The sports category has moved to a new website.
ADVERTISEMENT

Sonko's County budget slashed at last minute

The budget presentation session has been postponed.

The Sh2 billion slash means that the total value has been reduced from the initial Sh34 billion to Sh32 billion to make it “realistic and attainable.”

Mr Mbatia team advised the County Treasury to focus on funding key sectors including Health, Education, Roads and Water.

ADVERTISEMENT

The Kariobangi South MCA also said that the budget is over ambitious given the low revenue collection and advised the Executive to balance the recurrent expenditure with budget estimates.

“We feel that they cannot be able to finance the budget as at now. The executive needs to improve on the revenue collection and boost their revenue streams then we factor in the amount in the supplementary budget,” he said.

Appearing before the Budget Committee, the County’s acting Finance Executive Charles Kerich agreed that there are loopholes in some of the revenue streams and assured the members that they will be sealed.

The major streams include parking, public toilets and outdoor advertising among others. Nairobi’s revenue collection currently stands at Sh9 billion according to Finance Executive Charles Kerich. An additional Sh16.5 billion, however, is expected from the National Treasury in the National Government funding.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Education & career profile that makes Kimani Kuria the face of Finance Bill

Education & career profile that makes Kimani Kuria the face of Finance Bill

FBI boss leaves Kenya after quiet 4-day visit, here is who he met

FBI boss leaves Kenya after quiet 4-day visit, here is who he met

Murders & pilot errors: 6 African heads of state & gov't who died in plane crashes

Murders & pilot errors: 6 African heads of state & gov't who died in plane crashes

Gov't to increase Fuel Levy by 38%

Gov't to increase Fuel Levy by 38%

JKIA's only runway closed for hours after unexpected plane incident

JKIA's only runway closed for hours after unexpected plane incident

Details of Ruto's private conversation with Uhuru on retirement benefits

Details of Ruto's private conversation with Uhuru on retirement benefits

UDA MP shares how DP Gachagua kicked him out of his office

UDA MP shares how DP Gachagua kicked him out of his office

Gov't counters allegations by Uhuru on retirement perks, lists benefits granted

Gov't counters allegations by Uhuru on retirement perks, lists benefits granted

Plane carrying Malawi Vice President goes missing, here's everything we know

Plane carrying Malawi Vice President goes missing, here's everything we know

ADVERTISEMENT