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Finance

Diaspora public participation engagement

Over 300 Makueni residents living in Mombasa on Tuesday engaged in public participation forum for the 2023/24 Financial Year budget estimates at Jambo restaurant in Mombasa.
Water projects,Healthcare and roads infrastructure topped in the list of the needs they want the county government to undertake in the next FY.
Speaking while addressing the forum,Deputy Governor H.E Lucy Mulili promised that Governor Mutula’s administration is keen on delivering on key projects that benefit the local mwananchi.
Mulili also warned that their government will not tolerate lazy contractors who do shoddy jobs at the expense of public money.
The public participation model allows local people in the county decide which development projects to embark on and then manage them once they are commissioned.
The DG was flanked by devolution CEC,Japheth Mang’oka, Education and ICT CEC,Elizabeth Muli, Water and Sanitation CEC Eng. Kasyoki Kieti,several chief officers and members of County Budget and Economic Forum.
 
 

Hundreds of Makueni residents residing in Nairobi and its environs turn up for the 2023-2024 Diaspora Budget Public Participation forum at Abardeer Hall, KICC building, Nairobi.

Governor Mutula Kilonzo Jr, the Makueni’s team leader is joined by other leaders: Senator Dan Maanzo, Speaker Doughlas Mbilu, Kyalo Mumo (Assembly Majority leader), Sylvia Mueni Kasanga (former nominated senator), several MCAs, national government officials, top managers of various NGOs, among others.

Governor Mutula Kilonzo Jr attended ward-level County Budget Public Participation for the FY 2023/24 at Kalawani social hall, Tulimani ward, Mbooni.

Governor Mutula Kilonzo Jr attended ward-level County Budget Public Participation for the FY 2023/24 at Kalawani social hall, Tulimani ward, Mbooni, where he emphasized the need for public input for a better decision process.
The governor challenged residents to also look at national government projects that are a priority to them.
“Look at various life-changing projects from water, roads among others so that after 4 years I can have an interview by the people based on the performance,” he said
Later he condoled with the family of the late Dorcus Kyande, 96, mother to Stephen Kivindu Kyande, former Kenya Revenue Authority (KRA), commissioner, domestic tax, at her Wambuli home, within Tulimani ward.
Dorcus was eulogized as a dedicated farmer, clothed with strength and dignity till her demise.
The burial was also attended by various leaders among them Wiper party leader Stephen Kalonzo Musyoka.

The Makueni County Budget Public participation for the FY 2023/24 kicked off on Thursday 30/3/2023, Launched by the County Executive Committee Member for Finance and Socio-Economic Planning Mrs. Damaris Kavoi.

Accompanied by the Sub-County Administrator Mark Muthoka and other county staff, the ECM launched the engagement process at Wote Social Hall where the Wote Sub-Ward citizens were holding their public participation. This process will identify the county development priorities for the FY 2023/24.
This year’s budget is being considered as a foundational yet transformative budget for the government since it prioritizes transformative and impactful projects, it will be evidence based, the public participation is for the entire county government budget and not only the allocation for the wards, and the projects and programmes prioritized cuts across several wards and departments.
Public participation has taken place in all the 60 sub-wards and will also take place at the ward level on 5th April, 2023.

Makueni goes Cashless in Revenue Collection with Damaris Kavoi-ECM Finance

Officials drawn from the Department of Finance, Planning, Budget & Revenue led by County Executive Committee Member (CECM), Finance, Damaris Kavoi on Friday carried out a day-long exercise sensitizing Wote business community on the move to digitizing the Revenue Collection exercise across the county.
The exercise aims at easing the operations which include; the time taken to process business permits, and cashless parking fee payment methods, among others.
She also pointed out that the government is committed to ensuring the smooth running of activities through modern digitization.
 

FY 2023/2024 Budget Public Participation

The Department of Finance and Socio-Economic Planning in conjunction with the Department of Devolution, public participation, county administration and special programmes has initiated the participatory budgeting process for FY 2023/24.
The FY 2023/24 budget will be guided by the development philosophy of “Wauni wa Kwika Nesa na Ulungalu” and will be geared towards the following:
1. Enhancing universal water access in the County;
2. Increasing sustainable agriculture production, value addition and market access for targeted value chains;
3. Improving urban and rural infrastructural development socio-economic transformation;
4. Increasing industrialization and enterprise development by creating a conducive environment for investment and employment creation, and;
5. Sustaining and enhancing access to quality and affordable health services.
Public engagement fora at sub-wards are scheduled for 30th-31st March and 5th April 2023 for the ward level.

2023 Makueni County Debt Management Strategy Paper

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2023 Makueni County Debt Management Strategy Paper

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The 2023 Medium Term Debt Strategy Paper is prepared in accordance with Section 123 of the Public Finance Management Act, 2012. It is the first to implement the third generation CIDP 2023-2027 and is prepared annually on a three year rolling basis covering a period of three years 2023/24 – 2025/26. 

 

The debt strategy paper guides on debt management practices of the county government which includes the issuance process, management of the debt portfolio, and adherence to various laws and regulations governing debt contracting and management.  It guides the county on the amount, type of borrowing to undertake over the medium term and evaluates the costs and risks of various scenarios and recommends an optimal strategy for implementation. The strategy ensures fiscal prudence in management of county resources to ensure debt is sustainable and is met at the lowest possible cost and with a prudent degree of risk while ensuring that the overall level of public debt is sustainable.

 

In the medium term, the county will enhance the resource mobilization strategies both internally and externally to fund the development programmes and priorities envisaged in CIDP III. To fund the government priorities in the medium term, the county will seek strategic partnerships to meet the fiscal gap in the implementation of the CIDP and strategic intervention. Key strategy is mobilizing additional resources above the national government transfers and the county own revenue mobilization. Additionally, the government will continuously manage its cash flow through short term lending from commercial banks to offset delays in equitable share disbursements and own source revenue mobilization.

 

The Medium-Term Debt Management Strategy is consistent with the broad strategic priorities and policy goals set out in the County Fiscal Strategy Paper (CFSP), 2023. The strategies are set on the background of recovery from post COVID-19 pandemic and in the advent of new county administration.