Abstract:
This study investigates the factors influencing the management of the Capital
Development Fund (CDF) within the Igunga District Council. The primary objectives
include assessing the guidelines governing CDF management, identifying challenges
impacting financial management, proposing measures for improvement, and
evaluating the effectiveness of current financial practices. Stratified random sampling
was employed to select a diverse sample of 57 respondents, representing various roles
within the council. Data were collected using structured questionnaires and in-depth
interviews. The findings reveal that while local and national policies provide a
framework for CDF management, gaps in accessibility and clarity hinder effective
implementation. Challenges such as bureaucratic delays, inadequate monitoring
mechanisms, political interference, and insufficient training emerged as significant
barriers. Some respondents acknowledged progress in financial management practices,
but systemic weaknesses persist, affecting accountability and efficiency. The study
concludes that addressing these issues requires enhanced dissemination of guidelines,
strengthening of monitoring and auditing mechanisms, and increased community
participation. Recommendations include the development of comprehensive CDF
management manuals, regular training sessions to build capacity, the establishment of
independent oversight bodies, and proactive engagement of local stakeholders in
decision-making processes. These measures aim to foster transparency, improve
efficiency, and ensure that CDF resources are utilized effectively to achieve their
intended developmental goals.
