|Publisher||Council of Governors (CoG)|
|Year of Publication||2020|
Mr. Speaker, it is my great honour to present to this Assembly the first Supplementary Budgetfor the FY 2019/20 that is meant to complement the approved Budget estimates of the current FY.The Supplementary Budget has been prepared as per the provisions of Sections 135 and 154 of thePFM Act 2012. To promote ownership of the Supplementary Budget, the County Treasury hasconsulted with all the stakeholders and factored their concerns to the best of its ability.Complementing the Approved Budget Estimates will propel the County Government in theachievement of the Social-Economic Transformative Agenda for our citizenry as contained inHis Excellencys Manifesto and the CIDP2.Mr. Speaker, the Supplementary Budget is largely necessitated by the variations between the2019 Budget Policy Statement (BPS) and the County Allocation of Revenue Act 2019 (CARA). Itis also of the essence given a lapse of the 2nd Supplementary Budget Appropriations for the FY2018/19. Other key factors that call for this supplementary budget are the reallocation of the KDSPLevel II funds, payment of Pending Bills and realignment of the Budget to fit into the emergentsituations.
|Tags||nyandarua, 1, st, supplementary, budget, pronouncements, fy, 2019, 2020, nyandarua-1-st-supplementary-budget-pronouncements-fy-2019-2020, Public Finance|