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Nakuru sets up revenue agency


Nakuru sets up revenue agency
Thursday May 27 2021
By ERIC MATARA
Nakuru County Government has established a revenue agency in an ambitious bid to increase its local revenue collection to at least Sh4 billion annually up from about Sh2.5 billion.
Through a body similar to the Kenya Revenue Authority (KRA), Nakuru seeks to bolster and double its own revenue base and reduce overreliance on the national government’s equitable share and other grants.
The move comes after Governor Lee Kinyanjui last month assented into law the Nakuru County Revenue Authority (NRA) Bill, in a bid to enhance efficiency in county revenue collection and management. ....

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Treasury pushes for return of counties revenue incentives


Treasury pushes for return of counties revenue incentives
Friday January 29 2021
By EDWIN MUTAI
Summary
The National Treasury wants a parameter on “fiscal effort” be reinstated in the formula used for equitable sharing of revenue among the 47 counties.
Treasury Cabinet Secretary Ukur Yatani said Parliament disregarded a proposal by the Commission for Revenue Allocation(CRA) to include the weighting.
The National Treasury wants a parameter on “fiscal effort” be reinstated in the formula used for equitable sharing of revenue among the 47 counties.
Treasury Cabinet Secretary Ukur Yatani said Parliament disregarded a proposal by the Commission for Revenue Allocation(CRA) to include the weighting, which is targeted at recognising the efforts of county governments in raising their own revenues to complement allocations by the national government. ....

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