HIGHLIGHTS OF 2012 BUDGET FOR KWARA STATE

Sectoral breakdown is as follows:-

1. Road Development: Eleven billion, five hundred and sixty three million, one hundred and six thousand, seven hundred and twenty two Naira;
2. Water Supply: Two billion, seventy four million, five hundred thousand Naira
3. Education and Human Capital Development: Eight billion, five hundred and five million, five hundred and fifty thousand, one hundred and sixty three Naira.
4. Energy: One billion, eight hundred and thirty seven million, ninety nine thousand, one hundred and four Naira
5. Health: Three billion, eighty one million, seven hundred thousand Naira;
6. Agriculture Development: Two billion, six hundred and eight million, four hundred and twenty thousand, two hundred and ninety two Naira;
7. Sports and Youth Development: Two hundred and fifty five million Naira
8. Housing: One billion, three hundred and seventy three million, six hundred and three thousand and sixty seven Naira
9. Commerce and Cooperatives: Three hundred and eighty six million Naira Information and Communications: Four hundred and forty three million, nine hundred and eighty thousand, nine hundred and seventy three Naira.
10. Environment and Forestry: Two hundred and forty two million, five hundred thousand Naira
11. Other Sectors: Ten billion, seven hundred and twenty three million, seven hundred and forty nine thousand, seven hundred and twenty five Naira.

Total: Forty three billion, ninety five million, two hundred and ten thousand and forty six Naira

The budget proposals comprise four major components that make up the Recurrent and Capital Budget Estimates of the Kwara State Government. These components are:

1. Total Recurrent Revenue: Sixty billion, nine hundred and sixty one million, five hundred and eighty thousand, seven hundred and thirty Naira;
2. Recurrent Expenditure: Forty seven billion, nine hundred and eleven million, nine hundred and fourteen thousand, eight hundred and seventeen Naira;
3. Capital Receipts: Forty three billion, ninety five million, two hundred and ten thousand and forty six Naira
4. Capital Expenditure: Forty three billion, ninety five million, two hundred and ten thousand and forty six Naira

The detailed Recurrent expenditure profile is as shown below:-

1. Personnel Cost: Eight billion, nine hundred and seventeen million, four hundred thousand and seventeen Naira only.
2. Overhead Cost: Fourteen billion, six hundred and twenty one million, eight hundred and eighty eight thousand, eight hundred Naira;
3. Consolidated Fund Charges: Twenty four billion, three hundred and seventy two million, six hundred and twenty six thousand Naira;
4. Total Recurrent Expenditure: Forty three billion, ninety five million, two hundred and ten thousand and forty six Naira
5. Transfer to Capital Development Fund: Thirteen billion, forty nine million, six hundred and sixty five thousand, nine hundred and
   thirteen Naira. (Recurrent Surplus)

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