Vihiga County Budget Review and Outlook Paper 2018

Abstract

The County Budget Review and Outlook Paper (CBROP) 2018 has been prepared in line with section 118 of the Public Finance Management (PFM) Act 2012 to prepare County Budget Review and Outlook Paper (CBROP) for the County, in respect for each financial year; and submit to other County Executive Committee by 30th September. The paper reviews fiscal performance of the County for the 2017/18 financial year while comparing It with the budget appropriation. In addition, it provides information on changes in forecasts as indicated in the County Fiscal Strategy Paper (CFSP) 2017; and how actual financial performance for the previous financial year may have affected compliance with the fiscal responsibility principles, or the County financial objectives for that year. It further gives reasons for any deviation from the County financial objectives in the fiscal strategy paper together with proposals to address the deviations.