The Bamenda III Council will be operating on a budget of FCFA 589 million for the 2018 financial year. This amount was voted during the council session that took place recently at the council hall. The 2018 budget went up from FCFA 550 million in 2017 giving an increase of 7.01 per cent in relative terms and FCFA 39 million increase in absolute terms. The increase was attributed to the fact that the National Community Driven Programme, PNDP has continued to transfer competencies and resources to councils as well as other income generating activities embarked on by the council. As per law number 2009/011of 10th July 2009 relating to the financial regime of Regional and local authorities, the council has allocated 40.01 per cent of its budget for investment, 59.9 per cent for operating expenditure and 26 per cent of the operating expenditure will be used for staff expenses.
The councillors have agreed to work as a team in order to achieve their goal which is to improve on the livelihood of the people living within the Bamenda III municipality. As to how the money will be spent, the Mayor of Bamenda III council Fongu Cletus, explained that their priority projects for 2018 will be to extend water to some neighbourhoods like PMI Nkewn, Tene-Tene amongst others. Road rehabilitation and the opening of new roads is also top on the agenda. The mayor equally disclosed that construction of some markets are eminent within the municipality, such as the Ntasen Market which will begin in January. He regretted that 2017 was a difficult year for the council as it was unable to collect some taxes which would have been used to develop the municipality. He prayed that solutions be found to the Anglophone crisis so that things get to normal. He also revealed that councillors have agreed to continue sensitising the population so that they can pay their taxes. Mayor Fongu Cletus appreciated the PNDP for helping the council come out with a five-year development plan. He said the plan has been envisage to be elaborated as from January 2018. He was optimistic that the strategic development plan will enable the council carry out development within the municipality in a more orderly manner.