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BASIC COURSE 17-18 MARCH 2009

ASSOCIATION OF FINNISH LOCAL AND REGIONAL AUTHORITIES (AFLRA) NORTH-SOUTH LOCAL GOVERNMENT CO-OPERATION PROGRAMME. BASIC COURSE 17-18 MARCH 2009. Financial Administration. Henry M. Waweru Town Treasurer Municipal Council of Nyahururu. GENERAL MANAGEMENT OF THE COUNCIL FINANCES.

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BASIC COURSE 17-18 MARCH 2009

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  1. ASSOCIATION OFFINNISH LOCAL AND REGIONAL AUTHORITIES (AFLRA)NORTH-SOUTH LOCAL GOVERNMENT CO-OPERATION PROGRAMME BASIC COURSE 17-18 MARCH 2009

  2. Financial Administration Henry M. Waweru Town Treasurer Municipal Council of Nyahururu

  3. GENERAL MANAGEMENT OF THE COUNCIL FINANCES • SOURCES OF THE COUNCIL REVENUE: - Local revenue - Revenue from central government Expenditure • Council officers prepare the budget • Councilors deliberates and approves with or without amendments • Minister for Local Government approves the budget • Implementation of the approved budget by the council officers

  4. MANAGEMENT OF THE NORTH SOUTH CO-OPERTIONSTEERING COMMITTEE • Proposal writing which is jointly done by North and Southern Partners • Budget is based on activities to be undertaken • Submission of the budget to AFLRA • Approval of final budget by AFLRA • Adjustments done as per the approved budget • Disbursement of funds done

  5. MANAGEMENT AT THE COORDINATION COMMITTEE LEVEL • Approval of the mini budget from the components • Procurement of good and services where Government Of Kenya procurement laws are strictly adhered to. • Commission activities

  6. COMPONENT COMMITTEE LEVEL • Work plan prepared • Mini budgets based on the work plans prepared as per activities and approved budget • Submission of mini-budgets to overall local coordinating committee for approval • Assigning of duties: role of councilor, officers and the stakeholders

  7. PROJECT LEVEL • Stakeholders appointed members of the committee for various components • Stakeholders supervise activities on the ground • Consultation with the stakeholders • Report on work done to component committee

  8. coordinator ROLE OF THE COORDINATOR • Participates in all the components budget planning sessions • Channels request for funding to the Town Treasurer for funding as per the components mini budgets • Coordinates release and use of funds between the Town Treasurer and the components

  9. ACCOUNTING AND REPORTING • The Southern partners prepares the Financial report. • The report is then forwarded to the external Auditors for audit • It is then forwarded to the Northern partners for inclusion in the year report

  10. RECONCILIATION BETWEEN FINLAND AND KENYAN PARTNERS • Kenya accounting year runs from 1st July to 30th June • Finnish partner accounting year runs from 1st January to 31st December

  11. CHALLENGES • Finnish and Kenyan financial years are different • Timing of disbursement • Economic factors affecting initial budget proposals • Exchange rate variations

  12. LESSONS LEARNT /RECOMMENDATIONS • Appreciation of public-private partnership • Timely preparation of financial reports and schedules

  13. THANKYOU

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