A critical view of the allocation of revenue to provincial governments

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Date

Authors

Du Bruyn, Rudrik
Venter, J.M.P.

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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.

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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

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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]