Senate proposes increase of Sh3 billion to counties - News Summed Up

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Senate proposes increase of Sh3 billion to counties


[Photo: Courtesy]Counties may get an additional Sh3 billion if a Bill to amending the Division of Revenue Act 2018 is passed in the Senate. The Bill provides for the addition of three key donor-funded projects that will be allocated to counties. Once signed into law, the division of revenue Act 2018 allocated Sh372.7 billion in the 2018-2019 budget to counties. The allocation was an increase of Sh33.3 billion from what they got in the previous year. ALSO READ: Official: 15 counties have no asset registerIf approved, the amendments proposed by the Senate will increase the county allocations from Sh372 billion to Sh376 billion, increasing the counties' share to 40 per cent of revenue.


Source: Standard Digital June 04, 2018 21:00 UTC



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