https://repository.kippra.or.ke/handle/123456789/1328 Mon, 31 Oct 2022 07:26:19 GMT 2022-10-31T07:26:19Z https://repository.kippra.or.ke/handle/123456789/3850 Nyamira County Budget Review and Outlook Paper 2015/2016 The County Budget Review and Outlook Paper (CBROP) isprepared in accordance with Public Financial Management Act, 2012. It is the fourth to be prepared under the devolved system of Government. It presents the fiscal outcome for FY 2015/16 and how this affects the financial objectives set out in the 2016/17 budget. The updated macroeconomic outlook therein provides a basis to revise the 2016/17 budget in the context of the Supplementary Estimates, as well as setting out the broad fiscal parameters for the next medium term framework budget. The 2015/16 FY had its fair share of challenges arising from the county operating on a 50% budget for the larger part of the year. Despite these challenges, the overall performance of the county was satisfactory. The lessons learnt will inform county management decisions aimed at improving the county’s performance in the medium term. In order to build on the successes of the 2015/16 FY, the county will continue to invest on priority areas as envisaged in the 2016 Fiscal Strategy Paper despite expenditure pressures from other competing sectors. Thu, 01 Jan 2015 00:00:00 GMT https://repository.kippra.or.ke/handle/123456789/3850 2015-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/3848 Nyamira County Budget Review and Outlook Paper 2013/2014 The County Budget Review and Outlook Paper (CBROP) presents the fiscal performance for the last financial year 2013/14 against the Budget appropriation for that year and how the actual performance may have affected compliance with the fiscal responsibility principles or the financial objectives. The updated macroeconomic outlook therein also provides us with a reason for any deviation from the financial objectives in the County Fiscal Strategy paper together with the proposals to address the deviations and the time estimated for doing so. In the previous financial year, we were able to develop the County Integrated Development Plan (CIDP), departmental strategic plans and work plans, all meant for implementation of the budget for that financial year. The delayed approval of the CIDP led to the low absorption of funds, making the implementation of the planned projects in that financial year to spill over to the current financial year. Also, delayed disbursement of funds from the National government adversely affected budget implementation. We closed the financial year satisfactorily, despite the teething problems and challenges faced in the process of implementing and putting in place the County Government structures. Wed, 01 Jan 2014 00:00:00 GMT https://repository.kippra.or.ke/handle/123456789/3848 2014-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/3846 Nyamira County Budget Review and Outlook Paper 2016/2017 The County Budget Review and Outlook Paper (CBROP) 2017 is prepared in accordance with Public Financial Management Act, 2012 section 118(1). It is the fourth to be prepared under the devolved system of Government. It presents the fiscal outcome for FY 2016/17 and how this affects the financial objectives set out in the 2017/18 budget. It also discusses the implications of the current and past fiscal position on the MTEF period from 2018/19-2020/2021. The updated macroeconomic outlook therein provides a basis to review the 2017/18 budget in the context of the Supplementary Estimates, as well as setting out the broad fiscal parameters for the next medium term framework budget. The CBROP 2017 comes at a time when the conclusion of MTP 11 and the first CIDP 2013-2017 is taking place. This is ushering in a new era of MTP 111 and CIDP 2018-2022 which forms a new basis for future county planning for the next five years. In the MTEF period, the county planning would take a sectoral approach, where 10 sector plans would be developed to inform the MTP 111 and CIDP 2018-2022 thematic areas. In addition, the CBROP 2017 came at a time of national general elections which were held in August 8th 2017. During the compilation of this document, the country was still in campaigning mood because the general elections prompted a fresh presidential election. In the new political re-alignments, The Governors re-election manifesto, inaugural speech and priority shift are expected to take precedence in the MTEF period. Sun, 01 Jan 2017 00:00:00 GMT https://repository.kippra.or.ke/handle/123456789/3846 2017-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2550 Nyamira County Budget Review and Outlook Paper 2020/2021 The County Budget Review and Outlook Paper (CBROP) 20120 has been prepared in line with the Constitution