MOMBASA COUNTY TREASURY MEDIUM TERM PROGRAMME BASED BUDGET ESTIMATES FISCAL YEAR 2018/2019

Publisher Council of Governors (CoG)
Year of Publication 2019
Category
County Mombasa
Description

The County Assemblys strategic interventions are guided by the County AssemblyService Board chaired by the Honorable Speaker. The Board aims to provide thenecessary environment for attaining the objectives and functionality of the Assemblyas set out in Article 12 (7) of the County Governments Act.The Total County Assembly Expenditure Budget for the financial year 2018/19including non-ceiling items stands at Ksh 920,688,698.00. The Expenditure ceiling asapproved by the SENATE stands at Ksh 646,914,950.00. The non-ceiling itemsincluding development expenditure at Ksh 273,773,748.00.The 2017/18 financial year was particularly challenging due to the prolongedelectioneering period coupled with an inadequate and erratic disbursements of funds.The Office of the Controller of Budget has also played a detrimental part in notreleasing development expenditure even after having approved the County Assemblybudget. This coupled with the restrictive financial autonomy has afforded the CountyAssembly little comfort in managing the operations hence the low absorption rate.The major achievements for the period 2017/18 include the prudent management ofthe limited resources as availed as well as the further operationalization of the CentralBanks Recurrent Account. The County Assembly also managed to seamlesslytransition from the first assembly to the second assembly after the elections. Further,the Assembly also managed to enact the relevant revenue raising bills as required bylaw and within the specified timelines.

Tags mombasa, county, treasury, medium, term, programme, based, budget, estimates, fiscal, year, 2018, 2019, mombasa-county-treasury-medium-term-programme-based-budget-estimates-fiscal-year-2018-2019, Public Finance

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