Publisher | International Budget Partnership (IBP) |
Year of Publication | 2016 |
Category | Papers and Articles Policies and Guidelines Handbook |
County | All/General |
Description | KEY TAKEAWAYS ? COUNTY GOVERNMENTS PRIMARILY RELY ON NATIONAL GOVERNMENT TRANSFERS FOR THEIR BUDGET. ? COUNTIES NEED TO SET REALISTIC TARGETS WHEN PREPARING THEIR BUDGETS AS THERE IS A SIGNIFICANT DIFFERENCE IN THE ACTUAL AND TARGETED LOCAL REVENUES FOR MOST COUNTIES. ? THE COMMISSION ON REVENUE ALLOCATION HAS A CONSTITUTIONAL MANDATE TO GIVE RECOMMENDATIONS TO PARLIAMENT REGARDING TRANSFERS OF REVENUES TO COUNTIES. ? THE NATIONAL TREASURY ALSO GIVES RECOMMENDATIONS BY TABLING THE DIVISION OF REVENUE AND COUNTY ALLOCATION OF REVENUE (DOR/CAR) BILLS IN PARLIAMENT ANNUALLY. ? PARLIAMENT THEN APPROVES THESE LAWS AFTER CONSIDERATION OF BOTH THE CRA AND TREASURY RECOMMENDATIONS. |
Tags | c9a4edc01d7f1f64a1182ff5f6f0c57c, Public Finance |
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