Department of Business

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https://hdl.handle.net/20.500.12311/1470

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Browsing Department of Business by Author "ENGOLE SAM"

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    BUDGET PROCESS AND FINANCIAL PERFORMANCE IN LOCAL GOVERNMENT A CASE OF BUKEDEA DISTRICT LOCAL GOVERNMENT
    (2024-08-30) ENGOLE SAM
    The study examined the effect of budget process on the financial performance in Bukedea district. It also looked at the following research objectives which include but not limited to; examining the influence of budgetary planning on the financial performance; assessing the influence of budget implementation on the financial performance and determining the influence of budget control on the financial performance of Bukedea district. The study used a cross-sectional study design with a sample size of 75 which was obtained through Morgan and Krejuice (1970). The study revealed that the budget planning process was participatory and that there is a clear linkage between work plans. However, budgetary participation was undermined by failure to reserve sufficient time for participation and dialogue between relevant stakeholders and for public hearings during the budget planning process, failure to provide councilors with well-arranged and accessible budget material that gives a clear financial overview of past financial performance and failure to make realistic and attainable budgets. The results of this study indicate that there is a significant and positive relationship between budget implementation and the financial performance in Bukedea district. This suggests that despite the weaknesses in the budget implementation processes in Bukedea district like poor accountability, budgetary implementation has a positive influence on the financial performance. This therefore implies that the financial performance improves with better budget implementation.