of Kenya 2010 and Section 118 of the PFM Act, 2012. It presents the fiscal performance for 019/2020 Financial Year and the outlook in the medium-term period. The updated macroeconomic outlook provides a basis to revise the 2020/2021 budget in the context of the supplementary estimates, as well as setting out the broad fiscal parameters for the next medium-term framework budget. In terms of resources mobilization, the county realized Kshs.6,288,600,832, against a target of Kshs.7,001,976,763 in 2019/2020. This included locally generated revenue amounting to Khs.187, 324,098 an increase from Kshs.165,447,570 raised in 2018/2019. Despite the good performance in local revenue generation, it still fell short of the Kshs. 62,675,902 targets for the year. A number of measures have been put in place in order to address challenges of local revenue including automation of revenue collection as well as review of the Finance Act. On expenditure, the County absorbed Ksh.6,032,819,187 against a target of Kshs. 7,001,976,763. The actual expenditure comprised of Ksh.1, 1,233,828,011 and Ksh.4,798,991,176 as development and recurrent expenditures respectively and represented an absorption rate of 63% for development while recurrent absorption rate was 95%. This is a challenge that will be addressed by ensuring timely procurement and strengthening monitoring of progress of development projects. Wed, 01 Jan 2020 00:00:00 GMT https://repository.kippra.or.ke/handle/123456789/2550 2020-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2549 Nyamira County Budget Review and Outlook Paper 2019/2020 The County Budget Review and Outlook Paper (CBROP) 2019 has been prepared in line with the Constitution of Kenya 2010 and Section 107 of the PFM Act, 2012. It presents the fiscal outcome for FY 2018/2019 and the outlook in the medium-term period. The updated macroeconomic outlook provides a basis to revise the 2019/2020 budget in the context of the supplementary estimates, as well as setting out the broad fiscal parameters for the next medium-term framework budget. In terms of resources mobilization, the county realized Kshs.6,684,626,916 against a target of Kshs.6,959,073,379 in 2018/2019. This included locally generated revenue amounting to Khs.165 million an increase from Kshs.97 million raised in 2017/2018. Despite the good performance in local revenue generation, it still fell short of the Kshs. 255 million targets for the year. A number of measures have been put in place in order to address challenges of local revenue including automation of revenue collection as well as review of the Finance Act. On expenditure, the County absorbed Ksh.5,624,185,110 against a target of Kshs. 6,959,073,379. The expenditure comprised of Ksh.1,142,700,781 and Ksh.4,481,484,329 as development and recurrent expenditures respectively and represented an absorption rate of 20% for development while recurrent absorption rate was 80%. This is a challenge that will be addressed by ensuring timely procurement and strengthening monitoring of progress of development projects Tue, 01 Jan 2019 00:00:00 GMT https://repository.kippra.or.ke/handle/123456789/2549 2019-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1339 Nyamira County Budget Review and Outlook Paper 2017/2018 The County Budget Review and Outlook Paper (CBROP) is prepared in accordance with Section 118 of the Public Finance Management Act, 2012.It presents the fiscal outcome for FY 2017/18 and how this relates with the financial objectives that were set out in the 2017/18 Programme Based budget. The updated macroeconomic outlook herein provides a basis to revise the 2018/19 budget in the context of the supplementary estimates, as well as setting out the broad fiscal parameters for the next medium term framework budget. The FY 2017/2018 had its fair share of challenges that included delay in salaries of county employees for three months caused by the introduction of a second supplementary budget and delays in exchequer releases. Despite these challenges, the overall performance of the county was above average. The lessons learnt would inform county management decisions aimed at improving the county’s performance in the medium term for effective and efficient absorption of departmental allocations. In order to build on the successes of the 2017/18 FY, the county will continue to invest on priority areas as envisaged in the 2018 Fiscal Strategy Paper despite pressures brought about by the National Government resolve to reduce county revenue allocation by 9 billion for the financial year 2018/2019 and the introduction of the VAT levy on fuel which has caused inflation rates to rise. Mon, 01 Jan 2018 00:00:00 GMT https://repository.kippra.or.ke/handle/123456789/1339 2018-01-01T00:00:00Z