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RELATIONSHIP BETWEEN REVENUE MOBILIZATION AND PERFORMANCE OF LOCAL AUTHORITIES IN KENYA BY TO ROME P.K. D61/78970/2009 A RESEARCH PROJECT PRESENTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF THE

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Point 1: Understand the concept of revenue mobilization

1. Revenue mobilization refers to the process of collecting and managing funds for public expenditure by the government or any organization.
2. It involves various strategies and techniques to increase the revenue generated through taxes, fees, tariffs, and other sources.

Point 2: Identify the stakeholders who need the relationship between revenue mobilization

1. Government entities: Governments need a strong relationship with revenue mobilization to fund public services, infrastructure development, and social programs.
2. Businesses: Businesses need to understand the revenue mobilization system to comply with tax regulations, manage their finances efficiently, and make informed investment decisions.
3. Individuals: Individuals need to be aware of the relationship between revenue mobilization to understand their tax obligations, benefits, and rights.

Point 3: Establish effective communication channels between stakeholders

1. Government agencies responsible for revenue mobilization should provide clear and accurate information about tax policies, procedures, and changes.
2. Regular workshops, seminars, and training sessions can be organized to educate businesses and individuals about revenue mobilization.
3. Online portals and helplines can be set up to address queries and provide assistance to stakeholders.

Point 4: Foster transparency and trust in revenue mobilization

1. Governments should establish mechanisms to ensure transparency in the collection, allocation, and expenditure of public funds.
2. Regular audits and financial reporting can help build trust among stakeholders.
3. Providing channels for stakeholders to provide feedback, raise concerns, or report any irregularities in revenue mobilization can help maintain accountability.

Point 5: Promote collaboration and coordination among stakeholders

1. Governments, businesses, and individuals should work together to identify areas for revenue growth and develop strategies to enhance revenue mobilization.
2. Regular consultations and discussions can help stakeholders understand each other's perspectives and find common ground.
3. Collaboration can lead to the development of fair tax policies, incentives for businesses, and improved compliance from individuals.

Point 6: Continuously monitor and evaluate the relationship between revenue mobilization

1. Regular monitoring and evaluation of revenue mobilization systems can help identify gaps, challenges, and areas for improvement.
2. Feedback from stakeholders should be taken into account to make necessary adjustments to tax policies or procedures.
3. With changing economic conditions and evolving business environments, the relationship between revenue mobilization should be regularly reviewed to ensure its effectiveness.

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