The Okaikwei North Municipal Assembly has set an ambitious target of GH₵9,650,522.00 as its Internally Generated Funds (IGF) for the year 2024.
The funds are earmarked for various projects and activities, including infrastructure development and healthcare initiatives.
Among the planned projects are the construction of a two-story three-unit classroom block and the ICT Library at Tesano. Additionally, the assembly aims to provide essential medical equipment, such as hanging scales, toddler scales, and stadiometers, for the Achimota Hospital.
The allocation will also cover sanitation efforts, desilting of drains and kerbs, decongestion exercises, Revenue Taskforce operations, and the procurement of furniture, fittings, and office equipment.
In comparison, the Assembly's IGF target for the year 2023 was GH₵7,764,322.00, and by October 31, 2023, they had realized GH₵5,533,359.87.
This revenue primarily originated from property rates, building permits, business operating permits, fees, rents, and fines.
Notable expenditures in 2023 included sanitation projects, desilting of drains and culverts, the purchase of a new revenue monitoring pick-up vehicle, decongestion exercises, and administrative tasks.
To achieve its IGF target for 2024, the Assembly plans to increase public awareness regarding the importance of obtaining building permits and paying property rates and market tolls.
The municipality has been divided into eight zones, each overseen by designated groups to ensure efficient revenue collection.
Mr. Nii Boye Laryea, the Municipal Chief Executive (MCE), emphasized the need to streamline expenditure to meet community needs.
He highlighted plans to enhance community engagement, seeking collaboration between the Assembly and residents for successful project implementation.
“We look forward to total cooperation and collaboration between the Assembly and the people. Let everyone do their part so that the Assembly can also do its part—and together, we can solve most of the problems the Municipality faces,” said Mr. Laryea, expressing hope for a positive impact in 2024.