Shama District Assembly To Spend 20% of DACF on NaBCo

Shama District Assembly To Spend 20% of DACF on NaBCo

The Shama District Assembly is expected to expend 20% of its Common Fund on beneficiaries under the Nation Builders’ Corp.

The assembly, according to the DCE Joseph Amoah has received its allocation of the District Assemblies Common Fund (DACF) for the 3rd and 4th Quarters of 2017.

At the Fifth ordinary meeting held on Thursday, April 26, 2018, Joseph Amoah mentioned of a new guideline for the utilization of the District Assembly Common Fund which has been effected by the Administrator of Common Fund. He adds “the policy takes effect with this year’s allocation and per the new guidelines”.

Mr. Amoah noted, 40% of the allocation will go into School Feeding program, 20% to the Nation Builders’ Corp, 20% to the Planting for Food and Jobs whilst the remaining 20% goes to fund the Assembly’s programs and projects.

He continued that the assembly would have to realign its budget, Medium term Development Plan and Annual Action Plan for 2018 to reflect the changes.

Acknowledging a need to mobilize funds to support the assembly’s developmental plan, Mr Amoah charged members of the assembly to proactively engage with the citizenry to deepen knowledge on taxation and revenue mobilization. He intimated the collective action from assembly members is needed to improve their local revenue collection.

In 2017 fiscal year, the Shama District Assembly was able to generate internally, an amount of GH¢ 673,059.70.  This represent a marginal increase of 9.87% of its IGF in 2016 (GH¢ 612,543.79).

Kojo Ennimil Arthur|Spicefmonline.com|Ghana

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