Evaluating the challenges of internally generated funds in techiman north district assembly- ghana

The study has been designed to analyze the Challenges of Internally Generated Funds and its contributions; evidence from Techiman North District Assembly. The purpose of the study was to acquire in-depth knowledge about the various sources of Internally Generated Funds (IGF) and to clarify our understanding of problems associated with the assembly’s revenue generation. A purposive sampling technique was used. Primary data was the main source of data for the study. The researchers administered questionnaires to assembly members, unit committee members and opinion leaders in the district. It was disclosed that Techiman North District Assembly had the following as its sources of internal generated funds; rates, lands, (excluding stool lands), fees and fines, licenses, rents, investments. It was also found out that mobilized revenue is used to construct roads, setting of social amenities, improving the agric sector and building schools. It was concluded that the awareness level of respondents on the taxes charged by the Techiman North District Assembly was low and generation of internally generated funds is faced with a lot of challenges which needs to be addressed immediately. It was recommended that there should be provision of appropriate logistics and incentives to revenue collectors who exceed their targets. There should be sanctions for tax payers who default.