LL District Council Slightly Misses Revenue Target
Lilongwe District Council has collected 94 percent of its revenue for the 2022/23 financial year, slightly missing its target for the year.
The council planned to collect K841 million, but by the end of March 2023 it had only collected K797 million.
Speaking at a media briefing at the end of the council’s 2022/2023 financial year, District Commissioner Dr Lawford Palani said they have underperformed and failed to beat the set target.
Dr Palani said the council had a deficit of about K50 million kwacha from the money it planned to be collected in the ended year.
“One of the major challenges to this state of affairs was resistance by some vendors to pay market fees, less effort on monitoring by the council and a lack of infrastructure and dilapidated infrastructure in revenue sources.
“The council has a K857 million target for its 2023 financial year. We hope that efforts that have been set will help us achieve this.
“We are calling on vendors and all those doing their operations in our designated markets to make their payment before end of May, failure to do that we will close their businesses,” warned Dr Palani.
Lilongwe District Council Chairperson Dan Mtayamanja said the council will intensify efforts to collect more revenue from the markets.
Mtayamanja said that would be the only way the council will develop.
“The council depends on markets to collect local revenue, but we have failed to beat the target because of a lack of proper facilities in the district’s markets. We hope this budget we will beat the target,” said Mtayamanja.
The council’s 2022/23 proposed budget is pegged at about K16 billion.
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