MANDATE
Article 103 of the Public Finance Management Act No 18 of 2012, provides for the
establishment of the County Treasury comprising the County Executive
Committee member responsible for Finance, the Chief Officer and departments of
the County Government responsible for finance and fiscal matters. Article 104
further provides that the County Treasury shall monitor, evaluate and oversee the
management of public finances and economic affairs of the County Government
including:
- Developing and implementing financial and economic policies in the County;
- Preparing the annual budget for the County and coordinating the preparation
of estimates of revenue and expenditure of the County Government;
- Coordinating the implementation of the budget of the County Government;
- Mobilizing resources for funding the budgetary requirements of the County
Government and putting in place mechanisms to raise revenue and resources;
- Managing the County Government ‘s public debt and other obligations an~
developing a framework of debt control for the County;
- Consolidating the annual appropriation accounts and other financial statements
of the County Government in a format determined by the Accounting Standards Board;
- Acting as custodian of the inventory of the County Government ‘s assets except
where provided otherwise by other legislation or the Constitution;
- Ensuring compliance with accounting standards prescribed and published by
the Accounting Standards Board;
- Ensuring proper management and control of, and accounting for the finances
of the County Government and its entities in order to promote efficient and
effective use of the County’s budgetary resources;
- Maintaining proper accounts and other records in respect of the County
Revenue Fund, the County Emergencies Fund and other public funds
administered by the County Government;
- Monitoring the County Government’s entities to ensure compliance with PFM
Act and effective management of their funds, efficiency and transparency and,
in particular, proper accountability for the expenditure of those funds;
- Assisting the County Government in developing capacity for efficient, effective
and transparent financial management;
- Providing the National Treasury with information, which it may require to
carry out its responsibilities under the Constitution and this Act;
- Issuing circulars with respect to financial matters relating to County
Government entities;
- Advising the County Government entities, the County Executive Committee
and the County assembly on financial matters; strengthening financial and fiscal relations between the national Government and County Government.
The committee has produced the following reports:
COMMITTEE MEMBERS
1. | Hon. Susan Wairimu Nyaga | Chairperson |
2. | Hon. Newton Kariuki | V/Chairperson |
3. | Hon. Johnson Muchangi | Member |
4. | Hon. Jimiah Jennifer | Member |
5. | Hon. Yvonne Karambu Mati | Member |
6. | Hon. Fredrick Gatumu | Member |
7. | Hon. Njama Barnabas | Member |
Second Assembly committee produced the following reports:
- Report of the Sectoral Committee on Finance & Economic Planning on vetting of the Nominee for the position of the Chairperson Embu County Revenue Authority
- Report of the Committee on Finance & Economic Planning on the County Government of Embu Quarterly Financial Report for the 3rd quarter of the FY 2017-2018
COMMITTEE MEMBERS
1. | Hon. Morris Muchiri Nyaga | Chairperson |
2. | Hon. Murithi Kiura Njagi | V/Chairperson |
3. | Hon. Peter Muriithi Nyaga | Member |
4. | Hon. Agnes Wanjiru Gakungugu | V/Chairperson |
5. | Hon. Nathan Kariuki Mwari | Member |
6. | Hon. Sicily Ruguru Njiru | Member |
7. | Hon. Salesio Njeru Kimaru | Member |