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Regional News of Monday, 23 August 2010

Source: GNA

Ketu South District Assembly makes huge revenue

Denu (V/R), Aug. 23, GNA - The Ketu South District Assembly collected GHC446, 997.62 Internally Generated Fund (IGF) last year, a 66.43% jump over the 2008 figure of GHC296, 938.28, thanks to a revenue regime overhaul policy.

Property tax revenue for instance shot up by 2,240% to GHC62, 292.00 from just GHC2, 780.00 in 2008, as the reforms successfully roped in the financial, insurance, electricity, telecommunication and manufacturing entities, which hitherto enjoyed virtual property tax holidays.

Based on its novelty performance, the Assembly has set GHC850, 000.00 as the internal revenue target for this year,

Mr. John Kwadzo Addy, the District Finance Officer (DFO), told the He said about 20 people were being prepared for court for obstruction and failure to pay tax.

Out of the sanity introduced, he said building permits also brought in GHC45,588.0 or 97.62% over the GHC 23,069.00 in 2008, market tolls grew 11.34% or GHC97,007.24 from GHC87,124.25, waybills leaped 13.59% from GHC29,787.80 to GHC33,835.00 while public toilets made 161.38% or GHC29,641.00 from GHC11,340.00.

The Assembly, Mr. Addy said, despite failing to meet the actual GHc521, 000.00 target for 2009, felt satisfied with the 66.43% over the previous year's growth and would maintain and improve on the policy tempo.

He commended the renewed commitment of all sections of the Assembly including the collectors for the success.

He said out of the IGF, two staff quarters are being put at Tokor-Denu, rehabilitation works are going on at Agbozume, Denu-Hdzranawo and Aflao markets and the expenditure for maintenance of the military and police detachments often called in to assist.

Mr. Frank Amable, the Ketu South District Chief Executive, said two roads including the Beat Nine road have been awarded on contract for tarring and work would start soon.