Kirinyaga County Budget Review and outlook Paper 2016

Abstract

The County Budget Review Outlook Paper (CBROP) is prepared in line with section 118 of the Public Finance Management Act, 2012. It reviews the actual fiscal performance of the financial year 2015/16 and makes comparisons to the budget appropriations of the same year. In reviewing the fiscal performance, this paper analyzes the performance of county own revenue in the FY 2015/16. It has included the total revenue collected and made comparison to projected revenue for the same year. In addition, the policy document analyses causes of underperformance of local revenue hence detailing the challenges of budget implementation. Included in the analysis is also performance of ministerial expenditures for the period under review. This paper has also provided an overview of how the actual performance of the FY 2015/16 affected the financial objectives as detailed in CFSP of 2015. The performance of 2015/16 budget has formed the basis for projecting the 2017/18 budget based on the recent economic development. It is projected that, the projected revenue and expenditure for 2017/18 will be achieved with strict expenditure controls and enhanced revenue collection measures.