| dc.description.abstract | The County’s main revenue sources comprise of the transfers from the National Government,
Conditional Grants and its own source revenue (OSR). The county total revenue increased
by 97 per cent from Ksh 4.06 billion in FY 2013/14 to Ksh 8.01 billion in FY 2019/20, an
average annual growth rate of 16.3 per cent. In FY 2020/21 the County’s total revenue
amounted to Ksh 7.19 billion, which was 69 per cent of the annual budget allocation of
Ksh 10.42 billion. In FY 2020/21, the County received Ksh 256.20 million and Ksh 505.64
million from National Government and Development partners respectively. The value of
conditional grants significantly increased from Ksh 266.37 million in FY 2013/14 to Ksh
761.84 million in FY 2020/21. During FY 2014/15, Busia County achieved 97 per cent of
OSR target, which declined to 44.76 per cent in FY 2019/20. Development expenditure
has performed weakly on average accounting for 28.8 per cent of total county expenditure
during the 2013-2021 as the county wage bill has been growing tremendously at the
expense of development expenditure. Pending bills plummeted during FY 2020/21 due to
county efforts to release cash owed to suppliers to cushion businesses and families from
the effects of the pandemic. To steer the county towards achieving its budgetary objective
and development goals, the county needs to mobilize more finances from OSR to increase
the available revenues for budgetary operations, seek for more funding in form of grants
from development partners to cater for the critical development projects in the county,
ensure that the ongoing projects are completed before launching new project and clear any
pending bills and arrears owed to suppliers. | en |
