Obuasi Assembly Fails To Meet Revenue Target

The revenue collection performance of the Obuasi Municipal Assembly for year 2015 was poor – raking in GHȼ3,755,160.76 out of the targeted figure of GHȼ12,670,378.37, 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 GHȼ1,880,775.46 out of the anticipated amount of GHȼ9,885,355.61, representing 19 per cent.

The financial resource constraint affected the assembly’s spending as it could spend only GHȼ3,284,057.98, which was 28.8 per cent of the budgeted expenditure of GHȼ12,670,378.37 for the year.

The DCE touched on internally-generated funds (IGF) mobilization and said it did not do badly during the period.
Out of the projected figure of GHȼ2,785,022.76 it had collected GHȼ1,874,385.47 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 11 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.

These include the three kilometer 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-progress of the municipality.