Baringo County Budget Review and Outlook Paper 2023

Abstract

The County Budget Review Outlook Paper (CBROP) is prepared in accordance with section 118 of the Public Finance Management Act, 2012. It reviews the actual fiscal performance of the FY 2022/2023 and makes comparisons to the budget allocations in the same year. It presents the Budget performance for FY 2022/2023 and how the budget adhered to the fiscal responsibility principles and financial objectives as set out in the PFM Act, 2012. The updated fiscal forecasts therein also provide the basis to revise the FY 2022/2023 budget in the context of supplementary estimates. During the FY 2022/2023, the County government total budget was Kes 9.257 billion. The total budget comprised of equitable share of Kes 6.369 billion, conditional grants of Kes 1.078 billion, own-source of revenue of Kes 387.43 million and balance brought forward from the previous FY of Kes 1.422 billion. In the previous years, the County own source revenue have been increasing significantly however, within the FY under review; own source revenue was below target and was attributed to the electioneering period in the Country and the lifelong effects of Covid-19 pandemic which majorly affected collection from tourism. Grants receipts was Kes 912 million against a target of Kes 1.078 billion.