Mukono passes budget

Jul 10, 2006

MUKONO town council has endorsed a sh1b budget for the 2006/7 financial year.

By Joel Ogwang
MUKONO town council has endorsed a sh1b budget for the 2006/7 financial year.
Johnson Muyanja, the mayor, said this year’s budget estimates were about 15% more than last year’s sh742.6m. He hailed it as a poor man’s budget, saying it would address critical areas.
like agriculture.
re, education and infrastructure pertinent in development.
Muyanja said sh589.6m would be realized from grants, sh341.7m from other revenues and sh152.4m from income taxes, profits and capital gains.
“To boost our coffers, we will tax only commercial and rentable premises. This is because they make profits,” he said.
Presenting the budget at the town council board room on Friday, he said the banning of graduated tax had reduced the town council’s revenue base.
Muyanja said there is already resistance in levying new taxes, adding that sensitization work would be done to ease collection of other taxes.
“Some people still think the scrapping of graduated tax marked the end of paying taxes. We therefore have a massive task to convince them to pay other taxes we are introducing,” he said.
The mayor said roads and markets would be rehabilitated to boost transportation of agro-products and trade.

Ends

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