Agriculture Reference
In-Depth Information
house. The percentage contributions of the sources of funds are shown in
Figure 4.12. The chart shows that ICOUR's largest revenue source is from
contracts (hiring of land to contract farmers). The payment of contracts is
apparently more reliable than revenue from water levies.
Figure 4.12: Annual contribution from the sources of Internally Generated
Funds of ICOUR.
Records obtained for the 2005/06 farming season showed that the
management at Tono collected 57% of the target irrigation water levy while
it achieved 48% of targeted funds from ICOUR projects. In the 2006/07
farming season, Vea management collected 70% of its target revenue. There
was no target for other services, but an insignificant amount of less than
US$100 was collected from mechanical services. This shows that ICOUR
achieves low revenue collection rates. The management has blamed the low
water levy collection on the poor state of the water distribution and water
control infrastructure. Management is optimistic that after successful
rehabilitation, which is ongoing, the situation will improve.
In the operational report for both irrigation schemes of 2009, ICOUR stated
that it could raise 40% of its projected internally generated funds and that it
only received 60% of the funds requested from the Government of Ghana.
The inability of ICOUR to achieve its budget estimates implied that several
targets could not be met.
Farmer Support Services
Some of the responsibilities of the management are to provide tractor hiring
services, technical advisory services, sell farm inputs to project farmers, and
assist in the organisation of credit and marketing for small-scale services.
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