Despite Kenyans living in fear of increasing loans taken by the government that they will have to pay for and even supporting the ‘pungunza mizigo’ referendum bill from Alliance Thirdway Party,more news in state funds recklessness have streamed in.
Nairobi Governor Mike Sonko is in hot soup after it was revealed that city hall spent sh 1.2 billion more than the funds meant for and approved by the Controller of Budget.
Article 207 of the Constitution requires that county governments deposit their revenue collections into the CRF account.
But it was revealed before the County Assembly’s Budget and Appropriations Committee that the county government in the first quarter of the 2018/2019 financial year, between July and September, 2018, spent Sh4.81 billion for operations although they received only Sh3.52 billion from the CRF as approved by COB.
The county spent Sh4.27 billion on recurrent expenditure while a paltry Sh534.97 million went to development projects.
Ward representatives want to know where the county got the extra Sh1.2 billion from, a sum that largely went to recurrent expenditure.
The oversight committee chairman Robert Mbatia said that the assembly is worried about the executive’s overspending
They say overspending reveals that the county has funds that have not been deposited in the bank contrary to Governor Mike Sonko’s assertion, who has always claimed that the county’s revenue is directly deposited in the Central Bank