Makueni County Budget Review and Outlook Paper 2016

Abstract

The County Budget Review and Outlook Paper (CBROP) 2016 provide a review of the FY 2015/16 fiscal performance in relation to the objectives set out in the 2016 County Fiscal Strategy Paper. The performance coupled with updated macroeconomic outlook provides a basis for revision of the current budget and outlines broad parameters underpinning the 2017/18 budget. The 2015/16 financial year budget was more capital focused compared to previous budgets. The budget estimates comprised of 49.8 percent recurrent and 50.2 percent development estimates. The budget was mainly financed from four sources; the National Government (68.91 percent), 2014/2015 reallocated funds (27.12 percent), Own Generated Revenue (3.84 percent) and donor funds (0.14 percent) The fiscal year 2015/2016 actual revenue receipts amounted to Kshs.8, 934,859,577.60 representing 94.55 percent against a target of Kshs.9, 449,929,070.33. The Local revenue actual collection was Kshs. 217, 998,870 representing 54.50 percent against a target of Kshs 400,000,000. The County received Kshs. 12, 065,000 against Kshs. 24,130,000.00 from DANIDA for health sector support and Kshs. 187,352,970.00 against the budgeted Kshs. 493,000,052.00 from the Conditional Grants. The anticipated Kshs. 51,022,690.00 from World Bank was not received. The actual expenditure and commitments for the period ending 30th June 2016 amounted to Kshs.s 5,682,630,741 and 2,084,119,795 respectively. The total amount for expenditure and commitments represents 82 percent of the 2015/16 budget.