Uhuru signs County Allocation of Revenue Bill into law

July 9, 2015 11:44 am
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The Act contains schedules listing the grants which the National Government is giving to the counties including Sh95.7 million per county for the leasing of medical equipment/FILE
The Act contains schedules listing the grants which the National Government is giving to the counties including Sh95.7 million per county for the leasing of medical equipment/FILE
NAIROBI, Kenya, Jul 9 – President Uhuru Kenyatta has signed the County Allocation of Revenue Bill into law.

The legislation will among other things set a ceiling on the amount of money counties will spend on recurrent expenditure.

The Act contains schedules listing the grants which the National Government is giving to the counties including Sh95.7 million per county for the leasing of medical equipment.

The Act lists all the conditional grants which the county governments are receiving from the National Government’s own revenue allocation, running into billions of shillings.

The Act recommends that the National Treasury shall publish a monthly summary of all transfers of allocations and transfers given to county government.

Each county treasury will be required to reflect all transfers by the national government in its books of accounts.

The Bill was presented to the Head of State for signing by the Speaker of the Senate Ekwee Ethuro.

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