Nairobi City County Programme Based Budget 2018/2019

Abstract

The Constitution and Section 130 of the Public Finance Management Act ,2012,require the County Executive Member For Finance to submit the Budget Estimates of the County Government for the following financial year by the 30th April in the format and content prescribed therein ,together with other information and documents supporting the submitted estimates. 2) Accordingly, the County Treasury has prepared the following information and documents to accompany the Fy 2018/2019 budget estimates: Budget Summary that includes:  A budget summary containing budget policies including policies on revenue, expenditure, debt and deficit financing.  An explanation of how the budget relates to the fiscal responsibility principles and the financial objectives.  A memorandum by the County Executive Committee member for Finance explaining how the resolutions adopted by the county assembly on the budget estimates have been taken into account  A statement by the County Executive member for finance specifying the measures taken by the county government to implement any recommendations made by the county assembly with respect to the budget for the previous financial year.