Tuesday, January 30, 2018

Wum Council Votes 695 M For 2018



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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