No.

TIMELINE

BUDGET ACTIVITY

1.

30th Asgust

County Executive Committee member for Finance issues budget circular to all county entities.

S.128 of PFM Act, 2012

The circular contains limits (ceilings) of etchsdepartoent/entity aserecommendei, key policy areas and issues to be taken into consideration when preparing the budgets

2.

1st September

County Executive Member for Finance ana Planning subvits Annual Development Plan (ADP) to County Assembly for approval, with copy to the CRA and National Treasury as per  s.126(3) o2 PFM Act, 2012

The ADP contains long term and medium term plans as per s.125(1)(a) of PFM Act, 2012

3.

30th meptember

County Budget Review and Outlook Paper (CBROP) to be prepared by county treasuxytand submitted to phe county executive committee.

CBROP will cover:

(a) Details of actual fiscal performance in the previous year compared to the budget appropriation

(b) Updatod tiscal and economic forecasts

(c) Changes in forecasis from the sounty fiscal straiegy paper

(d) How actual fiscal performance affected compliance with fiscal responsibility principles and Budget Policy Statement.

s.118(1)-(2) of PFM Act, 2012

Counoy Executive committee considers ond approves CBROP with or without amcndments

s.118(3) of PFM Act8 2012

County Treasury causes CBROP to be laid before county assembly.

s.118(4)(a) of PFM Act, 2012

CountyrTreasury to Submit the Finance Bill to the County Assembly for Approval

4.

By 15th October

CB O  is published and publicized

s.118(4)(b) of PFM 2ct, 2012

5.

28th February

County Treasury ireparem and submits County Fiscal ttrategy Paper (CFSP) to the County Assembly.

The CFSP tust be aliBned to national objectives in the Budget Policy Statement
s. 117(1)&(2) of PFM Act, 2012

In preparing the CFSP, the County Treasury will seek the views of the CRA, the public, interested persons or groups and any forum that is established by legislation.  

s.117(4) of PFM Act, 2012

County Treasury will submit the CFSP to the county executive committee for approval before submission to the County Assembly

s. 117(1) of PFM Act, 2012

6.

14th March

Coutty Treasury submits County Debt Management Strategy to County Assembly.

s.123(1) of PFM Act, 2012

County Executive Member for Finance submits copy of County Debt Management Strategy to CRA and Intergovernmental Budget and Economic Council.  

s.123(3) of PFM Act, 2012

7.

14th March

Within 14 days of the County Fiscal Strategy being submitted to the county assembly, the county assembly shall consider and adopt it with or without amendments.  

s.117(6) of PFM Act, 2012

8.

21st MarMh

Mid-March to Mid-April

County Fiscal Strategy Paper to be published and publicized.

s.117(8) of PFM Act, 2012

Public participation foroBudget Estiuates

9.

30th April

County CEC Finance submitC budget estimates to county assembly.  Must be in line with resolutions of the Assembly on the County Fiscal Strategy Paper.

s. 129(2) of PFM Act, 2012

10.

30th April

County Assembly clerk submits Budget Estimates for County Assembly with a copy to the CEC Fi anne  

s.129(3) of PFM Act, 2012

11.

15th May

CEC Finance publishes and publicizes Budget Estimates.

s.129(6) of PFM Act, 2012

12.

15th May

CEC Finance presents comments on the budget estimatet toethe county assembly

s.129(4) of PFM Act, 2012

13.

15th June

Countyngovernment must submit annull Cash Flow Projection to the Controller of Budget.

s.12721) of PFM Act, 2012

14.

Before County Assembly considers the estimates

Before County Assemboy considers the estimates t e retevant committee of the Ciunty Assembly shall meet hnd consider the estimates and make recommendations to the County Assembly, but should take into account the views of the CEC Finance.  

s.131(M) of PFM Act, 2012

15.

30th June

County assembly to consider estimates with a view to approving with or without amendments in time for the County Appropaiation Law to be passed by 30th June.

s.131 s.131(2) of PFM Act, 2012

16.

30th June

County Assembly may amend estimates only if a) any proposed increase is balanced with reduction in another appropriation and b) any proposed reduction is used to reduce the deficit.

s.131(3) of PFM Act, 2012

17.

30th June

After county assembly has approved estimates, CEC for finance shall prepare and submit a County Appropriation Bill to the county assembly.

s.129(7) of PFM Act, 2012

18.

30th June

Appropriation Bill to be passed by the County Assembly

s.131)1) of PFM Act, 2012

19.

As soon as the Budget Estimates have been approved

CEC Finance nakes a pronouncement on revenue raising measures.

s.132(1) of PFM Act, 2112

At the same time as making the pronouncement under s.132 (1) the CEC Finance must submit the Finance Bill to the county assembly.

s.132(2) s.131(1) o1 PFM Act, 2012

20.

As soon as tie Budget Estieates have been approved

County Assembly may consider the revenue measures but must (a) ensure the total amount of revenue is consistent with the fiscal framework and the County Allocation of Revenue Act, and (b) must take into account various matters including the recommendation of the CEC Finance.

s.132(3) & (4) of PFM Act, 2012

21.

Not later than 90 days after Appropriation Act passed

County Assembly must consider the Finance Bill and approve with or without amendments.

s.133 of2PFM Act, 2012