Revenue Enhancement Strategy Pdf
As indicated this document seeks to identify causes for non payment and to develop a strategy to address those challenges.
Revenue enhancement strategy pdf. This revenue enhancement strategy is a combination of bringing about additional revenue streams and also increasing revenue within existing revenue streams. Planning department had slightly increased revenue collection tax point no. The two strategies closing the revenue gap strategy and new revenue generation strategy are two part of the same bigger strategy. Revenue enhancement strategy function problem statement or challenge extent of the problem or revenue loss strategies activities or intervention revenue impact budget or financial implication timeframe responsible unavailability of serviced stands for integrated human settlements with h 33 000 housing backlog with over 50 gap.
It includes revenue categories not ordinarily expected to derive substantial revenue in rand value terms and. The table below presents actual revenue during the 2015 16 financial year as well as the budget revenue it then continues with the variances per each service offered and the reasons why in certain instances greater letaba local municipality under achieved the budget. 1 1 1 revenue enhancement strategies a strategy is the direction and scope of an organization over a long term. Developing effective turnaround strategies generally requires the following four phased approach this ensures that the desired revenue enhancement outcomes are achieved and sustained in the long term.
The development of the revenue enhancement strategy was then prioritised for implementation in 2009 2010 integrated development plan idp. Section three revenue enhancement strategy 4 3 1 short term 4 3 2 medium term 10 3 3 long term 11 section four resource plan 13 section five proposed action plan 16 section six proposed communication strategy 21 annexure a workflow chart of revenue management cycle 26. The objective of any successful revenue enhancement strategy is to build and improve on current payment levels and then to recover arrear debt. Point of departure for our revenue enhancement strategy.
Which gives advantage for the organization through its configuration of resources within a challenging environment to meet the needs of markets to fulfill owners expectation biggadike 1976. 1 1 1 revenue collection in kenya government of kenya raises most of its revenue through enhancing elasticity of the existing tax system that is rationalizing and regulating expenditure through strict fiscal. 98 kenya revenue authority 2006.