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    You are at:Home»Politics»LaDMA raises GH₵25.8m in IGF, targets greater financial independence
    Politics

    LaDMA raises GH₵25.8m in IGF, targets greater financial independence

    Papa LincBy Papa LincSeptember 2, 2026No Comments3 Mins Read6 Views
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    LaDMA raises GH₵25.8m in IGF, targets greater financial independence
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    The La Dade-Kotopon Municipal Assembly (LaDMA) is taking steps to reduce its dependence on the District Assemblies Common Fund (DACF) and other external sources of funding by strengthening its internally generated revenue mobilisation.

    The measures include optimising property rate collection, constructing a dedicated revenue mobilisation office and procuring a 14-seater bus to support revenue mobilisation, monitoring and enforcement activities.

    The Municipal Chief Executive (MCE), Mr Alfredos Nii Anyetei, disclosed this at a town hall meeting in La yesterday.

    The meeting, which was on the theme: ‘Participatory Planning and Budgeting: Accounting to the People,’ was organised to share the assembly’s performance for 2025 and the findings of the terminal evaluation of its 2022–2025 Medium-Term Development Plan with stakeholders.

    Mr Anyetei said the assembly’s Internally Generated Fund (IGF) performance for 2025 was highly satisfactory, while revenue received from the DACF fell short of expectations.

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    “The assembly exceeded its projected Internally Generated Fund for 2025, realising GH₵25,874,725 out of a projected GH₵21,824,300. However, only GH₵14,027,347 of the GH₵27,807,235 expected from the DACF was released in 2025 as at the end of the year,” he explained.

    He mentioned that the measures, being implemented, would strengthen local revenue mobilisation and enable the assembly to meet its annual revenue targets.

    According to Mr Anyetei, the assembly would increasingly plan its activities around locally generated revenue, with the DACF treated as a supplementary source of funding.

    He added that the Zonal Councils within the electoral areas would also be strengthened to enable them to play a greater role in project selection and monitoring.

    Mr Anyetei further indicated that although the assembly failed to meet its overall projected revenue target for 2025, its performance reflected significant progress in strengthening its internally generated revenue base.

    He said the implementation of the four-year development plan had also made considerable progress, increasing from 27 per cent in 2022 to 54.8 per cent in 2023, 81 per cent in 2024 and 97 per cent in 2025.

    Social services recorded an implementation rate of 98.5 per cent, while infrastructure recorded 96 per cent, he added.

    Additionally, Mr Anyetei said the next Medium-Term Development Plan, covering 2026 to 2029, would focus on financial realism, land readiness, climate resilience, local accountability and other issues affecting the municipality.

    Presenting the assembly’s 2025 financial performance, a Senior Social Development Officer at LaDMA, Mr Nii Ashitey Ollennu, said the assembly achieved about 81 per cent of its targeted revenue for the year, compared with more than 100 per cent recorded in 2024.

    Mr Ollennu said the assembly raised GH₵44,486,801 out of a projected revenue of GH₵54,634,028 in 2025.

    In 2024, he emphasised, the assembly realised GH₵24,726,262 against a revenue target of GH₵24,603,874, representing more than 100 per cent of the target.

    Mr Ollennu noted that the assembly also exceeded its projected IGF target of GH¢21,824,300 in 2025, raising GH¢25,874,725.

    He stated that the assembly had recorded a strong IGF performance in 2024 as well, raising GH₵19,212,013 against a target of GH₵18,900,000.

    The Senior Social Development Officer, however, said the assembly’s performance in mobilising the DACF remained unsatisfactory.

    He said only GH₵14,027,347 was received out of the projected GH₵27,807,235 in 2025, while GH₵2,276,416 was received out of a projected GH₵3,550,557 in 2024.

    BY VICTOR A. BUXTON

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