Counties’ own revenue rises 11 percent in nine months

The Controller of Budget (CoB) Dr Margaret Nyakang'o.

Photo credit: File | Nation Media Group

Counties raised their own source revenue collection by Sh4.51 billion during the first nine months of the current financial year, in an improvement that helped the devolved units to run operations amid disbursement delays from the National Treasury.

The latest disclosures from the Controller of Budget (CoB) show that the 47 counties raised Sh45.91 billion during the period, representing a 10.9 percent jump from the Sh41.4 billion realised in a similar period the prior year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.