The Korle Klottey Municipal Assembly (KoKMA) through its cashless software system has increased its Internal Generated Fund for the first quarter of the year by 48.8 per cent.
The Municipal Chief Executive of KoKMA, Mr Alfred Allotey-Gaisie, stated that digitalisation of revenue collection had not only improved efficiency but also increased transparency and accountability.
Briefing journalists in Accra on Wednesday on the cashless software that was designed and rolled out in 2024, Allotey-Gaisie said the assembly had mobilised GH¢ 10,434,413 from January to April this year, as compared to GH¢ 7,012,413 same period last time.
For Property Tax mobilisation alone, he said the assembly had collected GH¢ 7,294,090 from January to April this year as compared to GH¢466,568 last year.
“The Property rate generated for the whole of last year was GH¢ 12,355, 844, comparing that to the property rate collected from January to April this year is a huge performance by the assembly, and this means that, we can reach our annual target even before the end of the year,” he said.
He noted that since the implementation of the system, the assembly had been recording high growth in its revenue mobilisation, recalling that, the assembly increased its revenue by 100 per cent from the previous year as compared to 2024 when the system was implemented.
He stated that Korle Klottey was one of the first municipalities to secure approval for an “in-house built software” from the Auditor General for property rates collection.
“The success of the digitalisation effort has attracted attention of the Regional Coordinating Council and the Local Government Service and close to 40 Metropolitan and Municipal Assemblies across the country were sent to be trained to adopt it,” Mr Allottey-Gaisie added.
She said the assembly had begun training representatives from other assemblies on how to implement the software to improve upon their revenue mobilisation.
“The increased revenue has enabled the assembly to invest in community development projects, including the construction of shops, drains, and roads, as well as the renovation of schools and enhancement of security through streetlights, assembly’s goal is to continue to channel revenue back into the community, making it easier for residents to pay their taxes,” he said.
Touching on flooding in the area, Mr Allotey-Gaisie said KoKMA would soon commence the dredging of the Odaw lagoon, desilt storm and drains while taking sanitation as a priority.