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{
    "id": 1565498,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1565498/?format=api",
    "text_counter": 183,
    "type": "speech",
    "speaker_name": "Sen. Tabitha Mutinda",
    "speaker_title": "",
    "speaker": null,
    "content": "I would like to also urge the National Assembly Committee of Finance and Budget to speed up on ensuring that the last audited and approved financial reports are as recent as the financial year 2023/2024. We are already in 2025. The issue of lagging behind and not approving the audited reports is not good. The national Government share is at Kshs2.2 trillion. This is where we say the county government share should be at Kshs465 billion. Equalization fund is something that the Office of the National Treasury is aware of these figures. They are not disputing these figures amounting to Kshs9.6 billion and the equalization areas at Kshs2.7 billion. Every time they have appeared, they have confirmed that these monies will be put in the budget. It is a high time we also close on this issue of the equalization fund because time is not on our side. The duration was to be 20 years and it is almost lapsing. Mr. Deputy Speaker, Sir, it was clear that the projects that had started need to be completed. However, how are they going to be completed without funding? The issue of equalization funds is an issue that the National Treasury needs to sort out completely. I urge colleagues to support understanding where we are coming from as a Committee. The stakeholders that I mentioned earlier, are very experienced and we have walked journey with. They understand where we are coming from. I also want to challenge the governors. Can we see your own source revenue? Can we see what you are collecting? Is it upwards or downwards? Is it standard? We need to see the projection of the own source revenue. With the proposal of the Kshs465 billion, I know we shall go for mediation. I do not dispute. However, as much as that discussion would be in place, can we see improvement on your own source revenue? You should be more independent by now. I would like to remind our colleagues that we shall have our breakfast meeting on Thursday. The issue of the formula is a critical issue. I request that we all attend so that we can have this conversation. With anything above Kshs400 billion on executable share, we have ensured as a committee that no county will lose or get less. With those remarks, I would like to appreciate my colleagues from the Senate Standing Committee on Finance and Budget and the Secretariat that we work closely with. I second and thank you."
}