Every levy and rate collected locally is reinvested locally this policy is the council's commitment to turning your contributions into visible, local development.

Objective: Create a self-sustaining economy within the LCDA.

Immediate Strategies

• Conduct an audit of existing revenue sources to identify inefficiencies.
• Launch a public awareness campaign to educate residents about local taxes and fees.

Medium-Term Strategies

• Introduce incentives for local businesses to register and pay taxes.
• Develop an online platform for tax payment and revenue collection to streamline processes.

Long-Term Strategies

• Establish a business incubator to nurture startups and small enterprises.
• Create a local investment fund to support community-driven projects.

Funding Sources

• Local Taxes: Property taxes, business licenses, and market fees.
• Grants and Donations: Seek grants from government agencies and NGOs focused on community development.
• Public-Private Partnerships (PPP): Engage private sector partners to fund infrastructure projects and community services.
• Crowdfunding: Utilize platforms to raise funds for specific community projects or initiatives.