Nairobi county collects Sh1.4 billion revenue in first two months
By Maureen Kinyanjui |
This is a major improvement compared to Sh572.87 million and Sh501.03 million collected in the same months in the last financial year.
The Nairobi county has recorded a Sh372 million rise in its internal revenue for the first two months of July and August this financial year.
Data from the county's finance department shows that City Hall raised Sh1.4 billion in the period under review, reflecting a rise from Sh1.07 billion last Financial Year 2022-2023.
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For July and August 2024, Sh785.6 million and Sh657.3 million were collected, respectively.
This is a major improvement compared to Sh572.87 million and Sh501.03 million collected in the same months in the last financial year.
All the internal revenue streams increased except for parking and food handlers which dropped in the period under review.
In July and August last year, Governor Johnson Sakaja's administration collected Sh 143.74 million from land rates, parking fees (Sh288.56 million), single business permits (Sh117 million), building permits (Sh176.65 million) and Sh52.74 million was collected from billboards and advertisements.
From fire inspection certificates City Hall managed to collect Sh12.69 million, food handlers certificates (Sh15.75 million), markets (Sh30.1 million) and other income Sh162.66 million.
In July and August this year, Sh154.65 million was collected from land rates, parking (Sh281.54 million), Unified Business Permit (Sh183.61 million), building permits (Sh337.301 million) and Sh84.48 million was collected from billboards and advertisements.
Sh14.523 million was collected from fire inspection in the last two months, food handlers (Sh14.523 million), markets (Sh31.067 million), liquor boards (Sh48.725 million), hospitals (Sh139.657 million), Nairobi Funeral Home (Sh4.763 million and Sh 82.082 million was collected from other income.
Nairobi Governor Johnson Sakaja chairing the 31st Cabinet meeting of the Nairobi City County Government at City Hall, Nairobi, on August 20, 2024. (County Government)
In the last financial year that ended on June 30, 2024, Nairobi County marked a milestone as its own source revenue hit Sh12. 8 billion.
However, it was against a target of Sh20.06 billion, which was part of the Sh40.7 billion county budget.
According to data from City Hall, Sh12.8 billion is the highest achieved by City Hall since devolution.
In the current FY 2024-2025, the county has a budget of Sh43.56.
Governor Sakaja's administration aims to collect Sh21.06 billion in its own source revenue this year.
As a result, last month in August, City Hall announced new revenue collection accounts.
It moved its revenue collection bank accounts from the Kenya Revenue Authority to its own.
"This is to notify all our esteemed residents that from August 1, 2024, the County will fully transition from the previous KRA denoted revenue collection bank accounts: Cooperative Bank Account number 01141709410000 and Equity Bank Account number 1770279910476 to the below bank accounts, "the notice read in part.
The new bank accounts are; Account Name: Nairobi City County Revenue Collection Account, Account Number: 01141232396600, Account Bank Name: Co-operative Bank; and Branch Name: City Hall.
The second bank account is Account Name: Nairobi City County Revenue Collection Account, Account Number: 1600284509139, Bank Name: Equity Bank (Kenya) Ltd and Branch Name: Kenyatta Avenue Supreme Centre."
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