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Presentation to the Portfolio Committee: Water & Environment

Presentation to the Portfolio Committee: Water & Environment

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Presentation to the Portfolio Committee: Water & Environment

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  1. Presentation to the Portfolio Committee: Water & Environment Finance Presentation byMr Onesmus AyayaChief Financial Officer13 April 2010 1

  2. Outline • Key challenges • Previous audit outcomes • Expenditure trends • MTEF allocation 2

  3. To ensure sound financial management practices based on the implementation of accountability and governance framework underpinning the Public Finance Management Act, (Act No. 1 of 1999) for both Main Account and Water TradingEntity This purpose contribute to Strategic Priority No. 6 of the strategic plan in terms of revenue management and implementation of financial improvement plan to address previous audit queries PURPOSE OF THE FINANCE BRANCH 3

  4. KEY FOCAL AREAS IN THE BRANCH • Supply Chain and Asset Management • Revenue and debtors management • Financial Accounting and Reporting • Management Accounting • Budget and Planning (including expenditure management) 4

  5. CHALLENGES FACING FINANCE • To sustain unqualified audit • Non-integrated financial systems for Main Account • Sluggish transformation in terms of organisational systems and processes required to support use of financial recourses to the Department • Relationship between regions and head office 5

  6. Systems that requires proper implementation and post implementation refinements– long term, user requirements (SAP, LOGIS etc) • Inadequate capacity (lack of skilled resources) • Extensive infrastructure assets –magnitude, spatial distribution/location: Auditable assets plans needed CHALLENGES FACING FINANCE (CONT) 6

  7. Solutions to Challenges • Employment of budget controllers to monitor monthly spending by program managers • Keeping vacant posts to no more that 5% of the establishment • Implementation of integrated management system with the help of national treasury • Formulation and implementation of clear assets management plans • Solution is linking all procurement to business plan during approvals 7

  8. EXPENDITURE OUTCOME FOR THE PERIOD ENDED 30 MARCH 2010 8

  9. EXPENDITURE OUTCOME FOR THE PERIOD ENDED 30 MARCH 2010 9

  10. Reason for under spending • Unfilled vacant posts throughout the department contributed to under – expenditure, it is anticipated approximately R110 million will not be spend in this current financial year • Late submission of invoices in respect of services already rendered such as Fleet management Services (Phakisa) and IT Services (Arivia.) • Accelerated community infrastructure programme, which requires counter party funding by municipalities 10

  11. KEY PROGRAMMES for 2010/2011 Post government reconfiguration: reorganised Programme structure is as follows: • Administration • Water management • National water resources infrastructure • Regional management • Water sector regulation 11

  12. MAIN ACCOUNT ALLOCATION (INCLUDING EARMARKED FUNDING) 12

  13. EARMARKED FUNDING 13

  14. UN-EARMARKED FUNDING 14

  15. DONOR FUNDING 15

  16. COMBINED BUDGET (EXCHEQUER & DONOR FUNDING) 16

  17. REQUEST FOR ADDITIONAL FUNDING – 2010/11 17

  18. Thank you 18