LATF - Local Authority Transfer FundThe Local Authority Transfer Fund (LATF) was established in 1999 through the LATF Act No. 8 of 1998, with the objective of improving service delivery, improving financial management, and reducing the outstanding debt of local authorities (LAs). LATF, which comprises 5% of the national income tax collection in any year, currently makes up approximately 24% of local authority revenues. At least 7% of the total fund is shared equally among the country's 175 local authorities; 60% of the fund is disbursed according to the relative population size of the local authorities. The balance is shared out based on the relative urban population densities. LATF monies are combined with local authority revenues to implement local priorities
LASDAPLASDAP stands for Local Authority Service Delivery Action Plan (Kenya)
19%The County Council of Narok has a number of ways of collecting revenue. Most of this revenue is collected from the Maasai Mara which contributes for the bulk of the income of the council. Upon collection, and also based on how the custody of the Maasai Mara National reserve of the council was given to the council, it is now a pre-requisite that out of all the revenue collected by the council, 19% of the total amount MUST be ploughed back to the community around the council. This amount will be delivered in different forms of projects and bursaries, to the community. This form of community support has proven to be helpful to the Maasai community and has bore a lot of fruit for the surrounding communities. Council FundingApart from the three modes of funding the County Council of Narok uses to get the revenue for project funding, it also utilizes some of its budget allocations to setup diferent types of projects for the community and benefits the locals in many ways.
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