- 8 Marks
PSAF – Nov 2017 – L2 – Q3b – Public Sector Fiscal Planning and Budgeting
Describes revenue management and control measures to prevent revenue losses in public sector organizations.
Question
Revenue management is a challenge in many public organizations, including the Damsa District Assembly in which you are currently engaged as Finance Officer responsible for revenue management and control. There are rampant revenue losses resulting from delayed or unbanked collection, failure to assess and collect revenue, inappropriate use of value books, and poor record keeping, among others. Consequently, your Assembly has persistently failed to meet its revenue budget over the years and the Ministry of Local Government has recently cautioned the District Chief Executive (DCE) and tasked him to improve the revenue performance of the Assembly or face dismissal.
In a meeting with the DCE, he put it bluntly: “the Revenue Officer should do something about this immediately else I will fire him before I am fired. My head and your head are on the chopping board; you know it”.
Required:
As the Finance Officer responsible for revenue, describe FOUR revenue management and control measures you would put in place for the Assembly to remedy revenue losses pointed out in the case.
Find Related Questions by Tags, levels, etc.
- Tags: Control measures, Public Sector, Revenue losses, Revenue management
- Level: Level 2
- Topic: Public sector fiscal planning and budgeting
- Series: NOV 2017