Statement by MEC Alan Winde on 2010/11 Western Cape Government financial report, June 23 2011
Western Cape Provincial Government maximises spending on infrastructure and service delivery
The 2010/11 pre-audited financial report of the Western Cape Government reveals that the province spent just over 99%, or R34.072 billion, of its total budget. The Western Cape Government is improving expenditure on service delivery and infrastructure to enable an environment for growth and jobs.
This year's report was a marked improvement on the 2008/09 and 2009/10 figures, which saw total expenditure of 97.68% (R25.614 billion) and 98.16% (R30.106 billion) respectively.
Provincial Treasury Western Cape is continually raising the bar by becoming more efficient, effective and systematic in the support it provides to other departments. Despite an increase in budget of R3.73 billion, our departments managed to reduce unspent funds from R565.671 million in 2009/10 to R339.264 million in 2010/11. These results are largely due to the hard work of the Red Flag Team and the Financial Management Improvement Programme that we have instituted.
In total, the provincial departments spent 97.3% (R3.345 billion) of their combined infrastructure budgets in 2010/11, compared with 90.6% in 2009/10.