Laikipia County Budget Review and Outlook Paper 2018

Abstract

Section 118 of the Public Finance Management Act (PFMA), 2012 provides for the preparation of the CBROP by the County Treasury. The Act states that a County Treasury: shall prepare a County Budget Review and Outlook Paper in respect of the county for each financial year; and submit the paper to the County Executive Committee by the 30th September of that year. The significance of the paper is to ensure that the government reviews its previous financial performance; outlook on the level of future revenues; and set preliminary sector ceilings in the light of reviewed performance and projected revenues. The C-BROP is also a key document in linking policy formulation, development annual planning and budgeting. The County Government is in its final fiscal year of implementing the First County Integrated Development Plan and Second Medium Term Plan that guide budget preparation and implementation in the County. The formulation of Second County Integrated Development Plan is also underway and will bring on board key lessons from the CIDP 2013-2017. The CBROP is embedded on the MTEF priorities and takes into account priority needs of the citizenry in the devolved system of government. The Sector Working Groups will formulate programmes for the Medium Term Expenditure Framework period focusing on priority programmes.