The Budget must contain two main kinds of information – how the Government intends to source for revenue, and – how it expects to spend that revenue.

The Budget performs five key functions in a County. Allocation function: The Budget guides the development process in the County through resource allocation. Distribution function: The Budget ensures balanced distribution of the County’s resources and that wealth is realised through identification of sectors that need renewed focus and affirmative action. Stabilization function: The Budget helps to attain and maintain a desired level of

You need to understand the budget because it is very important to you as a citizen as it is a planning, economic, political and social document. As an economic document, the Budget allocates scarce resources. As a planning tool, it assists in drawing future activities in advance of time (forecasting). As a political document, the Budget determines who gets how much of

The following table shows the key dates linked to Budget preparation. Remember, the Country’s financial year runs from July 1 to June 30. The key dates are also summarised in the County Budget Roadmap drawn after this table

The budget is limited to the following key policy documents as stipulated under Section 117 of the Public Finance Management Act 2012.

The key policy documents that the County budget is linked to are; Vision 2030 County Integrated Development Plan (CIDP) County Budget Review Outlook Paper (CBROP) County Annual Development Plans County Budget Policy Statement, and County Fiscal Strategy Paper (CFSP)

The preparation of a Budget involves many parties, a number of laws, rules and several procedures. In a County budget, the Executive Member in charge of Finance requests the County Assembly to raise the estimated revenue and to incur the approved expenditure for a given financial year. Through the budget cycle, a County Government demonstrates

A budget is a financial plan that outlines the sources of funds and how such funds are to be spent. It is a plan of expenditure and revenue, expressed in monetary terms and covering a specific period of time, usually one year. It is a systematic process of setting financial goals. It forecasts, monitors and