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"id": 893708,
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"type": "speech",
"speaker_name": "Sen. Olekina",
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"speaker": {
"id": 407,
"legal_name": "Ledama Olekina",
"slug": "ledama-olekina"
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"content": "long as you have overestimated your local revenue collection, then the Controller of Budget owes you that money. This is not the case. Getting this information for us in a timely manner will help us to be able, not only to carry out our oversight role, but also build the capacity of the MCAs. We are moving in the right direction. Recently I was impressed by the Auditor General for publishing a list of stalled projects in every county. It is a high time that we looked at these projects and engaged budget coordinators to know what happened. Were these projects budgeted for and were funds released? When you look at the way the current Government operates, it is mostly on a cash base. However, most counties operate with accrued accounting standards. I would really want to challenge all Senators to compare each county to see whether we can deal with this issue of supplementary budget year in, year out. Mr. Speaker, Sir, the reason why we have a lot of stalled projects is because there is a huge misconception that so long as you have a big budget which you cannot fund either from your own source, sharable revenue, or even the equalization fund, then somehow you continue having those programmes on paper. Finally, this information will help us to advise the Controller of Budget on our priorities. Instead of a county overestimating its budget, it must ask itself how much they have been collecting as local revenue collection on a yearly basis. How much has been allocated to these counties so that they can come up with realistic budgets that can help them to stay away from these stalled projects?"
}