The Senate has warned that a new sharing of revenue proposal by the Commission of Revenue Allocation (CRA) will see 31 counties lose over Sh10 billion as their share of revenue allocation will be slashed in favor of marginalized counties.
Despite the commission seeking an extra Sh30 billion under the fourth system that comes into force next year, the Senate vowed to shoot down the proposal terming it as defective.
This came as the Commission said that there would be a Sh12 billion stabilization fund to cushion counties affected by the new system.
On the other hand, seven counties mainly in Northern Kenya will benefit from an extra Sh7B in the fourth system which is based on four parameters according to the commission.
