Mbarara City to collect over UGX 9b from local revenue
Mbarara City Council authorities have laid strategies which they expect will enable them to collect UGX 9.1 billion Local Revenue in the financial year 2023/24.
Speaking during the city Council’s budget Conference meeting held at Adit Mall in Mbarara city, Robert Mugabe Kakyebezi, the Mbarara city mayor said that the city collected local revenue worth UGX 3.4 billion in the financial year 2020/21 up from ugx 2.9 billion collected in 2019/20.
“As a city, we still believe that our potential is close to UGX10billion and we are working towards achieving this. In this running budget, we budgeted for local revenue of UGX 9.1billion and we have so far collected UGX 3.8billion. There is a difference of UGX 5.3billion,” said Kakyebezi.
Kakyebezi revealed that in the past two years, the collections have been low due to the Covid 19 Pandemic.
Richard Mugisha, the Deputy City Town Clerk said that the city council created a revenue department which will focus only on accounting and expenditure of funds generated from local Revenue sources and boosting the collection.
He cited the use of the Integrated Revenue Administration System (IRAS) as one of the strategies.
Mbarara city total budget stands at UGX.45billion; whereby UGX 9billion approximately 20% of the total budget is expected to come from local revenue collection, discretionary government transfers of UGX 8.7billion, conditional government transfers of UGX 21billion, and other government transfers of UGX 1.2billion