THE Harare City Council (HCC) town clerk Hosiah Masango said the council is determined to explore new revenue streams to ease pressure on ratepayers and also pledged to recover $925 million it is owed,Zim Morning Post has learnt.
Speaking at the city’s Rapid Results Project Mid Term Review Workshop at Town House this week, Chisango said the rapid results initiative aims to come up with revenue enhancement strategies and cost containment measures.
“Licensing, land and lease management markets, billboards and building inspections are key revenue streams that if fully exploited can change the fortunes of council”
“Leases management remains a non-performing revenue stream and it is my hope that with the programme we will be able to fully exploit full potential of this income,” he said.
Chisango said council needs to recover money owed by debtors which amounts to more than $925 million.
He said council can rake in funds from regularization of all settlements built on land zoned residential.
“Those wetlands, institutional land and other critical services sites cannot be regularized. I therefore implore the responsible team and department to expedite the implementation of this resolution,” he said.
Churches make up part of the council’s major debtors with a cumulative debt of $10 million in rates, rentals and other services they have failed to pay.