Taita Taveta County Budget Review and Outlook Paper 2019

Abstract

The 2019 Taita Taveta County Budget Review and Outlook Paper (CBROP) has been prepared in accordance with Section 118 of the Public Finance Management Act, 2012. It presents the actual fiscal performance of the County for the FY 2018/2019 in terms of revenues and expenditures against set targets. It also documents the recent fiscal and economic development nationally and county wide that have a bearing on the medium term budget framework. It further highlights the implications on financial objectives set out in the 2019 County Fiscal Strategy Paper (CFSP). This CBROP also provides us with a basis for the revision of the 2019/2020 budget in the context of the next Supplementary Estimates. There was a general improvement in the county fiscal performance in FY 2018/2019. Own Source Revenue(OSR) increased significantly from 203 Million in FY 2017/2018 to Kshs 332.7 Million representing an increase of 63.9%. Revenues from the national government as equitable share and other conditional grants amounted to Kshs 5.5 Billion.