Nairobi Governor Johnson Sakaja has signed the Nairobi Finance Act 2023, introducing changes to city service fees.
These changes aim to create a clear and predictable financial plan for the county’s revenue.
The Act represents the most comprehensive financial plan in Nairobi in the last five years.
What to Expect from the Act
Traders with market stalls will see a 10% increase in their fees, meaning they will pay more for their businesses.
Those renting county houses in Nairobi will also face a 10% increase in their rents.
New parking zones will be introduced, with rates varying depending on the hours parked.
Charges for licensing alcoholic drinks and applying for advertising and signage will go up.
Charges for public health services and basic education and training will be reduced.
Some charges, like those for city inspectorate and marketing services, will remain the same.
The Purpose of the Act
Governor Sakaja emphasized that the changes were made after public participation and to provide a clear plan for the county’s revenue.
The Act is designed to create a more comprehensive and predictable financial framework.
While some fees will increase, others will decrease, and the Act is meant to balance the county’s financial needs with the services it provides to its residents.
