Revenue Allocation Bill Kenya

And for connected purposes.

Revenue allocation bill kenya. It also informs on the preparation of respective county budget documents in a manner that is timely and enables fiscal clarity and planning. Nairobi kenya oct 9 president uhuru kenyatta thursday at state house nairobi signed into law the 2020 2021 county revenue allocation bill paving the way for the disbursement of exchequer funds to the counties. Enacted by parliament of kenya as follows 1. The new law allocates a sum of sh369 87 billion in the current fiscal year to counties and includes sh316 5 billion of.

Report of the senate committee established to consider the 3rd revenue allocation formula. Statement by cra on the third revenue sharing basis. Iea 23rd webinar on cra 3rd basis for revenue sharing among counties. Allocation of revenue raised nationally among the county governments for the 2020 2021 financial year.

Elgeyo marakwet isiolo kirinyaga tharaka nithi and laikipia county budget allocations will receive the least revenue of slightly above ksh. Here are some notable allocations in the bill for different counties in billion kenya shillings. A a division of revenue bill which shall divide revenue raised by the national government among the national and county levels of government in accordance with this constitution. Short title this act may be cited as the county allocation of revenue act 2020.

The county allocation of revenue bill under article 218 1 b facilitates the allocation of revenue in kenya. The bill proposes follows. And b a county allocation of revenue bill which shall divide among the counties the revenue allocated to the county level of government on the basis determined in accordance with the resolution in force under article 217. The process of revenue sharing among county governments in kenya.

This act may be cited as the county allocation of short title. And for connected purposes. Enacted by parliament of kenya as follows 1. The new law allocates a sum of sh369 87 billion in the current fiscal year to counties and includes sh316 5 billion.

The responsibilities of national and county governments pursuant to such allocation. The enactment of the division of revenue bill is critical in setting the stage for the preparation of the county allocation of revenue bill. The responsibilities of national and county governments pursuant to such allocation. The county allocation of revenue bill divides among the counties the revenue allocated to the county level of government on the basis determined in accordance with the resolution in force under article 217 the revenue sharing formula.

Interpretation in this act. Allocation of revenue raised nationally among the county governments for the 2020 2021 financial year.