The Mayor and City Council has failed to complete this year’s budget by its February 20 deadline.
However, City Hall has assured that the Chairman of the Council’s Finance Committee, Junior Garrett is in the process of finalizing the budgetary allocations of the seven departments of Council.
The budget is expected to be presented to the public early in March.
According to Royston King, Public Relations officer, the Council’s main revenue basin remains tax collection and as such, new and innovative measures are being put in place to improve the efficiency of collecting property rates.
In addition, Council is contemplating ways of monitoring municipal services to ensure that it gets value for money and increases its service delivery capacity.
He pointed that the challenge now is to strike a reasonable balance between the provision of municipal service to citizens, and the property rates home-owners can afford to pay to the municipality.
King stressed that it is no secret that for years Council’s expenditure has out-stripped its revenue. As such, there are “irritating” gaps between the expectations of citizens and the ability of council to meet those expectations in the provision of essential municipal services and facilities.
This year, the Council anticipates a new and different approach to developing and monitoring its financial systems. The council is likely to encourage greater involvement and support to its projects and activities in local communities.