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CRA approves Sh407b share of revenue, sharable grants

CRA approves Sh407b share of revenue, sharable grants
CRA chairperson Mary Chebukati. PHOTO/Print
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The Commission for Revenue Allocation (CRA) yesterday recommended counties receive Sh407 billion as share of revenue inclusive of conditional grants for 2024/2025 financial year.


The Sh407 billion will comprise Sh396.05 as the sharable revenue and conditional grant of Sh10.95 as conditional grants.


CRA chairperson Mary Chebukati who appeared before the Budget and Appropriations Committee (BAC) chaired by Kiharu MP Ndindi Nyoro said the allocation of Sh396.05 billion is equivalent to 23.7 percent of the most recent audited and approved accounts Article 203(2) of the constitution provides counties get at least 15 per cent of revenue.


Chebukati said that the proposal of the commission is based on the fact that they project the Kenya Revenue Authority (KRA) to collect Sh2.898 trillion in the financial year to June 2025 of which the national government is poised for Sh2.494 trillion.


In the current financial year, county governments were allocated Sh385 billion as equitable share of revenue although governors were pushing for Sh425 billion.


She said: “The allocation of Sh396.05 billion is equivalent to 23.7 per cent of the most recent audited and approved accounts.”


In documents tabled before the committee, the total allocation to county governments since financial year 2012/13 to 2023/24 amounts to Sh4,123.1 trillion , out of which the equitable share, is Sh3,726.4 trillion, conditional grants from National Government, Sh 170.8 billion; and Loans and grants from development partners, Sh 225.9 billion.

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