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"id": 1581277,
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"speaker_name": "Sen. Ali Roba",
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"content": "(b). The allocation to the Equalisation Fund for the Financial Year 2025/2026 to stand at Kshs9.602 billion. Mr. Speaker, Sir, the mediated version of the Bill is shared as tabled. The Committee that was sent to mediate on behalf of the Senate and as representatives of the interests of the county governments have managed to improve the allocation to county governments in form of the shareable revenue from Kshs387.425 billion to Kshs415 billion which is an increase of nearly Kshs30 billion in a given financial year. It is worthwhile to note that, that is the highest allocation over the last five-year period in terms of DORA increment. The Kshs415 billion we got also satisfies the condition we set in passing the fourth basis of shared revenue sharing formula, which was prefabricated on revenues of Kshs415 billion and above, then that affirmative action in the wisdom of the Senate of Kshs4.46 billion to be shared equally among 12 disadvantaged counties that are not able to run their development programmes based on the revenues they are receiving, which were listed. In the wisdom of the Senate, Kshs3 billion was approved at Kshs405 billion shareable revenue to county governments. Should there be any improvement over and above Kshs415 billion and above, then in the wisdom of the Senate, a decision was made that that Kshs3 billion be improved to Kshs4.46 billion. I would like to immensely extend my appreciation to the Mediation Committee of the Senate, as well as our counterpart, the Mediation Committee of the National Assembly, who have walked this journey as we both executed our constitutional mandate on behalf of the entities we represented. I also extend my appreciation to your office as well as the office of the Clerk and our secretariat team that have diligently walked that journey with us. I beg to move and request Hon. Sen. Bonnie Khalwale to second."
}