ABSTRACT
This research work was to examine the effect of budget and budgetary control in Local Government System. The study made use of Uyo Local Government Council as its case study. The main aim of this work was to find out the challenges militating against the sound implementing processes in Uyo Local Government Council in terms of budgeted revenue and actual revenue for the period 2010 – 2019. The descriptive survey design was employed as the design of the study data were collected through text books, journals, Internet and also derived from collecting questionnaire and use of financial report and actual revenue as variables. The data obtained are presented in a tabular form, Pearson’s Product Moment Correlation Coefficient technique was used in testing the hypothesis, which was concluded that there are major challenges militating against the sound budget implementation process in Uyo Local Government Council in terms of budget revenue and actual revenue for the period of 2010 – 2019. This was confirmed from the result of the testing hypothesis as the alternative hypothesis (H1) was retained. It was recommended that government should make sure that their resolutions are made available to the government bodies to allow them performed the activities approved in the budget.
TABLE OF CONTENTS
Title page – – – – – – – – i
Fly leaf – – – – – – – –
Declaration – – – – – – – – ii
Certification – – – – – – – – iii
Dedication – – – – – – – – iv
Acknowledgements – – – – – – – v
Abstract – – – – – – – – vi
List of tables- – – – – – – – – xi
CHAPTER ONE: INTRODUCTION – – – – 1
- Background of the Study – – – – – 1
- Statement of the Problem – – – – – 3
- Objectives of the Study – – – – – 4
- Research Questions – – – – – – 4
- Research Hypothesis – – – – – – 5
- Significance of the Study – – – – – 5
- Scope and Limitations of the Study – – – – 6
- Organization of the Study – – – – – 7
- Operational Definition of Terms – – – – 8
CHAPTER TWO: REVIEW OF RELATED LITERATURE – 10
- Conceptual Review – – – – – – 10
- Concept of Budget and Budgetary control – – – 10
- Objectives of Budgetary – – – – – 11
- Types of Budget – – – – – – 12
- Challenges of Budgeting and Budgeting Control – – 18
- Benefits/Importance of Budgeting and Budgetary Control – 21
- Condition for Effective Budgetary Programme – – 22
- Efficiency of Budget and Budgetary control – – – 24
- Causes of failure in Budget – – – – – 25
- Tools for Effective Budgeting – – – – 26
- Budget Committee – – – – – – 26
- Budget Officer or Director – – – – – 27
- The Budgetary Control Process – – – – 27
- Theoretical Review – – – – – – 30
- Empirical Review – – – – – – 33
- Summary of Related Literature – – – – 35
- Research Gap – – – – – – – 36
CHAPTER THREE: RESEARCH METHODOLOGY – – 37
- Research Design – – – – – – 37
- Area of the Study – – – – – – 37
- Population of the Study – – – – – 37
- Samples and Sampling Techniques – – – – 37
- Sources and Nature of Data – – – – – 38
- Method of Data Collection/Instrumentation – – – 39
- Method of Data Analysis – – – – – 39
- Theoretical Specification of Model – – – – 39
- Empirical Specification of Model – – – – 40
- Ethical Issues – – – – – – – 40
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND
DISCUSSION OF FINDINGS – – – – – 42
- Presentation of Data – – – – – – 42
- Analysis of Data – – – – – – 43
- Analysis of Research Questions – – – – 44
- Test of Hypothesis (es) – – – – – 50
- Discussion of Findings – – – – – 55
- Analysis of Data – – – – – – 43
CHAPTER FIVE: SUMMARY, CONCLUSION AND
RECOMMENDATION – – – – – – – 56
- Summary – – – – – – – 56
- Conclusion – – – – – – – 57
- Recommendations – – – – – – 57
- Implication of Findings – – – – – 58
- Contribution to Knowledge – – – – – 59
- Suggestions of further study – – – – – 59
References
Appendixes
LIST OF TABLES
Table Pages
Table 1: Budget Review – – – – – 43
Table 2: Response to Research Question one – – – 44
Table 3: Response to Research Question two – – – 45
Table 4: Response to Research Question three – – – 47
Table 5: Response to Research Question four – – – 48
Table 6: Response to Research Question five – – – 49
Table 7: Computing Values – – – – – 43
Table 8: Computing of Pearson’s Product Moment
Correlation Co – Efficient – – – – 45
LIST OF APPENDICES
Questionnaire Cover Letter – – – – – –
Questionnaire Appendix A – – – – – –
Questionnaire Appendix B – – – – – –
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Any organization that is given the responsibility of ensuring human welfare, development and creation of wealth for the citizens, protection of life and property and promotion of societal good through coordinated and cooperative efforts requires a sound financial management in order to achieve its target goals and objectives. One of such organization is Local government which does not require capital but it also needs knowledgeable and skilled personnel to manage efficiently the money which is always in supplicant to meet needs (Ojofeitimi, 2010). P. 69.
           In recent time, lack of funds has often been the major problem which had hindered effective and successful execution and completion of many public projects at the local government level. However, experience has shown the contrary that poor financial management rather that poor inadequate finance is the bane of Local’s inability to achieve substantial development in their domain.
           Traditionally, considerable importance is attached to what can be the money factor in the functioning of organizations in both public and private sectors. One important issue of concern is usually the management of available financial resources. Generally speaking, a number of various approaches for efficient finance management are available. However, the approach to be adapted must take into account the peculiar nature of the project, its environment, purpose and the public it is meant to serve (Nwankwo, 2004).
