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    Tuesday, 12 December 2017

    Runde RDC collects 81% budget revenue


    ALLIEWAY NYONI

    ZVISHAVANE - Runde Rural District Council (RDC) in the Midlands Province has probably one of the best budget performances for any local authority in the country this year after it managed to collect 81% of the budgeted revenue.
    Finance department chairperson Morgan Msipa told a full council meeting that the local authority had a budget of $2.530 895.92 for 2017 and so far 81% or $2.035 083.58 of that has been accounted for.
    He said most of this money is coming from debts owed by ratepayers.
    The figure is far much higher than average budget performances for many previous years that stood at 60%.
    "It is our highest income collection in many years as our average has been between 60-70%. The other factors that helped us achieve that figure is housing plans and layout approvals by the relevant ministry," said Msipa.
    Runde RDC is owed $1,2 million by its debtors  and the full council resolved that debtors submit payment plans for what they owe. Runde RDC owes its creditors $400 000 and a resolution was made to increase the number of income generating projects to clear the debts.
    Runde Finance Director Tarirayi Sibanda told the meeting that the 2018 budget proposal is $2,9 million and this had already been submitted to the relevant Ministry for approval.
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