KZN overspends, but stays in the black

2012-06-01 16:18

Durban - Despite overspending by some R360m, KwaZulu-Natal's provincial government still managed to end the 2011/12 financial year with a budget surplus.

Finance MEC Ina Cronje said on Friday that apart from setting aside a R948m contingency fund, the provincial government exceeded its own revenue collection targets by R760m.

This, together with the contingency fund, left the provincial government with a net surplus of about R1.34bn.

In a statement issued after addressing the provincial legislature, Cronje said five departments had contributed to R78.7bn being spent, compared to the budget of R78.2bn for 2011/12.

The bulk of the over-expenditure occurred in the education department. It exceeded its allocation by R591m.

The health department exceeded its budget by R130m , while the transport department overspent by R6.5m.

The Royal Household over-spent by R489 000 and the provincial arts and culture department by R68 000.

Most of the education department's over-expenditure was related to additional personnel costs.

The other 11 departments under-spent their budgets.

  • Kala - 2012-06-01 16:22

    We need to lose the Royal Household Budget. They do absolutely nothing for their people and once a year organise a reed dance where young virgins parade their ware in front of a fat old man.

      procold2 - 2012-06-01 16:24

      kala, they say also that the heath budget was over,not acording to king edward the 8th hospital.

      Kala - 2012-06-01 16:31

      procold2 I wonder what the money was spent on. It clearly was not used to dispose of waste or get rid of the rats and cockroaches

  • revaro.winkler - 2012-06-01 16:25


  • Mike Purchase - 2012-06-01 17:41

    Hey reed dance,half naked children,good art gallery material.

  • Mike Purchase - 2012-06-01 17:42

    These people must think us tax payers are dim.

  • Cameron - 2012-06-01 17:58

    and the ANC is complaining about 8 grand....... Do yourselves a favour ANC, first fix your own MASSIVE problems before you point fingers... "Most of the education department's over-expenditure was related to additional personnel costs" mmmm...bit fishy that..

  • gavin.simpson.0 - 2012-06-01 18:02

    When I look at the state of our province this means nothing. Filth, crime, inefficiency... it's a long list.

  • Stewart Croucamp - 2012-06-01 18:09

    I dare the ANC to publish their income and expenditure for public scrutiny. I sure we would find some snakes in the grass.

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