Homa Bay surpases by Sh0.5m halfway own revenue collection,hits Sh517.7m

By Habil Onyango

The Homa Bay County Government has surpassed its target of collecting Sh0.5billion halfway which currently stands at Sh.517.7million for the fiscal year 2024/2025.

This follows a record collection of Sh. 136.5 million in the month of December.

In its monthly Revenue Roundtable meeting held on Thursday which was chaired by Governor Gladys, it emerged that the December figure represents a substantial increase of 38.2 per cent compared to November.

According to Wanga, this highlights the County’s ongoing efforts to enhance its revenue collection strategies.

The county’s main target revenue collection stands at Sh1 billion in every financial year.

“We held the 24th Revenue Roundtable, marking our first meeting of the New Year, in December, we collected KES 136.5 million in Own Source Revenue, an increase from KES 98.3 million in the previous month,” noted Wanga.

“This achievement has allowed us to surpass the half-a-billion mark halfway through the fiscal year 2024/2025, with Ksh 517.7 million collected so far,” She said.

“We are committed to leveraging efficient revenue systems and the strength of the people of Homa Bay County as we implement impactful programs for the benefit of everyone,” said the County chief.

According to the Governor, the achievement demonstrates the county’s commitment to maintaining fiscal responsibility and developing sustainable financial practices.

She said that her administration is focused on optimizing its revenue systems further and actively implementing various programs designed to benefit all residents.

“ These initiatives aim to improve public services and infrastructure, ultimately contributing to the overall economic growth and well-being of the Homa Bay County residents,” said Wanga.

In recent years, the County grappled with significant challenges in revenue collection before Wanga implemented strategic measures to revitalize the County’s revenue collection system.

The introduction of a cashless revenue collection system coupled with the establishment of a Revenue Board, and a task force on Revenue Administration, streamlined processes and eliminated inefficiencies.

In the financial year 2023-2024, the County collected an unprecedented Ksh. 1.2 billion in OSR a 235% increase, from Ksh.491.5 million in 2022-2023.
Ends….

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