Gauteng roads and transport department overshoots revenue collection target
23 May 2018 - by
The Gauteng Department of Roads and Transport (gpdrt) collected net revenues of R3.7 billion in the 2017/18 financial year, surpassing the budgeted R3.6 billion, according to a statement released by the department today.
Gpdrt spokesperson, Melitah Madiba, said that this had been achieved through the adoption and implementation of a Revenue Maximisation Strategy last year which was aimed at improving revenue collection in the province.
“Part of the strategy includes the use of information technology for proper accounting of revenues,” she said.
MEC for Roads and Transport, Ismail Vadi, said that the department was one of the key sources of funding for the Gauteng Provincial Treasury.
“Over the past three years, the department has collected motor vehicle and other licensing fees amounting to R10.3 billion against the R9.7 billion budgeted target. This means that we have over-collected on our adjusted budget,” he said.