By Ebenezer Sowah, GNA
Kpando (V/R), Nov. 18, GNA – The Kpando
Municipal Assembly in the Volta Region has failed to meet its 2019 Internally
Generated Fund (IGF) revenue target of GH¢613,750.00.
Mr Eric Botchway, Municipal Finance Officer
said the Assembly only realised GH¢312,263.13 as at October 31, 2019, which was
about 50.9 per cent of the total target.
In an interview with Ghana News Agency (GNA)
at the Municipality’s version of the Meet the Press Series, he said most people
were engaged in petty trading, which fetched the Assembly “peanuts”,
coupled with some individuals under declaring their goods.
Mr. Botchway added that the performance
expenditure of the Assembly for the same period was GH¢296,361.43, which
represented 46.4 per cent of the IGF.
He said the total revenue mobilised by the
Assembly from all sources amounted to GH¢3,445,594.90 out of the GH¢7,129,741.20
projected.
Mr. Botchway said though the Assembly could
not meet its intended target for the year under review, he was proud of the
staff for employing effective financial control practices in the discharge of
their duties during the period.
Mr. Ernest Theophilus Quist, Municipal Chief
Executive said it was unfortunate that a Municipality that had two huge markets
would realise such a meagre revenue.
He said the Assembly’s revenue collection
task force needed to put in more effort to rake in enough revenue to support
the Government’s initiatives to address their numerous developmental
challenges.
Mr. Quist urged people in the Municipality
to lend their support to the Assembly in giving them a facelift through revenue
mobilisation.
GNA
