Pursuant to the provisions of Section 140 and 142 of the Public Finance Management Act, 2012, this Assembly approves:-
- That the County Executive Committee Member for Finance to borrow the sum of Kshs 1.5 billion as a revolving overdraft to cater for the County Monthly personal bills;
- That the County Executive Committee Member for Finance to borrow the sum of Kshs 2.5 billion to cater for Capital projects for the Financial Year 2014/2015
| Notice of Motion | 22nd October, 2014 |
|---|---|
| Mover | Hon. Elias O. Okumu, MCA – Leader of the Majority Party. |
| Seconder | Hon. Michael Ogada, MCA, Chairperson, Budget and Appropriations Committee. |
| Division | Ayes 31 Nays 22 |
| Dates Debated and/or Concluded | 23rd October, 2014 |
| Remarks | Adopted. |