Taita Taveta County Budget Review and Outlook Paper 2020

Abstract

The 2020 Taita Taveta County Budget Review and Outlook Paper (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 2019/2020 in terms of revenues and expenditures against set targets. It further highlights the implications on financial objectives set out in the 2020 County Fiscal Strategy Paper (CFSP). The 2020 CBROP provides a basis for the revision of the 2020/2021 budget in the context of the next Supplementary Estimates. The 2020 CBROP is set against the backdrop of a contracting global economy occasioned by the outbreak and the rapid spread of the Covid-19 Pandemic. The Pandemic and the attendant containment measures has led to contraction of the global economy disrupting businesses and leading to loss of livelihoods for millions of people globally The County’s fiscal performance in FY 2019/2020 was generally fair despite the negative effects of the COVID-19 global pandemic. Out of the projected revenue of Kshs 5.66 Billion, the County was able to realize KShs 4.8 Billion in actual revenues, representing 85%performance.The County generated Kshs 296 Million as Own Source Revenue(OSR)against a revised target of 230 Million. This was however a decline of 12% from the Kshs 332 Million recorded in FY 2018/2019.