Nakuru County Approved Budget Estimates 2014/2015

Abstract

The 2014/15 budget is sector based which majorly borrows from the National Government classification of functions. The County Treasury Circular 1 and 3 outlined the guidelines observed in the preparation of this budget under the MTEF (Medium Term Expenditure Framework) The 2014/15 budget has been prepared in compliance constitution and PFM Act 2012. The content has been informed by the 2014 County Fiscal Strategy Paper (CFSP) and County Integrated Development Plan (CIDP) as approved by the County Assembly. In addition to the above the fiscal year 2014/15 budget has been prepared by incorporating the input as proposed by citizens during the citizen foras held between 2nd - 7th February 2014 at ward levels. In addition to firm up citizen proposal during sector draft budget hearings held between 22nd -24th April 2014.The principles of public finances laid down in Article 201 of the constitution where openness and accountability including participation in financial matter has been adhered to