Nakuru City County Fiscal Strategy Paper 2017

Abstract

The 2017 County Fiscal Strategy Paper is prepared against a background of the end of the current plan period as per the County Integrated Development Plan (2013-2017) and the second Medium Term Plan period (2013-2017) of the Vision 2030. This fiscal year under focus is marked by slowed growth in transfers from the nationally raised revenue as well as limited projection of the locally raised revenues. The post devolution transition period was marked by stability in County expenditure management observed through the County Budget Review and Outlook Paper published in October 2016. In FY 2015/2016 the County government recorded significant improved performance in development expenditure spending at Ksh 3.2 billion compared to the Ksh 1.6 billion in the previous year.