Obuasi, Nov. 12, GNA- The Obuasi Municipal Assembly (OMA) has consistently recorded improvements in its revenue generation over the years as a result of the introduction of an effective and efficient revenue mobilization mechanisms.

Mr Joe Boampong, Municipal Chief Executive, who announced this at the general assembly meeting at Obuasi, said as at September 30, the assembly had collected 98.8 per cent of the revenue targeted for the first three quarters of the year.

"Out of an estimated revenue of 661,365.51 Ghana cedis, we have been able to collect 653,594.75 Ghana cedis as at September 30, representing 98.8 per cent of our third quarter collection", he said. Mr Boampong said the assembly projected to collect 881,820.77 Ghana cedis for the year and if by September 30 they had collected 653,594.75 Ghana cedis, it meant, "we were operating at optimal level and that out budgeting practices are efficient and effective".

He said the assembly intends to do better as the year got to a close and that measures had been instituted to "even improve our revenue generation effort".

Some of the measures included the change of stations of all revenue collectors, reverting the collection of property rates to the regular collectors and the positioning of security personnel to assist revenue collectors to collect fees from Sand and Stone Contractors. He appealed to assembly members to support these efforts to help the assembly to maximize revenue mobilization and thereby reap maximum benefits.

"As a result of the efficiency and effectiveness we have introduced into our revenue generation system, it has been decided that the assembly would not make any changes in its rates notices and fee-fixing resolutions for 2007", he added.