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{
    "id": 1581268,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1581268/?format=api",
    "text_counter": 46,
    "type": "speech",
    "speaker_name": "Sen. Ali Roba",
    "speaker_title": "",
    "speaker": null,
    "content": "accounts of revenue amounts to Kshs1.9204 trillion rather than what was proposed in the Bill. (b) The National Treasury submitted to Parliament revised projected shareable revenue for the Financial Year 2025/2026 from Kshs2.835 trillion downwards to Kshs2.75698 trillion to reflect current realities on revenue performance. (c) Now that the last audited and approved accounts has changed and so will be the Equalisation Fund provision of 0.5 per cent which now had to be adjusted from Kshs7.85 billion to Kshs9.6 billion in line with the last audited and approved accounts amount of Kshs1.9204 trillion. Mr. Speaker, Sir, the Bill had proposed allocation of the arrears to the Equalisation Fund. However, the Committee noted that this should not be provided for in the Division of Revenue Bill since the entitlement to this Fund had already been covered in the previous similar legislations that were passed by both Houses. The Committee also noted that- (a) The proposed allocation to the counties by the national Government as proposed by the National Assembly stood at Kshs405.1 billion, which was informed by the available resource envelope, given the limited fiscal space as shared by the Mediation Committee team from the National Assembly. (b) The proposed allocation to the counties by the Senate stood at Kshs465 billion, which was informed by non-discretionary expenditures to be incurred arising from the national Government priority policies and programmes, including contributions to the housing levy, increased National Social Security Fund (NSSF) contributions, implementation of doctors Collective Bargaining Agreement (CBA) in line with the agreed return to work formula, counterpart funding for the Community Health Promoters (CHP) and County Aggregation and Industrial Parks (CAIPs). Mr. Speaker, Sir, considering all the counter offers made during the negotiation, the Mediation Committee resolved that-"
}