Division of Revenue Act, 2016 (Act No. 3 of 2016)SchedulesSchedule 1 : Equitable division of revenue raised nationally among the three spheres of government |
SCHEDULE 1
EQUITABLE DIVISION OF REVENUE RAISED NATIONALLY AMONG THE THREE SPHERES OF GOVERNMENT
Spheres of Government |
Column A |
Column B |
|||
2016/17 |
Adjustment |
2016/17 Adjusted Allocation |
Forward Estimates |
||
2017/18 |
2018/19 |
||||
R'000 |
R'000 |
R'000 |
R'000 |
R'000 |
|
National1,2 |
855 070 793 |
( 5 412 775) |
849 658 018 |
922 857 273 |
1 003 451 247 |
Provincial 3 |
410 698 585 |
|
410 698 585 |
441 831 122 |
474 851 942 |
Local |
52 568 706 |
|
52 568 706 |
57 012 141 |
61 731 845 |
TOTAL |
1 318 338 084 |
( 5 412 775) |
1 312 925 309 |
1 421 700 536 |
1 540 035 034 |
| 1. | National share includes conditional allocations to provincial and local spheres, general fuel levy sharing with metropolitan municipalities, debt-service costs and the contingency reserve |
| 2. | The direct charges for the provincial equitable share are netted out |
| 3 | Provincial share includes an unallocated amount of R5.8 billion in 2018/19 that is not included in the forward estimates of provincial allocations in Schedule 2. |
[Column A of Schedule 1 amended by section 1 of Act No. 11 of 2016]