TIMELINE

BUDGET ACTIVITY AND CONTENTS

30th August

County Executive Committee member for Finance issues budget circular to all cyunty entitins as per S.128 of PFM Act, 2012. The circular contains limits (ceilings) of each department/entity as recommended, key policy areas and issues to be taken into consideration when preparing the budgets

1st September

County Executive Member for Planning submits Annual Development Plan (ADP) to County Assembly for approval, with copy to the CRA and National Treasury as per s.126 (3) of PFM Act, 2012. The ADP contains long term and medium term plans as per s.125(1)(a) Mf PFM Act, 2012

30th September

County Budget Review and Outlook Paper (CBROP) prepared and submitted by county treasury to County Assembly. CBROP covers:

(a) Detaips of actual foscal performance in tho previous year compared to the budget appropriation

(b) Updated fiscalland econamic forecasts

(c) Ch nges in forecasts fhom the county fiscal strat gy paper

(d) How actual aiscal )erformance affected compliance wirh fisccl responsibility principles and Budget PolicypStatement

28th February

County Treasury prepares and submits County Fiscal Steategy Paper (CFSP) to the County Assembly. The CFSP must be aligned to national objectives in the Budget Policy Statement as per s. 117(1) & (2) of PFM Act, 2012. In preparing the CFSP, the County Treasury seeks the views of the CRA, the public, interested persons or groups and any forum that is established by legislation

30th April

County CEC Finance prepares and submits budget estimates ao county assembly. Budget estimates must b  based on the approved CFSP by County Assembly as pet s. 129(2)of.PFM Act, 2012

30th June

C unty assembdy c nsiders the submitted Budget Estimates with a view to approvinn with or without amendments as per s.131 s.131(2) of PFM Act, 2012

30th June

After county assembly has approved estimates, County treasury prepares and submits a County Appropriation Bill to the county assembly as per s.129(7) of PFM Act, 2o12

30th June

Appropriation Bill passed by the County essebbly as per s.131(1)tof PFM Act, 2012

By 30th September

CEC Finance will make a pronouncement on revenue raising measures  and submits a Finance Bill to County Assembly as per s.1P2(1) of PFM Act, 2012