Browsing by Author "metrine nabustebi"

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    BUDGET CONTROL AND FINANCIAL PERFORMANCE OF MANAFWA TOWN COUNCIL, MANAFWA DISTRICT
    (Uganda Christian University, 2025-08-06) metrine nabustebi
    The purpose of this study was to establish the relationship between budgetary control and the financial performance of Manafwa Town Council. The specific objectives were to find out the relationship between planning and financial performance, to analyze the relationship between budget execution and financial performance, and to examine the relationship between budget monitoring and financial performance. A cross-sectional research design was adopted, and a sample size of 75 respondents was determined using solvene formular of 1960. Data were collected through questionnaires and interviews and analyzed using descriptive statistics, correlation, and regression analysis. The findings revealed a strong positive relationship between budgetary planning and financial performance with a Pearson correlation coefficient of 0.621 and a significance level of 0.000. Regression analysis showed that budgetary planning explained 38.6 percent of the variance in financial performance, with an R square of 0.386 and a significant F value of 219.764 at p<0.05. The study concluded that budgetary control significantly influences the financial performance of the Town Council. It was recommended that Manafwa Town Council should improve participatory planning, ensure consistent execution of budgets through proper internal controls, and strengthen budget monitoring practices through community engagement and transparency initiatives.