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"id": 1427213,
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"speaker_name": "Sen. Faki",
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"speaker": {
"id": 13211,
"legal_name": "Mohamed Faki Mwinyihaji",
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"content": "revenue and ascertain how much has been collected at any given point by the respective county governments. The systems they have are normally charged on a percentage basis. In some instances, the amount that goes to the owner of the system is much more than what goes into the coffers of our county governments. At the end of the day, we still have projects that have not been completed because of lack of finances. The issues of the own-source revenue is the next frontier, which county governments should be encouraged to invest in. This will enable them to meet the shortfalls that they expect from the equitable share. Yesterday, we concluded the mediation on The Division of Revenue Bill. The negotiations were so intense that we ended up settling for Kshs 400.1 billion for the Financial Year 2024/2025, although our expectation was Kshs 415.5 billion. We wanted to enable counties meet the non-discretionary budgeted expenses that have come as a result of the passing of the several Bills by Parliament. Counties should be encouraged to invest and maintain stronger supervision on own-source revenue. That is the next frontier where they are likely to get money to develop their respective counties. The second aspect of the amendment is with regard to the reporting to the county assemblies. Most of the assemblies are in the dark as to how much is being collected. The other day, we had Machakos County Assembly appearing before the Senate Finance and Budget Committee. We discussed issues to do with enhancement of their ceilings in terms of recurrent expenditure. The county government of Machakos had put a budget of Kshs4 billion on own- source revenue. However, by December last year, they had only collected Kshs1 billion for the Financial Year 2023/2024. So, you can see the disparities between the projections and what they are raising in reality on own-source revenue. Reporting to the county assemblies and the Senate will provide the oversight committees with the tools to use to monitor and take corrective measures as they progress. Mr. Temporary Speaker, Sir, I second the amendment to The Public Finance Management Act as proposed by Sen. Kibwana. Thank you."
}