Explanation:
The revenue of local authorities can be improved through the following methods:
(i) Grants from the central government should be increased.
(ii) Grants to local authorities should be paid regularly and promptly to encourage investment in viable projects.
(iii) Local rates should be reviewed and where it is low, it should be increased to cater for inflation.
(iv) The revenue collecting sector should be overhauled and only qualified officers with proven integrity should be responsible for collecting revenue.
(v) The local authorities should be allowed by the central government to raise loans more easily from financial institutions.
(vi) More revenue yielding projects should be embarked upon, e.g. agriculture, housing projects etc.
(vii) The local people should be well educated or mobilized to pay their rates regularly.
(viii)There should be regular auditing of the accounts of the local authorities.