Adaklu: Mr. Jerry Yao Ameko, Adaklu District Chief Executive, announced that the Assembly has undertaken significant financial efforts in the first half of 2025 to effectively mobilize and manage resources for local development. The Assembly had projected GHC505,000 in Internally Generated Funds (IGF) for 2025, but as of June 2025, only GHC184,924.83, or 36.62 percent, had been collected.
According to Ghana News Agency, Mr. Ameko, who also serves as the Dean of Volta Region MDCEs, made this disclosure during his sessional address at the Second Session of the Fourth Adaklu District Assembly meeting at Adaklu Waya. He highlighted that the highest performing revenue item was Investment Income, achieving 196.05 percent of its target due to improved financial returns. Conversely, Property Rates, Licenses, and Fines underperformed, collectively achieving less than 10 percent of their targets.
The IGF performance has seen a decline compared to previous years, with the Assembly collecting 43.07 percent of its target for Fees and only 6.89 percent for Licenses midway through the year. The total revenue expected from all sources for 2025 was GHC9.9 million, with actual inflows by the end of June reaching GHC3.08 million, representing 30.91 percent of the target.
The Government of Ghana Compensation emerged as the major revenue source for the Assembly, contributing GHC2.78 million or 79.02 percent of the target. Other sources, such as the District Assemblies Common Fund, had not recorded significant inflows by the end of June.
The Assembly had budgeted GHC10.17 million for total expenditures in the year, with GHC3.51 million, or 34.54 percent, expended by mid-year. Compensation accounted for the largest share of spending at GHC2.81 million, representing 77.68 percent performance. Goods and Services accounted for GHC63,325.95 million, or 18.40 percent, while Assets expenditure was GHC340,000, representing 7.43 percent, indicating limited capital investment execution so far.
Mr. Ameko noted that the overall revenue and expenditure performance for the first half of the year lags behind 2023 and 2024. Despite budget increases across all categories, execution rates, especially for capital projects and IGF mobilization, remain modest. He emphasized the urgent need for the Assembly to enhance IGF mobilization, particularly for property rates and licenses.
The Assembly plans to consider strategies to boost asset investment and service delivery in the second half of the year. Mr. Ameko highlighted the delayed release of statutory funds as a setback to the Assembly's project implementation. He urged Assembly members to educate and mobilize their communities to generate more revenue, enabling the Assembly to undertake its planned development projects.
