Lamu County Approved Budget Estimates 2022/2023

Abstract

1. Revenues The total annual estimates for fiscal year 2022/23 are Kshs 3,697,583,560 as summarized: a) Recurrent Expenditure The total recurrent expenditure for the financial year 2022/2023 accounts for Kshs 2,537,271,402.00 which constitutes 68.6% of the total budget. Compensation of employees accounts for Kshs. 1,709,230,973 of the total expenditure translating to 46.2% while other recurrent expenditure accounts Kshs. 828,040,429 translating to 22.4% of county total expend b) Development Expenditure The total development expenditure for the FY 2022/2023budget accounts for Kshs1,160,312,158.00. translating to 31.4% of the total expenditure.