The West Akyem Municipal Assembly budgeted revenue for 2017 was GH¢ 733, 760, however as at December 31, 2017, the Assembly had achieved GH¢935,213.70, representing 27.45 percent in excess of the target.
Addressing the first general meeting of the Assembly for 2018 at Asamankese, the Municipal Chief Executive, Mr Seth Oduro Boadu, said the good performance of the Assembly was a result of innovative ideas put in place by management in collaboration with the finance department of the Assembly.
He gave the summary of the Internally Generated Fund (IGF) and expenditure as at December 31, 2017 and said whereas the Assembly collected GH¢935.213.70, its expenditure was GH¢ 804,899.31
He said the Assembly was to achieve a revenue target of GH¢136,292.67 as at February this year, however it realized GH¢109,811 representing 13.42 percent of the target which is 80 percent in terms of monthly cumulative performance.
The Municipal Chief Executive gave the assurance that his doors were always open for suggestions, recommendations and proposals in respect of the development of the Municipality.
The General Assembly approved recommendation by the Assembly’s Executive Committee for the formation of a task –force to enforce revenue mobilization.
The Assembly also agreed with the Executive Committee about the inadequacy of the security check points on the major routes to the Municipality and asked the Municipal Police Command to ensure that more check points were introduced.
The meeting recommended to Management to initiate and support the Rural Technology Facility and the Business Advisory Centre to organize trade shows in the Municipality for the Micro and Small Scale Enterprises in order to expose them to export and also help them to network with others to expand their business.
The Assembly further decided to use part of its counterpart funds to support the activities of the Business Advisory Centre in the area of provision of start-up kits for Micro and Small Scale Enterprises trainees.