A recent annual county report released on Tuesday has revealed that Nairobi’s City Hall has fallen short of its intended revenue target for 2016-2017.
According to the report, the county only managed to collect Sh23.7 billion in revenue compared to its projected revenue collection of Sh34.7 billion.
As a result the Sh11 billion difference has delayed several projects planned to take place all across Nairobi.
Governor Mike Sonko has maintained his stance on meeting the 2017-2018 revenue projection and nominees are currently being vetted by the Appointments Committee for executive positions in the county.
According to the report the following revenue streams managed to generate the following amounts:
- Land rates-Sh2.25 billion
- Parking fees-Sh1.97 billion
- Single-business permits-Sh1.7 billion
- Building permits-Sh842.8 million
- Billboards and adverts-Sh720 million
- Fire inspection certificates-Sh433 million
- Rents collected-Sh284.2 million
- Liquor licences-Sh233 million
- Construction site board- Sh325.2 million
- Wakulima Market-Sh179.6 million
- Inoculation fees-Sh74 million
- Hoarding fees-Sh45.6 million
- Court fines(legal, enforcement, planning and health departments)-Sh26.2 million
County officials blame the current revenue shortage to the various revenue approaches implemented claiming that they do not ‘favor the county’.
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