A critical view of the allocation of revenue to provincial governments
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Date
Authors
Du Bruyn, Rudrik
Venter, J.M.P.
Journal Title
Journal ISSN
Volume Title
Publisher
School of Accounting Sciences, University of Pretoria
Abstract
This article investigates the principles used in the allocation of revenue resources to the nine provincial governments based on the recommendations of the Financial and Fiscal Commission. The article identifies the aspects that are taken into account in the allocation process. Problems with the current formula used for the allocation of revenue are highlighted. New legislation regarding the budgetary process is examined to determine if it adresses the problems experienced at the moment.
Description
Keywords
Allocation of income, Basic grant, Census data, Financial and Fiscus Commission, Fiscal capacity equalization grants, Institutional grant, Intergovernmental Fiscal Relations Act, National standards grant, Spillover grant
Sustainable Development Goals
Citation
Du Bruyn, R & Venter, JMP 1998, 'A critical view of the allocation of revenue to provincial governments', Meditari : Accountancy Research, vol. 6, pp. 37-51. [http://www.meditari.org.za]