Revenue Formula In Kenya
How mt kenya region lost mp ndindi nyoro using the national per capita allocation the region ought to have received sh84 billion meaning it received sh10 billion less.
Revenue formula in kenya. Es i revenue allocated to a county on the basis of equal share factor. Going by the cra parameters it means that counties with high poverty levels and small populations will lose out on the equitable horizontal share compared to those with high populations. Fe i revenue allocated to a given county on the basis of fiscal effort. By then it was becoming obvious that revenue sharing was a consequential matter and generally populated counties in central and western kenya had been disadvantaged by the first formula.
The formula determines how the counties will share money allocated to them for five financial years until. According to the formula proposed by the senate finance and budget committee an improvement of the one proposed by the commission on revenue allocation 18 counties are set. Under the proposed formula 29 counties are gaining while 18 are losing out in a radical shift from the first and second revenue sharing basis. How mt kenya region lost mp ndindi nyoro.
La i revenue allocated to a county on the basis of land area factor. In the formula approved on thursday no county will lose revenue. Nairobi kenya jul 29 senators will resume debate on the proposed amendment on the third basis formula for sharing revenue among counties on august 4 following an adjournment on tuesday night in compliance with the dusk to dawn curfew. This is shared equally among the 47 counties.
Nairobi nakuru kiambu and turkana will get the lion s share of the billions set to be allocated to the counties. Nairobi nakuru kiambu and turkana will get the lion s share of sh370 billion.