The Bole District Budget Analyst Mr. Abdulai Razack, has urged Asembly Members and other stakeholders in the District to as a matter of urgency adopt prudent but drastic measures to increase the assembly’s Internally Generated Funds (IGF).
He said releases from central government had become unreliable and it was therefore imperative for them to come up with strategic measures that would help generate enough revenue for the operations of the district.
Mr Razack, who made the call during the Second Ordinary General Meeting of the 8th Assembly at Bole, in the Savannah Region, while presenting a draft of the 2022 Composite Budget and Fee Fixing Resolution pointed out that the District has a lot of revenue potentials and with commitment and dedication it should be able to mobilize enough to effectively perform its mandate.
The Local Government Act 2016 (Act 936) defines Composite Budget as, “The budget for a district which shall include the aggregate revenue and expenditure of all departments and organization under the District Assembly and the District Coordinating Directorate, including the annual development plans and programmes of the departments and organizations under the Assembly.
Composite Budget is key in ensuring that funds followed functions to give meaning to their staff transfers that took place, as it an aggregation of projected revenue and expenditure of the departments and institutions of the District Assembly.
Mr Abdulai while presenting the 2022 composite budget said the Assembly had chalked successes from the previous budget as in the provision of potable drinking water, establishment and renovation of classroom structures, upgrading of feeder roads , improving health care delivery, improving sanitation, growth in agriculture among others.
The assembly’s revenue projections for 2022 is pegged at ten million, two hundred and sixty three thousand, nine hundred and five Ghana Cedis twelve pesewas (10,263,905.12).
The Presiding Member,Hon.Jamani Bakari in his opening remarks said that the composite budget is a critical step geared towards eliminating the duplication of projects and programmes in the district with its attendant waste of resources.
He also underscored the need for the District Assembly to raise enough internally generated funds (IGF) to carry out its development projects.
He explained that the government sometimes delayed in releasing certain funds to the assemblies due to demands from other institutions and hence the need to adopt strategic measures in improving the District’s IGF.
The House ( Assembly Members), also expressed worry about poor academic performance of students at the Basic Education Certificate Examination (BECE) in the area in recent years.
They, therefore, called on all stakeholders including parents and teachers as a matter of urgency to collaborate efforts to find a lasting solution to the problem.