https://repository.kippra.or.ke/handle/123456789/1272 2022-10-31T07:36:01Z https://repository.kippra.or.ke/handle/123456789/3838 Migori County Budget Review and Outlook Paper 2020/2021 The 2021 Budget Review and Outlook Paper has been prepared in accordance with the Public Finance Management (PFM) Act, 2012 and its Regulations. The document provides actual fiscal performance for the FY 2020/21, macro-economic projections and the sector ceilings for the FY 2022/23 and the medium-term budget. This document provides an overview of how the actual performance of the FY 2020/21 affected our compliance with the fiscal responsibility principles and the financial objectives spelt out in the PFM Act as well as information showing changes from the projections outlined in the 2021 Budget Policy Statement. The fiscal performance of the FY 2020/2021 budget was below target on account of revenue shortfalls and rising expenditure pressures. In particular, the revenue shortfalls in the first and second quarter of the FY 2020/21 was largely due to the effects of Covid-19 Pandemic. Thus, total revenue collection including own source revenue totalled to Ksh 8.59 billion against the revised target of Ksh9.15 billion. On the other hand, total expenditure was Ksh 7.3 billion falling short of the target by Ksh 1.8 billion, mainly due to the lower absorptions recorded in both the recurrent and development expenditures by the County Government 2020-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1281 Migori County Budget Review and Outlook Paper 2017 The Migori CBROP gives a highlight of the fiscal performance in the 2016/17 FY budget and its implication on the execution of the 2017/18 FY budget. According to the findings, the budget was funded to the tune of 91.7% as compared to 89.2% in the previous FY 2015/2016. During the period under review the county received 7.086 billion shillings out of which 6.344 billion was spent representing 89.52% expenditure of the funds disbursed. Recurrent and development expenditure accounted for 70.68 per cent and 29.32 per cent respectively. The 8.3% that was unfunded was attributed to the non-release of conditional fund totalling 297.7 M, shortfalls in equitable share of 277M and local revenue collection of 69.7 M. The overall absorption rate for the county was 94.42 percent for recurrent and 62.40 for development expenditure respectively. However, the absorption rates for individual departments varied for both development and recurrent expenditure as can be seen from the report. It is also worth noting that the county surpassed the amount budgeted for the personnel emoluments. The amount budgeted was 2.36 billion while the actual expenditure was Kshs 2.485 billion. 2017-01-01T00:00:00Z