|Publisher||Council of Governors (CoG)|
|Year of Publication||2017|
The Budget implementation report highlights progress made in implementation of the Makueni CountyGovernment for the Financial Year 2017/18, ending 30th June 2018. It also presents the key challengesthat faced budget implementation during the reporting period and appropriate recommendations toovercome these challenges.The County Government had an original budget of Kshs 7,893,639,169.00 representing 66 per centrecurrent and 34 per cent development and a revised budget of Kshs 9,674,896,011.15 representing63per cent recurrent and 37 per cent development. The Budget was the last to implement the CIDP2013-2017 and was anchored on the County Government agenda of socio economic transformation witha broad focus of ensuring enough water for all Makueni residents.The FY 2017/18 revised Budget was funded from four main sources mainly shareable revenue from theNational Government of Kshs 6,825,200,000.00 FY2016/17 reallocation funds Kshs1,338,451,037.15, conditional allocations and grants Kshs 772,549,557.00 and projected own sourcerevenues of Kshs 738,695,417.00.During the year FY 2017/18, the County Government received 100per cent, 64per cent and 44per centof Shareable revenues, conditional allocations and grants and and own source revenues respectively.The total expenditure for the year amounted to Kshs 7,605,443,436.45 out of which Ksh5,635,372,318.42 represents recurrent expenditure and Kshs. 1,970,071,118.03 represnts developmentexpenditure.The overall absorption rate for the County Government was 79per cent. The recurrent and developmentabsorption rates were 92per cent and 55per cent respectively.
|Tags||makueni, county, county, treasury, fy, 2017, 18, budget, implementation, report, makueni-county-county-treasury-fy-2017-18-budget-implementation-report, Public Finance|
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