Kisii County Budget Review and Outlook Paper 2015/2016

Abstract

The County Budget Review Outlook Paper (CBROP) is prepared in line with section 118 (1) of the Public Finance Management Act, 2012. It reviews the actual fiscal performance of the financial year 2015/16 and makes comparisons to the budget appropriations of the same year. It also provides the recent economic developments and the updated economic and financial forecast with sufficient information to show changes from the forecast in the County Fiscal Strategy Paper (CFSP), February, 2016. In reviewing the fiscal performance, this paper analyzes the performance of the County’s own revenue in the FY 2015/16. It has included the total revenue collected and made comparison to projected revenue for the same year. In addition, causes of the underperformance of revenue are also highlighted. Included in the analysis is also performance of departmental expenditures for the period under review. In this paper, we intends to provide an overview of how the actual performance of the FY affected our compliance with the fiscal responsibility principles and the financial objectives as outlined in the 2016 County Fiscal Strategy Paper (CFSP). The CBROP intends to continue to play a critical role in the preparation of budgets and management of public resources in the County Government. To strengthen the budget preparation process, the County government intends to continue to embrace performance budgeting and deepen public financial reforms to increase efficiency and effectiveness in service delivery and value for money.