The presiding member for Wenchi Municipal Assembly, Samuel Mensah, has called for tighter measures to help generate, mobilise and protect revenue for the Assembly.
He underscored the need for cooperation and collaboration among stakeholders within the municipality to put up an effective internal control mechanism to block revenue leakages.
He lamented the Assembly's revenue mobilisation and financial performance regarding property rate, fees, rent and licenses, adding “the shortfalls in capital investments and revenue mobilisation must be fixed."
The presiding member was speaking at the Wenchi Municipal Assembly’s 3rd Ordinary Meeting of the 2nd Session of the 8th Assembly in the Bono region.
In the near future, Mr Mensah hinted the house will demand performance appraisal from revenue heads to enable the Assembly to match income with expenditure.
"We cannot always come to this house to approve fees and charges and go back to sleep whilst some revenue heads and collectors continue to abuse the system, depriving the Assembly of the required resources to operate.
Most commercial and residential developers do not acquire the necessary permits and by extension do not pay the fees,” he stated.
The PM urged the building inspectorate and other concerned departments of the Assembly to step up and help rake in the needed revenue.
The measures, according to him, will play a critical role to guarantee the speedy and sustainable development of the Wenchi Municipality.
Wenchi Municipal Chief Executive, Alexander Obour Damoah, stated as of October 31, 2021, the Assembly generated ¢731, 910.17, representing 77.5% of the budgeted revenue of ¢ 944,900.
Similarly, ¢ 735, 521.33) representing 77.8% of the budgeted expenditure of ¢ 944, 900.00 had been spent.
He assured the Assembly of his commitment to effectively collaborate with all relevant stakeholders to fix the revenue shortfalls adequately.
Latest Stories
-
World Bank’s food price index eases; maize, wheat prices hit 3-year low
53 mins -
2020 polls all about pulling Ghana back from precipice of destruction, corruption – Naana Jane
56 mins -
Guru expresses interest in contesting SRC election at UG
1 hour -
Oil prices projected to average $84 in 2024 – World Bank
1 hour -
Meet 2 Ghanaian entrepreneurs on a mission to connect 1m African professionals to global companies by 2034
2 hours -
NCA approves Starlink’s satellite broadband application
2 hours -
Government orders FGR to revamp mining operations; assures workers of commitment to their welfare
2 hours -
Arne Slot philosophy could suit Liverpool – Van Dijk
2 hours -
EC replies Mahama: You also appointed someone who was tagged NDC
2 hours -
See colourful outdoor of Prof Naana Opoku-Agyemang as NDC’s running mate
3 hours -
Akufo-Addo commissions 15MWP Kaleo Solar Power Plant
3 hours -
GCB Bank PLC leads African financial integration, hosts ZICB delegation
3 hours -
Empowering Girls in ICT: FAWE Ghana advocates for gender equality in the Tech sector
4 hours -
Rangnick ‘contacted by Bayern Munich’ about manager job
4 hours -
Winneba Youth Choir celebrates 35th Anniversary with Aseda Concert sponsored by Fidelity Bank
4 hours