- 20 Marks
PSAF – L2 – Q13.4 – Budget Performance Analysis
Prepare a budget performance report for Nkong District Assembly based on the 2023 revenue and expenditure extract.
Question
(a)
Prepare a budget performance report of Anlo District Assembly based on the extract below.
| Annual budget GH¢’000 | Revised budget GH¢’000 | Actual performance GH¢’000 | |
|---|---|---|---|
| Decentralised transfer | 32,000 | 35,000 | 42,000 |
| Internally generated fund | 56,000 | 45,000 | 33,000 |
| Compensation | 23,000 | 20,000 | 25,700 |
| Goods and services | 13,000 | 18,000 | 24,000 |
| Non-financial asset | 18,000 | 15,000 | 12,000 |
Answer:
Anlo District Assembly
Revenue and expenditure extract of Anlo District Assembly for the year ended 31 December 2023
| Revised Budget GH¢ | Actual Performance GH¢ | Budget Outturn GH¢ | Budget Outturn percentage (%) | |
|---|---|---|---|---|
| Decentralised transfer | 35,000,000 | 42,000,000 | 7,000,000 | 20.00 |
| IGF | 45,000,000 | 33,000,000 | (12,000,000) | (26.67) |
| Compensation | 20,000,000 | 25,700,000 | (5,700,000) | (28.50) |
| Goods and services | 18,000,000 | 24,000,000 | (6,000,000) | (33.33) |
| Non-financial asset | 15,000,000 | 12,000,000 | 3,000,000 | 20.00 |
(b)
Write a report analyzing the budget outturn whilst assessing the likely causes of the variances during the year and discuss the limitations of your analysis.
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