In a move aimed at driving development, the Rubanda District Council has approved the budget estimates for the 2024/25 financial year, totaling 42,063,283,566 UGX (forty-two billion sixty-three million two hundred eighty-three thousand five hundred sixty-six shillings).
The budget was presented today by the District Finance Secretary Vincent Turihabwe on behalf of District Chairperson Stephen Ampeire Kasyaba and was unanimously approved during a special council sitting at the District Council Hall.
Chairperson Stephen Kasyaba, in an interview, highlighted the key priorities of the new budget, focusing on the improvement and development of infrastructure, including roads, agricultural programs, education, healthcare, water and sanitation projects, and community empowerment initiatives. Kasyaba emphasized that these investments are crucial for transforming Rubanda District towards middle-income status.
Kasyaba also noted an increment of 1 billion UGX (one billion shillings) in the budget compared to the previous financial year, attributing this to the efforts of State Minister of Finance in charge of Genral duties who also doubles as the Rubanda County East MP Hon. Henry Musasizi. He praised Musasizi’s dedication to enhancing the district’s budget annually.
Additionally, Kasyaba stated that the budget includes significant allocations for the tourism sector, with plans to develop a Rubanda District tourism website aimed at boosting tourism and increasing revenue through revenue-sharing schemes.
Kasyaba urged the Natural Resources Officer for Rubanda to address the issue of the quantity of mineral deposits being extracted from the district, specifically iron ore and wolfram, to ensure the district receives appropriate royalties.
The budget’s funding sources are primarily central government transfers. Other sources include local revenue projected at 691,611,000 UGX (six hundred ninety-one million six hundred eleven thousand shillings), the Discretionary Grant at 25,067,872,000 UGX (twenty-five billion sixty-seven million eight hundred seventy-two thousand shillings), the Conditional Grant at 12,687,291,000 UGX (twelve billion six hundred eighty-seven million two hundred ninety-one thousand shillings), other government transfers at 2,467,004,566 UGX (two billion four hundred sixty-seven million four thousand five hundred sixty-six shillings), and external financing at 1,149,334,000 UGX (one billion one hundred forty-nine million three hundred thirty-four thousand shillings).
On the expenditure side, wages will consume 23,948,583,000 UGX (twenty-three billion nine hundred forty-eight million five hundred eighty-three thousand shillings), non-wage expenditures will account for 10,198,963,000 UGX (ten billion one hundred ninety-eight million nine hundred sixty-three thousand shillings), and development expenditure will total 7,249,506,000 UGX (seven billion two hundred forty-nine million five hundred six thousand shillings).
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