NAIROBI COUNTY COLLECTES 9.03 BILLION IN 9 MONTHS IN 2018/19 FYI

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By our Reporter

Nairobi City County Government under Governor Mike Sonko collected Sh. 9.03 Billion by end of quarter three (9 months) of the 2018/19 Financial Year.

This is a 15.8% increase compared to the 7.8 Billion it had collected by end of Quarter Three in the last Financial Year 2017/18. It means the County has collected 1.23 Billion more by 31st March 2019 compared to collections same time last year.

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This year’s quarter three (January, February and March) collection is also the highest ever as the county collected 3.75 Billion in the first three months of 2019 against Ksh. 2.29 Billion in 2018, a 64% increase of Ksh. 1.46 Billion. Thus, even though the county will not meet its revenue projection of 15.5 Billion for this Financial Year, it will exceed last year’s collection of 10.1 Billion by far.

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In any case, as at the end of April 2019, the county had collected 9.86 Billion (Ksh. 834.8 Million in April), just Ksh. 240 Million shy of overtaking last year’s revenue collection in 10 months alone. If you consider that Nairobi County collected 2.3 Billion in the last quarter of 2017/18 Financial Year and is promising to exceed that quarterly collection this year going by April 2019 revenue.

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The projected possibility is that the Governor Sonko may exceed Ksh. 12 Billion in collections in the Financial Year 2018/19 and outdo last year’s performance by over Ksh. 2 Billion,

The governor has been rated the best county boss for posting the highest revenue collection in the country.

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