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{
    "id": 1245390,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1245390/?format=api",
    "text_counter": 104,
    "type": "speech",
    "speaker_name": "Sen. Ali Roba",
    "speaker_title": "",
    "speaker": null,
    "content": "Thank you, Mr. Speaker, Sir, for the opportunity to present the Second Reading of the County Allocation of Revenue Bill, 2023. The County Allocation of Revenue Bill, 2023 (Senate Bills No. 16 of 2023) was published on 27th April, 2023 and read in this House for the First Time in the Sitting held on Tuesday, 2nd May, 2023. The Bill was then assigned to the Senate Committee on Finance and Budget for further processing. The Bill proposes to share the allocation of Kshs385.425 billion (as contained in the Division of Revenue Act, 2023), equitably amongst the county governments for the Financial Year 2023/2024 in accordance with the Third Basis of revenue sharing. Mr. Speaker, Sir, the Bill also contains two Schedules. The First Schedule is that of the horizontal share of revenue of Kshs385.425 billion. The Second Schedule contains the ceilings for the county executive and the county assemblies. The horizontal distribution of the equitable share among the 47 County governments is achieved using the Third Basis sharing formula as approved by the Senate in September, 2020. Mr. Speaker, Sir, for the sake of refreshing and sharing, that formula, if applied to the Kshs385.425 billion, proposes the Third Basis provides that Ksh158.25 billion be shared using an allocation ratio applied in the 2019/20 Financial Year. The balance which in this case is Kshs226.75 billion, be allocated in accordance with the following parameters: 1. Basic equal share - 20 percent 2. Population index - 18 percent 3. Land area index - 8 percent 4. Agriculture index - 10 percent 5. Health index - 17 percent 6. Roads access index - 8 percent 7. Urban index - 5 percent 8. Poverty"
}