Tiko Council adopts over 1.84 billion FCFA budget for 2024.

The sum was approved by councillors of the Tiko Council during the budgetary session which held at the Council Chamber last December 20, 2023. 
The 2nd ordinary session of the council for the 2023, which was dedicated to the examination and adoption of its 2024 draft budget, was presided at by the First Deputy Mayor of Tiko Council, Efite Andrew, on behalf of the Mayor, HRH Peter Ikome Mesoso III.
The session unfolded under the watchful eyes of the Senior Divisional Officer, SDO, of Fako, Chaibou.
Speaking during the session, the First Deputy Mayor said the 2024 budget, estimated at 1.84 billion FCFA, was realistic, performant, gender-sensitive and achievable. 
The 2024 budget, balanced in revenue and expenditure, shows an increase of 5,773,020 FCFA as compared to 1,840,886,980 FCFA budgeted in 2023, representing a 0.31% increase. 
According to the First Deputy Mayor, the budget for 2024 was drawn up taking into consideration the increasing security atmosphere favouring business activities in the municipality, reforms within the tax administration and the Mayor’s determination to effect gradual but massive development approach from the villages through neighbourhoods to the entire subdivision.

Optimise revenue collection   
To ensure the effective execution of the 2024 budget, the Deputy Mayor outlined a number of strategies to optimise revenue collection in 2024. 
Efite Andrew mentioned strategies such as improving the security situation of the municipality and collaboration between the tax administration, Council staff and the population as well as establishing a viable incentive scheme for all stakeholders.
 

Budget breakdown
A breakdown of the 2024 Tiko Council budget shows that of the 1,846,660,000 FCFA, recurrent revenue stands at 1,150,600,000 FCFA while investment revenue is estimated at 696,060,000 FCFA. 
In terms of expenditure, figures show recurrent expenditure stands at 938,710,000 FCFA while investment expenditure is rated at 907,950,000 FCFA.   

Action plan
With the 2024 budget witnessing a remarkable evolution, the councillors were informed of the Mayor’s strong will to slowly but surely migrate from the classical budget (a budget by means) to the programme budget (a performance-based budget). 
The programme budget presented to the councillors was assembled in four axes, notably improving the provision of basic service; promotion of economic development and environmental protection; promoting citizenship, sports, culture and youth support; and governance and local administration.
Moving into the fourth year of Mayor Mesoso III’s stewardship at the helm of the Tiko Council, the municipal authority acknowledges that much still remains to be done to improve the living conditions of its denizens.
In this light, the Council intends to embark on some ambitious projects as presented in the Annual Invest Plan, AIP, thanks to internal funds and from the Public Investment Budget, PIB.
These projects include the rehabilitation of earth roads, construction of six culverts and drainages, acquisition of a grader and manual compactor, installation of solar street lights, operationalisation of the Mutengene Water Project, as well as a detailed studies for the construction of Five Star hotel. 
Under the public investment funds, the council envisages for 2024 the pavement of roads in Likomba, rehabilitation of roads in Ombe, construction of integrated health centre in Ombe Native, renovation of the Tiko mortuary and a public school in Mutengene, renovation and equipment of a gymnasium in Tiko, have all been envisaged for 2024.