Elgeyo Marakwet leaders have opposed the new revenue sharing formula that was unveiled by the Commission on Revenue Allocation.
According to Governor Alex Tolgos and his Deputy Wisley Rotich the new formula will slash money allocated to marginalised counties like Elgeyo Marakwet.
“There is no gain in the new formula. CRA cleverly increased County allocations of revenue by 21 billion to depict increase in most of the counties allocation,”said Governor Tolgos.
Governor Tolgos said the county will lose over Sh65 million if the new formula is adopted.
Speaking to the press in Iten, the Deputy Governor also faulted the new formula saying it will disadvantage marginalised counties.
“The formula favours rich counties against poor counties. Devolution was meant to bring all counties at par,”said Rotich.
He said if the proposed formula is approved, Elgeyo Marakwet and other disadvantaged counties will lag behind in terms of development.
Previously a county’s population and poverty levels were used as parameters to determine allocations. However under the new formula, the share of poverty in determining the allocations will drop to 15 per cent from the current 20 per cent.