Councillors of Wum Council during Budgetary session |
The 2018
draft budget for the Wum municipality, the third of the 4 councils in Menchum
Division, stands at 695 million FCFA, witnessing 233 million francs decrease in
absolute terms and 74.9% drop in relative terms to the 2017 budget which stood
at 928M FCA. The budget was voted on December 12th 2017, at the Wum
Town Hall.
Mayor Dighambong
Anthony Mvo called on councilors, the Council Exco, the administration and
partners of the council to collaborate to help realize the budget which is only
a draft. He said the council is going through tough times due to the prevailing
socio-political crisis in the region with many businesses reluctant to pay
their taxes.
Details of
the draft budget shows the council will invest 53.8% of the anticipated budget and
the rest, 46.2% would be set aside for functional expenses.
The major
sources of revenue would remain taxes, fiscal revenue, transfers from the state
and proceeds from council property.
The S.D.O for Menchum, Kamga Charles Closing the session |
Closing
the session, The S.D.O for Menchum, Kamga Charles, implored the councilors to
put the interest of their population above all other and for each to contribute
their quota to meet up with the target of the municipality. He advised them to
take the current crisis as a challenge, go out and sensitize the population in
order to meet up with the tag of “the budget of community involvement and
participatory development. The budget he concluded is realistic and within
reach.
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