THE Tamale Metropolitan Assembly (TaMA) has dispensed part of its first quarter allocation of the Common Fund to honour outstanding debts owed contractors and other service providers.
The assembly noted that, even though its share of the fund was far below expectation, “the assembly still managed to service a number of outstanding debts and embarked on other development projects in the metropolis.”
The Mayor of Tamale, Alhaji Abdulai Harruna Friday who disclosed this at the second general assembly meeting for the year in Tamale on Monday, said the assembly received a total amount of GH¢ 218,737.00 for the first quarter.
He explained that, “the guidelines for the utilisation of this year’s funds emphasised on paying outstanding commitments before embarking on new projects.”
Other areas the assembly expended the funds included the maintenance of security and the education sector.
On the mobilisation of local revenues, Alhaji Friday indicated that the assembly was on course to achieve its target for the year. So far, the assembly has mobilised an amount of GH¢319,371.86 representing 68 percent out of the targeted amount of GH¢474,919.67 between January and July this year.
“It is sad to note that not much was generated from the Central Business District where a lot of economic and commercial activities take place. This is a lean season for revenue mobilisation in the north especially in respect of food items; it is therefore hoped that by the end of December, we could make substantial gains in our revenue mobilisation drive,” he stated.
The mayor also added that the Budget and Finance sub-committees of the assembly were collaborating to identify additional potential sources of revenue to enable the assembly generate more funds for projects.
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