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Rates waiver fails to meet target

A City Hall land rates penalty waiver has only netted Sh100 million against a targeted Sh3 billion.

Finance Executive Gregory Mwakanongo says the response to the one-month amnesty has been poor so far, but they expect an improvement in the remaining nine days.

Private land rate defaulters owe Nairobi County Sh38 billion.

The amnesty that has been running since October 15 will end on November 15.

Stephen Muriithi, the accountant in charge of rates, says the county is considering legal action against defaulters beginning January next year as per the Ratings Act.

Currently, the county is charging rates based on the 1982 land valuations. This is set to change beginning January next year when provisions of the Nairobi County Finance Act 2013 on rates come into effect.

According to Mr Mwakanongo, county revenues improved marginally in October to Sh516 million following the enactment of some provisions of the Finance Act from October 1.

The wage bill however continues to be a concern, with the county spending Sh800 million on staff remuneration.