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<title>County Fiscal Strategy Paper</title>
<link href="https://repository.kippra.or.ke/handle/123456789/1146" rel="alternate"/>
<subtitle/>
<id>https://repository.kippra.or.ke/handle/123456789/1146</id>
<updated>2022-10-31T07:15:23Z</updated>
<dc:date>2022-10-31T07:15:23Z</dc:date>
<entry>
<title>Vihiga County Fiscal Strategy Paper 2018</title>
<link href="https://repository.kippra.or.ke/handle/123456789/3424" rel="alternate"/>
<author>
<name/>
</author>
<id>https://repository.kippra.or.ke/handle/123456789/3424</id>
<updated>2022-02-19T10:14:05Z</updated>
<published>2018-01-01T00:00:00Z</published>
<summary type="text">Vihiga County Fiscal Strategy Paper 2018
This County Fiscal Strategy Paper (CFSP) sets the out County strategic priorities that will form &#13;
the basis for budgeting for the financial Year 2018/2019 and the Medium-Term Framework. It has &#13;
been prepared in accordance with section 117 of the Public Finance Management Act, 2012 and &#13;
aligned to the Budget Policy Statement published by the National Treasury.   &#13;
It outlines the County performance levels on revenue and expenditure vis a viz the approved &#13;
estimates. It goes further to set out projections on estimated revenue, expenditure and &#13;
deficit/surplus in the coming financial year. The estimated resources, priorities and goals are set &#13;
based on the County Integrated Development Plan (CIDP). These priorities shall form the basis &#13;
for resource allocation for every department.
</summary>
<dc:date>2018-01-01T00:00:00Z</dc:date>
</entry>
<entry>
<title>Vihiga County Fiscal Strategy Paper 2020</title>
<link href="https://repository.kippra.or.ke/handle/123456789/3421" rel="alternate"/>
<author>
<name/>
</author>
<id>https://repository.kippra.or.ke/handle/123456789/3421</id>
<updated>2022-02-19T10:12:14Z</updated>
<published>2020-01-01T00:00:00Z</published>
<summary type="text">Vihiga County Fiscal Strategy Paper 2020
The Vihiga County Fiscal Strategy Paper 2020 is a result of contribution and concerted efforts of many people. The paper is informed by the Public Finance Management Act 2012 Section 117 (1) which stipulates that the County Treasury should prepare the Fiscal Strategy Paper for the County. This Strategy Paper sets out broad strategic priorities and policy goals that will guide the Vihiga County Government in" preparing its budget for coming Financial Year 2020/2021 and over the medium term. The preparation of this fiscal strategy paper continues to be a collaborative effort from an array of expertise of professionals and key stakeholders in the County. Most of the information in this paper has been obtained from the National and County Government policy papers and Agencies. We are grateful for their inputs. We are also grateful for those who provided inputs during the various budgeting forums  conducted in the County, in  addition to comments from the Commission  for revenue Allocation and other stakeholders.
</summary>
<dc:date>2020-01-01T00:00:00Z</dc:date>
</entry>
<entry>
<title>Vihiga County Fiscal Strategy Paper 2021</title>
<link href="https://repository.kippra.or.ke/handle/123456789/3054" rel="alternate"/>
<author>
<name/>
</author>
<id>https://repository.kippra.or.ke/handle/123456789/3054</id>
<updated>2022-02-19T09:57:08Z</updated>
<published>2021-01-01T00:00:00Z</published>
<summary type="text">Vihiga County Fiscal Strategy Paper 2021
This County Fiscal Strategy Paper 2021 has been prepared in compliance&#13;
with the provisions of the Public Finance Management Act, 2012 Section&#13;
117.It outlines the current state of the economy, provides macro-fiscal&#13;
outlook over the medium term and specifies the set strategic priorities and&#13;
policy goals together with a summary of County spending plans, as a basis&#13;
for the FY 2021/22 budget. The Paper specifies the strategic priorities and policy goals that will guide&#13;
the County government in preparing its budget for FY 2021/2022. It&#13;
outlines the current state of the County in terms of budget implementation,&#13;
provides fiscal outlook over the medium term and specifies the set&#13;
strategic priorities and policy goals together with a summary of the&#13;
County government spending plans, as a basis for the FY 2021/22 budget.
</summary>
<dc:date>2021-01-01T00:00:00Z</dc:date>
</entry>
<entry>
<title>Vihiga County Fiscal Strategy Paper 2017</title>
<link href="https://repository.kippra.or.ke/handle/123456789/2809" rel="alternate"/>
<author>
<name/>
</author>
<id>https://repository.kippra.or.ke/handle/123456789/2809</id>
<updated>2022-02-19T10:14:48Z</updated>
<published>2017-01-01T00:00:00Z</published>
<summary type="text">Vihiga County Fiscal Strategy Paper 2017
The fiscal strategy of the County Government of Vihiga for the year 2017/2018 is set out in this paper. The CFSP is prepared in accordance to PFM Act section 117 which states that, the County Treasury shall prepare and submit to the County Executive Committee the County Fiscal Strategy Paper (CFSP) for approval and then shall submit the approved Fiscal Strategy Paper to the County Assembly, by the 28th February of each year. The contents of the CFSP are largely informed by the PFM Act section 117(2) which provides for the aligning of the CFSP with the national objectives in the Budget Policy Statement. The fiscal framework is guided by various principles which are in line with the medium term expenditure framework and the County Integrated Development Plan ( CIDP) among them: A strong revenue effort to ensure that the County budget has no deficit, budget expenditures are consistent with agreed County and sectorial priorities with increased shift away from recurrent to capital expenditures while ensuring resources for operation and maintenance of capital stock is provided for while at the same time providing sufficient fiscal space for infrastructural and social programmes necessary to achieving CIDP.
</summary>
<dc:date>2017-01-01T00:00:00Z</dc:date>
</entry>
<entry>
<title>Vihiga County Fiscal Strategy Paper 2019</title>
<link href="https://repository.kippra.or.ke/handle/123456789/1157" rel="alternate"/>
<author>
<name/>
</author>
<id>https://repository.kippra.or.ke/handle/123456789/1157</id>
<updated>2022-02-19T10:12:57Z</updated>
<published>2019-01-01T00:00:00Z</published>
<summary type="text">Vihiga County Fiscal Strategy Paper 2019
The Vihiga County Fiscal Strategy Paper 2019 lays down the framework for the preparation of the 2019/2020 County budget in accordance with the Public Finance Management Act 2012, section 117. It sets out the County Government of Vihiga’s economic policies and key priority programs to be implemented in the Medium-Term Expenditure Framework (MTEF) in line with Vihiga County Integrated Development Plan 2017-2022 and the Annual Development Plans for 2019/2020.&#13;
CFSP outlines the budget performance in the previous year 2017/18 and the first six months of the current year 2018/19. It contains data on revenue and expenditure performance as compared to the respective budget estimates. This data allows us to ask questions like: are our revenue estimates realistic? If we give more money to a given department, can they actually spend it?&#13;
Informed by the performance data, we can then project the total budget (revenue, expenditure and deficit) for the coming financial year 2019/20.
</summary>
<dc:date>2019-01-01T00:00:00Z</dc:date>
</entry>
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