Wednesday, October 21, 2020
You are here
Home > Latest News > 102.1 FUFA fm > 96th FUFA Ordinary Assembly endorses 2020-21 Financial year budget

96th FUFA Ordinary Assembly endorses 2020-21 Financial year budget

The budget was unanimously passed by the 96th FUFA Ordinary General Assembly held at Silver Springs Hotel in Bugolobi, Kampala.

Federation of Uganda Football Associations (FUFA) has passed an estimated budget of UGX 36,095,753,881 for the financial year 2021.

The aforementioned budget is an increment by UGX 3.646,443,239 Billion shillings from the previous financial year.

According to the FUFA Finance Director Julian Namuganga, funds will come from the following sources;

FUFA Finance Director Julian Namuganga

·         FIFA Operational Grant –     6,577,800,000

·         FIFA Projects Grant –      2,692,680,000

·         FIFA Solidarity Grant – 1,140,000,000

·         CAF Grant – 4,180,000,000

·         Government- 11,917,940,881

·         Sponsorships – 8,171,000,000

·         Others    – 1,416,333,000

Namuganga explained that the FIFA Operational Grant is unchanged from the prior period while the Project funding includes grants for COVID-19 Relief.

She further asserted that CAF Grant will include expected CHAN and AFCON TV Rights while Government funding will go to the Senior Men’s Football Team (Uganda Cranes) and the FUFA Drum.

Expenditure Estimates

The passed budget will cater for all FUFA expenses and this have been categorised into three areas namely;

Sport – 71%

Business-  23%

Governance – 6%

This will trickle down to the 10 key focus areas of FUFA that include

Administration – 4, 861,160,000

Communications – 1,362,266,250

Competitions – 2,874,925,000

Football Development – 4,118,500,000

Governance – 1,355,280,000

Infrastructure – 2,910,130,000

Marketing – 2,049,000,000

Membership – 1,650,000,000

National Teams – 13,496,117,461

Office of the FUFA President – 633,200,000

Harunah Mawanda moved the motion to pass the financial report.

Uganda Beach Soccer Association (UBSA) Delegate Deo Mutabazi and Patrick Lugemwa from the Futsal Association Uganda (FAU) seconded the motion.

Meanwhile, the assembly also agreed to grant the auditors, KAL Associates yet another year.

Top