Property Tax And The Management Of Revenue In Lira Municipality

ABSTRACT

The main purpose of the study was on the property tax and the

management of revenue in LMC. •The major objectives of the study were

to examine how assessment on property tax affect management of

revenue, to find out how the mode of property tax collection affect

management of revenue, to find out the extent to which the amount of

revenue on property tax affect the management of revenue and to assess

the effect of sensitization of local community on property tax and the

management of revenue .

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A descriptive research design was used to establish the effectiveness of

the process of property tax adrr:-inistration and the management of

revenue together with appropri'ate data collection instruments which

included questionnaires, interview and observations. In the analysis of

data, techniques used included tables, graphs, pie charts using

information obtained from the Likert scale.

Data from the field was analyzed with the help of Spearman's rank

e01n::i&.tlo1i. Lu esta.oiish the :relatiorn:,hip between property tax and the

management of revenue in LMC.

Basing on the above objectives, the findings remarked tha~ property tax

and the management of revenue process is effective though not efficient where assessment, valuation, education, sensitization and monitoring and evaluation were in place. Considering benefits from the local revenue, the cost of monitoring, registration and collection are high thus lowering revenues which would have been collected

The recommendation drawn included that LMC should regularly conduct sensitizations meetings with property tax payers in order to bring about compliance and that serious penalty be enforced on defaulters and those who pay beyond the scheduled period? This is because then property tax system cannot work effectively unless the LMC puts up spirited efforts towards the collection of property. tax due. New strategies should be identified for locating property owners who are not registered so that loss of tax revenues could be reduced.