President Uhuru Kenyatta signs County Revenue Allocation Bill into law

October 9, 2020 - Reading Time: < 1 minute - By The Vellum Team

President Uhuru Kenyatta signs revenue County Revenue Allocation Bill into law

President Uhuru Kenyatta signed the 2020/2021 County Revenue Allocation Bill into law on Thursday 9th October 2020. This Act allocates a total of Sh369.87 billion to counties. A breakdown of the allocation comprises equitable shareable revenue of Sh316.5 billion, national government grants (Sh13.7 billion), road maintenance levy (Sh9.4 billion), loans and grants (Sh30.2 billion). Other allocations in the Act include leasing of medical equipment (Sh6.2 billion), level five hospitals (Sh4.3 billion), youth polytechnics (Sh900 million), and county headquarters (Sh300 million).

The Sh369.87 billion allocation was approved by the National Assembly on Tuesday evening, fast-tracking a process that had been delayed by senators as they clashed over the revenue formula. While the Bill had been published on April 17, it was delayed at the Senate until September 29, 2020.

Spread the love