Year-end spending sprees unnecessary, says CRA
12 June 2014, 16:22
Bungoma - The spending sprees reported to be happening in many county government departments as the end of the financial year approaches are needless, a commissioner with the Commission on Revenue Allocation (CRA) has said.
Prof Joseph Kimura, a commissioner with CRA said county departments do not need to rush and spend funds allocated to them before the end of the financial year in the erroneous belief that the money will be taken back to the national Treasury.
Speaking to journalists in Bungoma after leading a team of commissioners from CRA in a meeting with stakeholders from the county, Prof Kimura said the unspent money is kept safely in the Treasury account for each individual county.
“There has been a practice in the country where government departments resort to spending frenzy when the financial year beckons, fearing that unspent cash will be returned back to the national Treasury. With the new constitutional dispensation, it is not necessary as the money goes back to the Treasury account of the county,” said Kimura.
“The money county government departments and county assemblies across the country are said to be spending unnecessarily, can be kept for them and released the next financial year where it can be used more prudently,” he added.
Kimura at the same time challenged the different county governments to put in place measures that will see them increase their revenue base by fully harnessing the diverse resources found in their regions.
“ In as much as the national government remits money to the counties, the leadership of the devolved system of government and stakeholders in the regions should come up with ways of exploiting the many resources that remain untapped and generate more revenue for themselves,” he said.
The CRA team was in Bungoma to gather views from local leaders, county officials and members of the public on revenue allocated to the county.For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!
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