SFM Report_21.9.2021

ANALYSIS OF PROJECT INCOME & MANAGEMENT FEES Aug-21

Comments The Sustainable Tourism unit only reached 66% of budget YTD, this is due to 2 pipeline projects that havent materialised, there was a delay in the implementation of the WWF project. The Schools and Youth unit reached 121% of budget this is due to projects which were signed after budget.

Budget Aug-21

Variance

Actual

Budget

Variance

Actual

Year To Date

PROFESSIONAL FEES

594 353

585 537 128 068 457 468

8 816

3 034 508

2 834 599

199 909 -225 342 425 251 135 565

Sustainable Tourism

68 000 526 353 126 758

-60 068 68 884 71 395 10 000

340 000

565 342

Schools & Youth

2 694 508

2 269 258

VEHICLE USAGE OFFICE COSTS

55 363

412 378 81 250

276 813 31 250

16 250

6 250

50 000

TOTAL PROJECT INCOME

737 360

647 149

90 211

3 528 136

3 142 662

385 474

MANAGEMENT FEES

73 859

206 515

(132 656)

517 447

752 571 20 000 282 571 450 000 752 571

(235 124) -20 000 234 876 -450 000 (235 124)

Management fees were higher than budgeted due to projects which were signed after budget in the S&Y unit.

Sustainable Tourism

-

-

-

-

Schools

73 859

56 515 150 000 206 515

17 344

517 447

Work Skills

-

-150 000 (132 656)

-

TOTAL MANAGEMENT FEES

73 859

517 447

131%

Course Fee income received is only from Tourism Blue Flag 2 Module 3 training done in August.

Course Fees

411 544

423 200

(11 656)

1 931 506

2 310 141

(378 635)

TOTAL COURSE FEES

411 544

423 200

(11 656)

1 931 506

2 310 141

(378 635)