Senators have finally agreed on a win-win formula that will be used to share revenues among the 47 counties for the next five years.
The lawmakers on Thursday September 17, 2020 unanimously voted to approve the third basis for sharing revenue among counties.
All the 41 senators (delegations) present in the House on Thursday afternoon voted to approve the formula after months of a standoff .
Earlier, the 12-member Senate Committee that was tasked with developing a win-win formula after President Uhuru Kenyatta pledged an additional Sh50 billion allocation to counties reached a consensus.
The team co-chaired by senators Johnson Sakaja (Nairobi) and Moses Wetangula (Bungoma) announced that it has come up with a comprised formula.
This is the WIN -WIN Formula we are adopting in the Senate to be applied for the next five years to divide revenue among counties. @WehliyeMohamed @ahmednasirlaw pic.twitter.com/pyLlwxANi6
— KIPCHUMBA MURKOMEN, E.G.H (@kipmurkomen) September 17, 2020
In the new formula, Nairobi gains the highest amount at KSh3.3 billion to push its total allocation to Sh19bn.
Lamu’s total allocation will shoot to Sh3.1billon though Tharaka Nithi will get the least addition of Sh289 million.
No county loses revenue in this formula.
The Senate had been accused of failing in its constitutional duty, resulting in county operations grinding to a halt.
