An Assessment of Internally Generated Funds Towards Development of District Assemblies: a Case Study of Bolgatanga East Assembly

Abstract

The aim of this research therefore is to assess the generation of IGFs towards development of Bolgatanga East District Assembly. Questionnaires were used to gather data from a sample of 39 respondents out of a total of 64 study population. For descriptive analysis, statistics such as frequency, mean, and standard deviation were used. We also employed ranking and trend analysis. The outcomes were presented using tables. According to the findings of the study, the district still relies on the traditional sources of Internal Revenue such as Lands, Rates, Fees, Fines, Rents and Licenses. Though, total IGFs is on an upwards trend, not sufficient was generated for the needs of the district. The findings revealed slow business activities, ineffective planning and strategies as some challenges to revenue collection. Nevertheless, the IGFs contributed in the area of education, health, agriculture among others to enhance the development of the district. The study recommends to the assembly to diversify its IGFs source away from only the traditional sources to proper rates, tourism, private partnership among others to help raise needed funds and speed up development in the area. Also, strategies for IGFs generations should redesigned and made more effective and measures put in place to encourage payment, accountability and transparency in revenue collection and utilization.