Only three counties met revenue targets in 2020/21
Thursday, June 10th, 2021 00:00 | 2 mins read
Only three of the 47 counties met their revenue targets in the nine months leading to March, a report by the Office of the Controller of Budget (CoB) has revealed.
Released on Tuesday by Controller of Budget Dr Margaret Nyakang’o, the report shows that majority of the counties struggled to meet own revenue targets in the first nine months of the 2020/2021 financial year partly due to lockdown and prevalent Covid-19 pandemic.
The report, which covered the period from July 2020 to March 2021, shows that the 47 county governments generated an aggregate of Sh25.52 billion, which was 45.6 per cent of the annual target of Sh56.02 billion.
This was a decrease compared to Sh28.04 billion generated in a similar period of financial year 2019/2021.
“Performance was below the expected prorated target of 75 per cent in the first nine months of the financial year,” Nyakang’o says in her report released in May 30.
She adds: “The under-performance of own-source revenue collection implies that some planned activities may not be implemented in the financial year due to lack of funds and may lead to accumulation of pending bills.”
As per the report, analysis of own-source revenue as a proportion of the annual revenue target indicated that only Tana River, Turkana and Migori achieved the highest ratios at 92.6 per cent, 84.5 per cent, and 77.8 per cent respectively closing the bracket of target achievers.
During the first nine months of FY 2020/21, the Tana River County generated a total of Sh67.21 million as its own source revenue.
This amount, according to COB represented an increase of 5.9 per cent compared to Sh63.45 million realised during a similar period in FY 2019/20 and was 92.6 per cent of the annual target.
During the same reporting period, Turkana County generated a total of Sh126.68 million as its own source revenue.