Finance
The annual Budget Performance half of the FY 2010/11 (July-March) 2011 was at 80% and gives a total realization of 6.9 billion as at 31st March, 2011 of which 70million (51%) was from Local Revenue, 6.6 billion (81%) from Central Government transfers, and 289 million (62%) from Donor funds.
The funds received by the district include funds that have been disbursed to LLGs 102.4 million went through the normal release. Other funds were being received though direct transfers to affected, which include Administration, Finance, Statutory Bodies, Production, Health, Education, Roads and Engineering, Natural Resources, Community Based Services, Planning and Audit sectors See details in the tables below. As finance Department, we have been able to keep the office of the Head of Finance and the entire Finance Department sufficiently facilitated so as to full fill the department key function of Financial Management of the District Funds. We have prepared and submitted the Final Accounts for 2009/2010 to AG in the required time. The draft annual budget for 2010/2011 is also prepared, to be laid before council and approved within the prescribed time. A Revenue Enhancement Plan is also in place. The District provided support supervision to LLGs in the areas of Financial Management and accountability. We have ensured payment of staff salaries well on time and furnishing of salary returns accordingly.
Planned Revenues for FY 2011/12
The estimated budget for the forthcoming FY 2011/12 is about 10.2 billion. The District is expecting to get 8.0 billion for recurrent and 1.2 billion for development. The district is planning to strengthen the finance Department by recruiting critical staff to replace staff that transferred to newly created district of Kyankwanzi from Kiboga, equiping it with more computers. We also wish to improve our LRR collections even the more by exploring all the revenue sources and strictly monitoring the process of revenue collection to ensure compliance. We have plans of improving the infrastructure in many of the revenue Centre (Markets).
Planned Expenditures for 2011/12
Planned Expenditures for 2011/2012, justifying any changes to resource allocation to work plan from the FY 2010/2011 is the total budget, which is expected to increase from Shs.8.16billion in 2010/11 to Shs.9.04 billion in 2011/12 pending approval the annual District Budget FY 2011/12 in August.
The biggest spending sector is expected to be Health taking Shs. 2.25 billion followed by the Education sector will spend Shs. 2.13 billion and production (NAADS) will spend development grant of Shs. 1.2 billion . It should be noted that Development of NAADS fund includes staff salaries, who are on contract basis. Planned expenditure in administration sector Shs. 1.84 billion is justified by the planned traditional staff salary and transfers to Kiboga Town Council, whereas for Planning Shs. 225 million include Local Development Grand for LLGs transfers.
Challenges
- 1. Poor Local Revenue collection in the Sub-Counties.
- 2. Poor and delayed accountabilities for funds by officers
- 3. Late and poor release of funds by the centre to the Local Government.
- 4. Poor communication and transparency by the Sub-Counties. This is in regards to submission of Revenue returns and accountabilities for LGDP a
