President William Ruto has signed into law the County Allocation Revenue Bill, 2023 and the Equalisation Fund Appropriation Bill, 2023.
The two Bills will enable the 47 devolved units to access funds in the new financial year that begins tomorrow.
The County Allocation Revenue Act allocates counties Ksh385.4 billion ($2.7 billion) shareable revenue.
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Nairobi County Government will get the highest allocation of Ksh20.07 billion ($143 million).
The Equalisation Fund Act appropriates Ksh10.3 Billion ($73 million) for essential services — such as water, roads, electricity and health — to marginalised areas in the country.
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