Counties revenue Stories
Governor Susan Kihika’s Nakuru County is owed over Sh7.9 billion in revenue arrears, significantly affecting its ability to meet its own-source revenu...
The increase follows the rollout of the Facilities Improvement Fund, established after the enactment of the Facilities Improvement Financing Act, 2023...
With the Senate set to resume its sittings on February 11, 2025, the fate of the proposed revenue-sharing formula remains uncertain.
Nakuru now boasts a nominal Gross County Product (GCP) of Sh785.75 billion as of 2023, compared to Sh760.8 billion of Kiambu.
In the same rankings, Nairobi County, the country’s economic hub, posted the fifth-highest growth at 6.1 per cent, largely supported by an expanding f...
The law mandates counties to allocate at least 30 per cent of their budgets to development expenditures.
Ten counties, including Nairobi, Kisii, and Uasin Gishu, did not report any development expenditure during the period under review.
The disagreement centres around a Sh16 billion gap between the National Assembly and the Senate.
Mbadi has warned that the Exchequer will complete the transfer of this backstop threshold amounting to Sh192.5 billion by the end of December.
On Wednesday, the Senate Finance and Budget Committee convened and overwhelmingly voted to reject the National Assembly's amendments.
Nairobi County received the highest allocation, totaling Sh173 billion, benefiting its population of 4,397,073.
The National Assembly has suggested reducing counties' equitable share from Sh400 billion to Sh380 billion.
This mediation committee now awaits the appointment of an equal number of Senators who will join them in negotiations.
Mbadi insisted that the current administration under President William Ruto cannot meet the Sh400 billion demand from the 47 governors.
The National Assembly voted to allocate counties Sh380 billion but senators rejected this proposal.
