1. ASSOCIATION OF FINNISH 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-OPERTION STEERING 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