Ahanta West Assembly misses revenue target

The Ahanta West District Assembly (AWDA) as at September 2012 collected as low as GH¢1,918,082, representing 41.2 per cent out of budgeted amount of GH¢4,656,571.90.

“The low figure is due to the non release of funds from the Central Government, which are used to prepare budget for the year”, Mr Joseph Dofoyena, the District Chief Executive (DCE) said at the general assembly meeting of the 52-member house at Agona Nkwanta.

For Internally Generated Fund (IGF), the DCE said a total amount of GH¢412,714 out of an estimated amount of GH¢637,114.00, representing 65 per cent was generated within the same period.

The IGF was generated from market tolls, fee fixing, levies and other marketing sources.

He said that had been a significant increase from 17.7 per cent to 47 per cent achievement of the annual budget between the second and third quarters.

Mr Dofoyena indicated that the Assembly out of an estimated amount of GH¢841,052.90, received only GH¢165,845.62 as its share of the 2012 allocation of the Common Fund representing 20 per cent.

The money has been used for the construction of schools and facilities mainly office annex, the purchase of a grader, boreholes, CHPS compounds.

The DCE said the Assembly’s local recurrent expenditure as at September 30 stood at GH¢389,449.46 out of budgeted annual figure of GH¢609,760.72 representing 63.9 per cent.

On scholarship, the Assembly has released GH¢10,000 for the payment of outstanding sponsorship package for students while persons living with disability have also been taken care of with the disbursement of GH¢75,340.00 to 164 members.

Given a balance of GH¢27,154.30 preparation underway for disbursement for the next batch.

Source: GNA

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