Nairobi residents to pay more for parking if county Finance Bill 2018 is passed

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    Nairobi residents will pay Ksh. 400 for parking up from the current Ksh. 300 if the Nairobi County Assembly passes the City County proposed Finance Bill 2018.

    The increase in parking is part of the proposals contained in the county Finance Bill 2018 seeking to bridge a Ksh. 7 billion budget deficit.

    The Finance Bill also proposes fines of up to Ksh. 3 million for advertising firms that will put up billboards on road reserves within the city.

    Garbage collection will also see an increase in levy with media reports saying that informal settlements will part with Ksh. 100 per month, Ksh. 300 for middle case estates and Ksh. 500 per month for those in upmarket suburbs.

    According to a local daily, the County Assembly Budget and Appropriation Committee has said it will reject the proposals adding that their first role is to represent the public.

    “We have to balance concerns to ensure they are not overtaxed,” the committee’s Chair Robert Mbatia is quoted to have said.

    Nairobi residents have been invited to share their view on the proposals by the Finance Bill but have only up to Friday close of business to do so.

    The new proposed taxes and levies by the country government are an attempt to increase their revenue collection which has dropped over the years.

    According to earlier media reports, revenue collection by the City County dropped by Ksh. 1 billion in the first 10 months after Mike Sonko took office as governor compared to a similar period during Dr Evans Kidero’s reign.

    The County’s top five revenue streams are rates, parking fees, single business permits, building permits billboards and adverts.

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