Resources | Council of Governors (CoG) (Nyeri) | English | 2020 According to section 104 of the Public Finance Management Act, 2012, the CountyTreasury has the responsibility of monitoring, evaluating and overseeing the management ofpublic finances and economic affairs of the County Government and specifically has the followingresponsibilities: - Developing and implementing financial and economic policies; Preparing the annual budget and Coordinating the preparation of estimates of revenueand expenditure; Coordinating the implementation of budget; Mobilizing resources for funding the budgetary requirements and putting in placemechanisms to raise revenue and other resources; Managing county public debt and other obligations and developing a framework of debtcontrol; Consolidating the Annual Appropriation accounts and other financial statements; Ensuring proper management, control, and accounting of the county finances; Strengthening financial and fiscal relations between the national and county governments; Reporting regularly and specifically quarterly to the County Assembly, Office of theController of the Budget, National Treasury and Commission of Revenue allocation on thebudget implementation; Issuing circulars with respect to financial matters relating to county government entities; Ensuring compliance with the Constitution, PFM Act, 2012 and its Regulations (CountyGovernment), 2015, provisions on public finance management