|Council of Governors (CoG)
|Year of Publication
This County Budget Review and Outlook Paper (CBROP) has been prepared in line with the PublicFinance Management (PFM) Act, 2012 and Regulations. It presents the fiscal outcome for the2017/18 financial year and how this affects the financial objectives set out in the 2018 CountyFiscal Strategy Paper (CFSP). The updated macroeconomic outlook therein also provides us witha basis to revise the 2018/19 Budget in the context of the Supplementary Estimates, as well as setout the broad fiscal parameters for the 2019/20 budget.Despite the challenges in the 1st half of financial Year 2017/18 caused by the longer than expectedelectioneering period, the county government closed the year satisfactorily despite the revenueshortfall and significant expenditure reprioritization.The 2017/18 fiscal outcome has had implications on the base on which the fiscal projections forthe Financial Year 2018/19 were based on. This in turn informs the budget framework for thefinancial year 2019/20. While at the both levels of government the macroeconomic environmenthas been significantly unstable due to the long election period, at the county level, the fiscaloutcome for FY 2017/18 and the first two months of financial year 2018/19 call for a review ofthe 2018/19 budget estimates and forms the basis of the sector ceiling provided in this policydocument for the financial year 2019/20. However, these ceilings have been underpinned by thecountys desire in maintaining the medium term macroeconomic framework that seeks to increaseyouth employment, reduce poverty and enhance land productivity as outlined in the countyintegrated development plan - CIDP.This CBROP outlines the policies that the county government seeks to implement in order for itto live up to its mandate given the prevailing macroeconomic circumstances and in conformitywith the fiscal responsibility principles outlined in the PFM Act 2012 and the Countysdevelopment Strategic objectives as contained in the county development plans.The sector strategies include;- prudent management of the countys financial resources in line with the PFM Act 2012, establishing a county public service that can deliver efficiently, developing appropriate social economic policies that can spur growth and development, creating a conducive investment environment, providing accessible and affordable social services (Health care, housing and Education) Providing efficient and affordable transport and communication services. promoting empowerment of youth, women and the marginalized members of ourcommunity, increasing land productivity to ensure increased farm incomes and food security, promoting sustainable exploitation of the countys natural resource base and Ensuring security of land tenure as well as providing adequate land for infrastructure anddevelopment of public institution.County Government of Trans Nzoia 3The fiscal framework presented in this 2018 CBROP provides a strong basis for building ourcommon future under the new constitution and in aligning our objectives to The Big FourAgenda. This CBROP is anchored on great fiscal discipline, transparency and public participationas a prerequisite to achievement of the aspirations of the people of Trans Nzoia County. Thesepolicy strategies will be firmed in the next County Fiscal Strategy Paper (CFSP) to be released byFebruary 2019.
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