Home / Politics / Obuasi assembly fails to meet revenue target

Obuasi assembly fails to meet revenue target

Share this with more people!

Obuasi-centreThe revenue collection performance of the Obuasi Municipal Assembly for year 2015 was poor – raking in GH₵3,755,160.76 out of the targeted figure of GH₵12,670,378.37, as of the end of September.

Mr. Richard Ofori Agyeman Boadi, the Municipal Chief Executive (MCE), described this as not healthy and said the non-release of expected funds from the central government was to blame.

Addressing an ordinary meeting of the assembly at Obuasi, he said it received just GH₵1,880,775.46 out of the anticipated amount of GH₵9,885,355.61, representing 19 per cent.

The financial resource constraint affected the assembly’s spending as it could spend only GH₵3,284,057.98, which was 28.8 per cent of the budgeted expenditure of GH₵12,670,378.37 for the year.

On internally-generated funds (IGF) mobilization, the MCE said the assembly did not do badly during the period.

Out of the projected figure of GH₵2,785,022.76 it had collected GH₵1,874,385.47 as of the close of the third quarter.

Mr. Boadi said despite the revenue challenges, it was able to tackle 39 development projects across the municipality and that 23 of these were successfully completed.

Work on eleven of the projects are steadily progressing while two of the remaining five are being re-packaged to be re-awarded.

He announced that contract for two of the projects had been terminated with work on one other having stalled.

The MCE spoke of efforts to put roads running through the area into good shape and said already a number of them had been rehabilitated, including the 3 km Diawuoso-Ayease, 4.2 km Mamiriwa and 2.2 km Jimiso Junction-Jimisi roads.

He called for effective working partnership among the assembly members, unit committees, chiefs, religious and other opinion leaders to speed up the socio-economic progress of the municipality.

Source: GNA

Share this with more people!

Check Also

NPP flagbearer race: Kufuor denies report of candidate’s endorsement

Former President John Agyekum Kufuor has denied reports of his endorsement of one of the …