The Municipal Chief Executive for La Dade-Kotopon Municipal Assembly (LaDMA) Rev Solomon Kotey Nikoi has educated Assembly Members on the new property rate reforms policy in the country, which seeks to address loopholes in property rate collections and rake in more revenue to the assemblies.
He made these known to the assembly members during the second Ordinary Assembly sitting held on Tuesday, September 1, 2022 at the assembly hall, La.
The MCE mentioned that the new policy is aimed at improving the country’s revenue mobilisation and collection efforts to turn around the economic fortunes of the country.
According to the MCE, the government has indicated it’s intention to implement a common platform for property rate administration in the country. He said, the broader property rate reforms aimed at implementing revenue mobilisation to address current challenges militating against property rate administration in the country.
Conferring to the assembly members, the MCE stated that government through the Ghana Revenue Authority (GRA) would assist the MMDAs to implement a common platform for property rate administration to enhance property rate collection and its accountability.
The MCE mentioned to the assembly members that, property rates has the potential to increase revenue mobilisation for the assemblies with high potential to boost provision of basic infrastructure to meet the needs of the communities.
On the property rate assessment and collection, the MCE bemoaned the major barriers against the assembly since its creation in 2012.