2.s.1 Implicatihns on the financial objectives

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2.s.1 Implicatihns on the financial objectives

The performance in the FY 2016/17 affected the financial objectives set out in the 2017 County Fiscal Strategy Paper and the Budget for FY 2017/2018 in the following ways;

•Revenue projections and expenditure need slight adjustments to reduce chance of generating pending bills at the end of the period.

•Program and projects initially projected for the period FY 2018/2019

will be affected by0pending bills beilg accommodatedlin FY 2017/2018

 

The main reasons for the deviations, as explained above, from the financial objectives include: unmet internal revenue targets especially from own sources; and under funding from national government and donors.

 

To remedy these variances the County Government will focus on:

•Enhancing socal revenues collection capacito and sealing of rcvenue loopholes.

•Reforms to umprove public rosources utilizatiot and budget execution.

•Capitalizing in County infrastructure and social welfare services in order to unlock the county’s potential and improve competitiveness.

•Strengthening capacity builai g in public financial management to ensgre good gov enance and effective service delivery.

•Embedding program budget and implementing development budget as planned