Nairobi City County Ranked First in Generation of Own Source of Revenue

Nairobi City County has been ranked first by the Office of The Controller of Budget as the county that generated the highest amount of own source of revenue in the First Quarter FY 2018/2019.

During the period under review, Nairobi City County generated total revenue of 1.79 billion shillings. This represented an 11.8 proportion of the annual own source revenue target which was 15.2 billion shillings.

Narok County came in second with total revenue of 1.19 billion shillings, followed by Nakuru county which generated a revenue of 543.56 million shillings.

Analysis of own source revenue as a proportion of the annual target indicates that Narok and Isiolo Counties recorded the highest proportions at 48 percent and 35.8 percent respectively.

On the other hand, the counties that recorded the lowest proportion of own source revenue against annual targets were; Wajir at 6.3 percent, Kisii at 6.2 percent and Kericho at 5 percent.

The aggregate annual own source revenue target for all the 47 counties for FY 2018/19 is Kshs.50.06 billion. During the reporting period, counties generated a total of Kshs.7.41 billion, which was 14.8 percent of the annual target. This was an increase of 55 percent compared to Kshs.4.82 billion generated in a similar period of FY 2017/18, which was 8.6 percent of the annual revenue target.

The growth in revenue in Nairobi County can be attributed to the new levies introduced last year in order to meet its revenue target. Parking fees were increased temporarily to 400 shillings then decreased to 300 shillings and finally to 200 shillings. Property owners were also slapped with higher land rates with a valuation of properties taking place.

Outdoor advertising and signage, which is a main revenue stream for the county, also saw a revision of the rates upwards.