GDF Annual Report - Gauteng Provincial Treasury

SECTION 3: REPORT ON THE PERFORMANCE OF PROGRAMMESperformance information has been audited. The reporttalks to the aggregated performance of the ProvincialTreasury in terms of the role, mandate and functionof Treasury, focusing on the following stated annualtargets:• 100% implementation of Provincial Fiscal Plan• 2% Variance on Treasury compiled forecasts ofGPG Expenditure at Budget vs. Actual expenditureas at the End of Year Fiscal Report• Assessments of impact alignment of strategiesfunded through projects and other initiatives• 50% increase in performance at departmentallevel in timeliness and quality of in-year-monitoring• 2 Assessments of Gauteng’s financial stabilityand risk management• 20% decrease in error rates of financial activities.1.6. Sub-programme 4: Office of theDivisional Head: Shared ServicesThe Head of Shared Services’ Report in the APR willbe compiled when the financial and non-financialperformance information has been audited. The reporttalks to the aggregated performance of the departmentin terms of the role, mandate and function of theShared Service Centre, focusing on the following statedannual targets:• 75% customer requirements satisfied by SharedServices• 20% Efficiency improvement in services deliveredby Shared Services• 10 % reduction in overall transactional costs• Advancement in organisational learning andinnovation.1.7. Sub-programme 5: CFO’s OfficePurpose:• To provide strategic financial planning support,financial management and quality supply chainmanagement services to the GDF.Strategic Objectives:• To ensure effective and efficient management of theGDF and its programmes.• To provide proactive strategic and operationalinstitutional support to stakeholders thus enablingthem to deliver quality services• To ensure cost efficiencies and consolidatingresources for economies of scale.Measurable objectives:• To appropriate financial management measuresthat enables the GDF to be compliant with thePFMA, Treasury Regulations and other legislativerequirements.• To provide professional, cost effective and qualitysupply chain management service to the GDF.Gauteng Department of Finance23