MTC OWN REVENUE COLLECTION HITS 59PC OF THE TARGET

Tarehe ya kuwekwa: March 13th, 2024

By Alex Nelson Malanga

Information Officer….Mbinga TC

Mbinga. Mbinga Town Council (MTC) is seeing the light at the end of the tunnel as its own source revenue collection has in the first half of the current financial year reached 59 percent of the target.

Mbinga Town director Ms. Amina Seif said last week that in the first six months (July to December) of the 2023/24 Financial Year, some Sh1.45 billion was garnered.

For the entire 2023/24 Financial Year, the Council is set to collect Sh2.476 billion.

Banking her hopes on the new sources of revenue, Ms. Amina said: “We have what it takes to achieve the current financial year’s target of Sh2.476 billion.”

During the current financial year, the Council has added new revenue sources on its list and they include parking fee, billboard advertising fee, property tax and land rent.