Homa Bay County Budget Review and Outlook Paper 2019

Abstract

This CBROP initiates the preparation of the FY 2020/21 budget estimates. It therefore imperative for the Sector Working Groups to adhere to the tentative budget ceilings and rationalize all expenditures and ensure they are aligned to the achievement of the county development objectives. As the sectors embark on the FY 2020/21 budget preparation, sectors should adopt a zero-based budgeting framework and properly cost only the activities geared towards the realization of the strategic objectives of the county. In particular, emphasis should be put on programmes that are highly visible and with great impact on service delivery while ensuring the tax payers get value of their money. The fiscal performance of the FY 2019/20 is expected to improve greatly owing to the improved economic environment in the domestic scene and the revenue and expenditure management reforms being undertaken. The updated economic and financial outlook presented in this paper will set out the broad fiscal parameters for preparation of the next budget. It will also outline projected macroeconomic outlook based on national economic indicators as well as county-specific economic growth indicators.