COUNTY TREASURY EMBARKS ON STRATEGIC REVIEW OF 2023/24 PERFORMANCE TO GUIDE BUDGET PLANNING

The County Treasury has commenced a 3-day working session to assess the financial and non-financial performance of the 2023/24 fiscal year.

The session has convened staff from eight sector working groups representing all departments, to contribute insights that will shape the 2024 County Budget Review and Outlook Paper (CBROP) and set preliminary sector ceilings for the 2025/26 fiscal year.

The groups will identify gaps, successes, lessons learned from the implementation of the 2023/24 fiscal year and areas for improvement in 2025/26, crucial for informed budget decisions.

The resulting document will undergo approval processes by the County Executive Committee, the County Budget Economic Forum and the County Assembly before its planned publication and dissemination by mid-October 2024.

Finance Executive Damaris Kavoi, who officially opened the session at the County Treasury boardroom on Tuesday, urged staff to collaborate closely to ensure a thorough and accurate document. She was accompanied by Chief Officer for Planning, Revenue and Budget Boniface Mutua and Budget Director Ann Muendo.