KZN to overspend R504?mln

2013-11-14 00:00

THE KwaZulu-Natal government is projecting to overspend its budget by R504,682 million in the current financial year.

This has been decreased from the R1,431 billion in over-expenditure initially projected. It comes after the National Treasury made new allocations to the province and approved the roll-over of funds from the previous financial year.

This was revealed in a report tabled before the finance portfolio committee on Tuesday.

The report said the Provincial Treasury has been notified of the approval of the roll-over of the following grant funding:

• R93,5 million for the national school nutrition programme;

• R3,8 million for the recapitalisation of technical secondary schools; and

• R28 million for the devolution of the property rates fund.

The report also said the National Treasury had allocated to KZN the following:

• R119,9 million for salary costs;

• R296,6 million to regrade the salary levels of clerical workers;

• the Health Department would receive R110 million to alleviate its budget constraints on infrastructure projects;

• the Education Department would receive R200 million to pay outstanding monies due to its employees; and

• an additional R49,4 million for disasters experienced in 2011/12, among others.

The report said belt-tightening measures introduced by the KZN Treasury would remain in force.

“The cost-cutting measures that were first introduced in 2009/10 have been re-issued to the departments in a circular, advising them that these measures remain in place for the foreseeable future,” the report said.

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