City Hall collects 12.81 Billion after digitization of revenue system
National
By
Edwin Nyarangi
| Nov 25, 2024
Nairobi County government collected 12.81 Billion last year citing digitization of all revenue streams has led to the growing revenue collections.
Governor Johnson Sakaja appearing before the Senate County Public Accounts and Investments Committee revealed that the County collected Sh 12.81 billion in the last financial year which was a considerable growth compared to the previous years.
The Governor said that the move to digitize the system has brought efficiency and transparency in the system.
Sakaja had appeared before the Committee chaired by Homa Bay Senator Moses Kajwang for the examination of the reports on the receiver of revenue statements for the financial years 2021/2022 and 2022/2023 in Nairobi County.
"I would like to inform the Senate that Nairobi County has in the first quarter of this year collected Sh 2.2 billion of revenue which is a remarkable rise from Sh 1.83 billion collected during the same period last year due to the digitization of the collection system," said Sakaja.
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The Governor recommended the digital revenue collection system to other counties, citing its role in boosting revenue and accountability.
He also urged fellow governors across 47 Counties who have not embraced digitization of revenue systems to move in fast to maximize collections.
Sakaja said that the month of October this year is a unique one with revenue collections hitting 97% of the set target with the total collection for the month reaching Sh 823.67 million, a significant increase from Sh 526.02 million collected in October last year.
The Governor attributed the gains to a robust revenue collection system and that in this financial year they are targeting to reach Sh 20 billion in revenue collection with the current system having out performed all other revenue systems the county has ever used in the past.
"The digitization of revenue streams has enhanced Nairobi County's ability to meet its financial obligations, paving the way for improved service delivery and development projects, our County has been lucky we have never failed to pay our employees their salaries on time," said Sakaja.
The Governor told the Senate Committee that his administration's focus on innovation and accountability is a critical step in transforming Nairobi's financial management and boosting public trust in devolution as a system that was meant to better their lives.