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{
    "id": 468771,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/468771/?format=api",
    "text_counter": 372,
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    "speaker_name": "",
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    "speaker": null,
    "content": "Mr. Chairman, Sir, I want to explain that in the Schedule, you will find that the National Government allocation is Kshs662,375,445,286 representing 108 per cent of the last audited revenue of 2010/2011. That amount includes Kshs3.4 billion of the Equalisation Fund. The county government’s allocation is Kshs258 billion. That is made up of conditional grants – Kshs20 billion and shareable revenue as per the formula approved by Parliament and the CRA amounting to Kshs238 billion. That brings the total shareable revenue to Kshs920, 375,441,286. Mr. Chairman, Sir, I want to briefly explain why the Joint Committee on Finance, Commerce and Economic Affairs and the Devolved Government is making this proposal to amend the figures. The import of the amendment is that the shareable revenue that goes to the county governments will increase from Kshs190 billion provided for in the Bill, to Kshs238 billion. When we obtained the analysis prepared by the Parliamentary Budget Office and also based on presentations we received from the Chairman of the Council of Governors and from the public hearings that we conducted, it became very The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}