Kabale District council approves 12% increment in the 2024/25 F/Y from the Current.

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KABALE: Kabale District council has approved the 2024/25 Financial Year budget of 49,153,823,000 Ugx (Forty billion one hundred fifty-three million eight hundred twenty-three thousand shillings.

The motion to table the budget estimates was moved by the District Chairperson, Nelson Nshangabasheija before it was unanimously approved by the council

Nshangabasheija noted that budget estimates reflect the district’s commitment and determination in prioritizing core programs that are crucial in transforming the District towards the Middle-Income status.

He added that the 2024/25 budget estimates reflect an increase of 12% amounting to 5,217,775,000 Ugx (Five billion two hundred and seventeen million seven hundred and seven five thousand shillings from 43,937,050,000 Ugx (Forty three billion nine hundred thirty seven million fifty thousand shillings only) in the current Fiscal Year.

Nshangabasheija attributed the budget increment to conditional non-wage grant enhancement to cater for pension, gratuity/pension arrears and salary arrears, as well as transitional development ad hoc to cater for the construction of a Multi-purpose block at Ndorwa Secondary school, construction of administration block for Kitumba Sub County and construction works at Butanda Secondary school.

According to the budget estimates, the biggest source of funding for the next financial year budget is, central Government transfers at a tune of 47,789,323,000 Ugx (Forty-Seven billion, seven hundred and twenty-three million three hundred and twenty-three thousand shillings, equivalent to 97.2 %.

The other funding sources are local revenue, which is projected at 737,560,000 Ugx (Seven hundred and thirty-seven million five hundred and sixty thousand shillings, while donor funding is projected to be 627,940,000 Ugx (Six hundred twenty-seven million, nine hundred and forty thousand shillings only).

According to the budget estimates, human capital development takes the lion’s share at 29,127,270,000 Ugx followed by private sector transformation at 11,487,998,000 Ugx others sectors include integrated transport infrastructure and services with 2,581,998,000 Ugx, Agro-industrialization with 2,008,677,000 Ugx Governance and Security with 1,568,179,000 Ugx and Natural Resources, Environment, Climate Change, Lands and Water with 1,432,378,000 Ugx among others.

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