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Finance

The broad objectives of the Finance department are to:

  1. Raise reasonable revenue and proper management of finances to enable efficient delivery of services to the public.
  2. Construct a store for safe custody of government property.

The specific objectives are to:

  1. Increase political and community awareness about the need to pay taxes through mobilisation and sensitisation.
  2. Improve revenue collection through increasing efficiency and reduced administrative and operational costs.           
  3. Strengthen the revenue generation of other sources such as market dues, licenses and permits. 
  4. Improve on accounting skills and techniques of staff in finance and other departments and sub-counties through training to ensure financial discipline and proper accountability of public funds.
  5. Enable District Council strengthen the Audit department in the District to ensure proper accountability and considerably reduce the level of financial embezzlement and misappropriation of funds at all levels through regular inspection.
  6. Encourage investments in order to create employment and hence widen the tax base.
  7. Improve storage of government property entrusted to the Finance Department

Budgetary Allocations to Departments

Table: Budgetary allocations by departments for FY 2014/15

Sector / Department

Budget Allocation

Proportion to Total District Budget

Administration

2,615,859,000

8.2%

Finance

1,765,782,000

5.6%

Statutory Bodies

1,183,763,000

3.7%

Production

835,526,000

2.6%

Health

4,616,941,000

14.6%

Education

15,011,777,000

47.3%

Works and Technical Services

3,094,930,000

9.8%

water

616,233,000

1.9%

Natural Resources

241,362,000

0.8%

Community Based Services

615,755,000

1.9%

Planning

967,975,000

3.1%

Internal Audit

144,760,000

0.5%

Transfers to LLG

1,620,595,609

5.1%

GRAND TOTAL

31,710,663,000

100

Source: District Budget for FY 2014/15:     

Revenue sources by Amount

Revenue sources for three financial years

The major sources of revenue to finance the District Budget include Central Government transfers (unconditional and conditional grants), locally raised revenues, and support from development partners (both direct and off-budget). The following summarises the revenues by source.

Table: The District Revenue by Source for FY 2012/13, 2013/14 and 2014/15

Source

Amount in Financial Year (UGX):

2012/13

2013/14

2014/15

Central Government Grants

20,037,743,897

21,099,115,406

24,578,399,000

Locally Raised Revenue

251,858,323

289,206,221

788,117,000

Development Partners / Donors

336,991,845

565,179,380

707,802,000

TOTAL

20,626,594,065

21,953,501,007

26,074,318,000

Source: Finance Department – Buikwe DLG

There are many development partners working in Buikwe District. Their contribution to the district in terms of service provision is enormous. However, little efforts have been made to involve them in the planning and budgeting processes of the district. Furthermore, due to capacity constraints, little effort has been made to integrate the support these partners are providing into the district budgets and plans.

Sectoral expenditure

Table: Estimated and Actual Expenditure for FY 2013/14

Sector / Department

Estimated

Expenditure

% to Total Expenditure

Administration

1,273,284,000

1,273,284,279

5.8%

Finance

294,222,400

281,305,545

1.3%

Statutory Bodies

574,873,000

541,962,494

2.5%

Production

1,714,920,000

1,714,920,975

7.8%

Health

3,488,407,000

3,488,407,761

15.9%

Education and sports

11,966,271,140

11,772,283,084

53.5%

Works

1,239,318,000

1,239,318,340

5.6%

water

584,371,000

584,371,834

2.7%

Natural Resources

125,575,150

119,756,914

0.5%

Community Based Services

445,956,800

445,536,430

2.0%

Planning

483,578,000

483,578,717

2.2%

Internal Audit

51,062,000

48,182,575

0.2%

GRAND TOTAL

22,241,838,490

21,992,908,948

100.0%