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"id": 484808,
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"type": "speech",
"speaker_name": "Hon. Musyimi",
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"legal_name": "Mutava Musyimi",
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"content": "The enactment of the law will be in fulfillment of Parliament’s and specifically, the Senate’s role as stipulated in our Constitution. In this Bill there are three schedules proposing to allocate resources to the counties. The Schedules are:- The First Schedule which divides Kshs.226.66 billion of sharable revenue using the formula approved by Parliament. The Second Schedule divides Kshs.13.898 billion as conditional allocations to county governments from loans and grants received from development partners; the amount of Kshs.13.898 billion constitutes a grant of Kshs.733.6 million from the Government of Denmark and will be disbursed directly to the county governments to supplement financing for county health authorities. The balance for the conditional allocation amounting to Kshs.13.2 billion will not be transferred to county governments in the Financial Year 2014/2015 because the existing financial agreement with development partners as well as ongoing contracts with suppliers does not permit such transfer. The amount will therefore be budgeted for and managed by the national Government with full involvement of county governments in the management of funds through the projects steering committees and project implementation units. The Third Schedule provides for the specific allocation for Level 5 The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}