Monday 17 November 2014

Babessi Council adopts 2015 budget

By Njodzefe Nestor in Bamenda 
The sum of FCFA 625.081.000 balance both in revenue and expenditure has been adopted as the 2015 budget of Babessi Council. This was during the council’s budgetary session held recently and chaired by the 2nd assistant Senior Divisional Officer for Ngoketunja and attended by administrative, religious and traditional authorities of the division.
     The 2015 budget of the council witnessed a remarkable increase of FCFA 274.831.000 up from that of 2014. According to Mayor Choh Bouba, the reason for the increase is that the present 2014 budget execution as at 31st October 2014 stands at FCFA 355.701.444 realization before the financial year ends saying more revenue will be collected.  He went on to explain that the Council has budgeted new heads in revenue and expenditure and shall intensify revenue collection for 2015 budget.  The budget, he said, is going to involve more revenue generating activities than social amenities contrary to the case with the 2014 budget.
    The recurrent revenue he said is FCFA 417.981.000frs representing 66.9 percent while investment revenue is FCFA 207.100.000frs representing 33.132 percent of the total revenue.  Meanwhile, operating expenditure he said stands as FCFA 303.581.000 representing 48.57% of the total expenditure, while investment expenses will stand at FCFA 321.500.000 representing 51.43% of the total revenue.  The budget is backed by a plan of action that was adopted by the councilors during the council session.

    The second assistant divisional officer who represented his boss, Kuela Valerie Nobert, on his part urged the councilors to be aware that the 2015 budget they adopted was not money kept some where.  They are to adopt a strategy to go about revenue collection to meet up with the adopted amount. 
    He went ahead and congratulated the Babessi Councilors and Council Staff for their maturity in their development strides saying the Council is more mature than other old council. He however urged the new Council team to be aware that election are over and as a single wining team, they should not operate on political sentiments.


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