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Originally published by Nation CountiesOctober 27, 2024
1y ago
Why counties will wait longer for new revenue-sharing formula
The current formula has been in place since July 2020 and will expire on June 30, 2025...
✨ Key Highlights
Counties in Kenya will experience delays in the implementation of a new revenue-sharing formula due to a significant budget cut impacting the Commission on Revenue Allocation (CRA).
- Sh150 million budget cut jeopardizes the development of a formula for revenue-sharing from June 30, 2024 to June 30, 2030.
- Mary Chebukati, chair of the CRA, highlighted the need for an additional Sh30 million to finalize stakeholder engagement.
- The proposed formula includes updates to resource distribution metrics, emphasizing population but facing pushback from leaders of less populous counties.
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