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Senate panel overhauls CRA's proposed revenue-sharing formula

Published 4 weeks ago1 minute read

Senate Finance and Budget Committee chairman Ali Roba/ File

A Senate committee has recommended a complete overhaul of the proposed revenue-sharing formula among counties by the Commission on Revenue Allocation to ensure no county loses revenue.

In the report tabled in the Senate, the Finance and Budget Committee has introduced a new baseline allocation and tweaked the parameters, removing some and adjusting the weights attached to them.

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