Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses

Public entities around the world possess an enormous volume of assets and wealth, which includes land, buildings, historic sites, parks, and infrastructure networks, among many others. Good management of such assets is a catalyst for accelerating development and expanding services; poor asset manage...

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Main Authors:	Kopanyi, Mihaly, Muwonge, Abdu
Format:	Book
Language:	en_US
Published:	Washington, DC : World Bank 2022
Subjects:	ASSET MANAGEMENT COUNTY CONTEXT TRANSITION DEVOLUTION LEGAL AND REGULATORY FRAMEWORK PUBLIC FINANCIAL MANAGEMENT DISPUTED ASSETS LIABILITIES
Online Access:	http://hdl.handle.net/10986/37985

id	okr-10986-37985
recordtype	oai_dc
spelling	okr-10986-379852022-09-12T11:55:59Z Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses Kopanyi, Mihaly Muwonge, Abdu ASSET MANAGEMENT COUNTY CONTEXT TRANSITION DEVOLUTION LEGAL AND REGULATORY FRAMEWORK PUBLIC FINANCIAL MANAGEMENT DISPUTED ASSETS LIABILITIES Public entities around the world possess an enormous volume of assets and wealth, which includes land, buildings, historic sites, parks, and infrastructure networks, among many others. Good management of such assets is a catalyst for accelerating development and expanding services; poor asset management generates enormous losses, including lost opportunities to build wealth. Private enterprises increasingly use computerized systems to manage assets such as fleets and buildings. Many city leaders in developing countries, however, are unaware of asset management or feel they lack the time or money to undertake it. Managing County Assets and Liabilities in Kenya: Postdevolution Challenges and Responses can help them begin or maintain their efforts to manage assets sustainably. This book helps readers understand the basic concept of asset management; explains systems, tools, and procedures; and provides models and guidance. Kenya has achieved much since its 2013 devolution of governance and management to new counties. However, counties, which are the local governments in Kenya, are still working toward establishing systems and procedures, creating asset and liability registers, verifying and valuing assets, using assets strategically, and resolving disputes surrounding inherited assets and liabilities. This book provides glimpses into the Kenyan devolution process and asset transfer challenges, draws lessons, and explores options relevant to both Kenya and other nations. Ample studies discuss various aspects of municipal asset management, such as managing infrastructure, fixed assets, water services, building properties, roads, or fleets. This book is unique among asset management studies in three ways: it discusses all sorts of assets and liabilities and their interlinkages, exemplifies the close connection between financial results and asset management of municipalities, and reveals the political economy challenges in transferring assets and liabilities across public entities. 2022-09-09T13:29:59Z 2022-09-09T13:29:59Z 2022 Book 978-1-4648-1880-6 http://hdl.handle.net/10986/37985 en_US International Development in Focus; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank Publications & Research Publications & Research :: Publication Africa Eastern and Southern (AFE) Africa Kenya
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	ASSET MANAGEMENT COUNTY CONTEXT TRANSITION DEVOLUTION LEGAL AND REGULATORY FRAMEWORK PUBLIC FINANCIAL MANAGEMENT DISPUTED ASSETS LIABILITIES
spellingShingle	ASSET MANAGEMENT COUNTY CONTEXT TRANSITION DEVOLUTION LEGAL AND REGULATORY FRAMEWORK PUBLIC FINANCIAL MANAGEMENT DISPUTED ASSETS LIABILITIES Kopanyi, Mihaly Muwonge, Abdu Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses
geographic_facet	Africa Eastern and Southern (AFE) Africa Kenya
relation	International Development in Focus;
description	Public entities around the world possess an enormous volume of assets and wealth, which includes land, buildings, historic sites, parks, and infrastructure networks, among many others. Good management of such assets is a catalyst for accelerating development and expanding services; poor asset management generates enormous losses, including lost opportunities to build wealth. Private enterprises increasingly use computerized systems to manage assets such as fleets and buildings. Many city leaders in developing countries, however, are unaware of asset management or feel they lack the time or money to undertake it. Managing County Assets and Liabilities in Kenya: Postdevolution Challenges and Responses can help them begin or maintain their efforts to manage assets sustainably. This book helps readers understand the basic concept of asset management; explains systems, tools, and procedures; and provides models and guidance. Kenya has achieved much since its 2013 devolution of governance and management to new counties. However, counties, which are the local governments in Kenya, are still working toward establishing systems and procedures, creating asset and liability registers, verifying and valuing assets, using assets strategically, and resolving disputes surrounding inherited assets and liabilities. This book provides glimpses into the Kenyan devolution process and asset transfer challenges, draws lessons, and explores options relevant to both Kenya and other nations. Ample studies discuss various aspects of municipal asset management, such as managing infrastructure, fixed assets, water services, building properties, roads, or fleets. This book is unique among asset management studies in three ways: it discusses all sorts of assets and liabilities and their interlinkages, exemplifies the close connection between financial results and asset management of municipalities, and reveals the political economy challenges in transferring assets and liabilities across public entities.
format	Book
author	Kopanyi, Mihaly Muwonge, Abdu
author_facet	Kopanyi, Mihaly Muwonge, Abdu
author_sort	Kopanyi, Mihaly
title	Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses
title_short	Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses
title_full	Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses
title_fullStr	Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses
title_full_unstemmed	Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses
title_sort	managing county assets and liabilities in kenya : postdevolution challenges and responses
publisher	Washington, DC : World Bank
publishDate	2022
url	http://hdl.handle.net/10986/37985
_version_	1764488256468025344

Managing County Assets and Liabilities in Kenya : Postdevolution Challenges and Responses

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