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    Friday, 22 November 2019

    Chiredzi RDC unveils $33,2m 2020 budget


    MORRIS BISHI
    CHIREDZI BUREAU

    CHIREDZI – Chiredzi Rural District Council has adopted a $33,2m annual budget for 2020 with tariffs increasing by between 700 and 1000%.
    The high percentage increases are in response to the high inflation in the country.
    The $33 266 523.00 budget will be mostly funded by domestic rates and government fiscal transfers with $24 563 373.75 expected to come from rates and $8 703 149.25 being government fiscal transfers.
    Capital projects like construction of an administration block, classrooms and teachers’ houses in all resettlement  wards as well as construction of health centres in all wards, dam scooping, borehole rehabilitation and drilling, motorized road grading and construction of dip tanks are expected to cost $18 464 468.00 which is 64,7percent of the total budget.
    Presenting the budget to a special full council meeting last Friday Finance Committee Chairperson Murawu Munyengeri said the 2019 budget of $7 356 410  is distorted and difficult to calculate as the collections were in United States Dollars.
    Chiredzi RDC Executive Officer for Finance Misheck Kutumba said the $33,2m budget for nex year which was adopted by council before approval by the Minister of Local Government does not reflect what is demanded on the ground as people demanded projects which are worth over $600 000 000 during budget consultative meetings.
    #Masvingo Mirror#
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