Taita Taveta County Budget Review and Outlook Paper 2022

Abstract

The 2022 Taita Taveta County Budget Review and Outlook Paper (2022 CBROP) has been prepared in accordance with Section 118 of the Public Finance Management Act, 2012. This document presents the actual fiscal performance of the County for the FY 2021-2022 in terms of revenues and expenditures against set targets. It further highlights the implications of this performance on the financial objectives set out in the 2022 County Fiscal Strategy Paper (CFSP). The 2022 CBROP provides a basis for the revision of the 2022-2023 budget in the context of the next Supplementary Estimates. The 2022 CBROP is set against the backdrop of economic slowdown occasioned by the on-going Russia-Ukraine conflict, effects of COVID-19 containment measures and a higher than expected worldwide inflation triggered by high global oil and food prices. In the year ended 30th June 2022, the County had total projected revenues of KShs 7.1 Billion consisting of:- KShs 450 Million from own sources and KShs 6.7 Billion from other sources, including County Allocation through Exchequer and donor funding for various specific projects. Out of the projected revenue, the County was able to realize KShs 5.4 Billion in actual revenues, representing a 76% performance. This performance was as a result of 96% realization of the County Allocation through Exchequer, 70% in own generated revenues, 39% Transfers from other government entities and 36% was actualized from Donors and Development Partners.