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MEANS FOR THE COLLECTION OF RESOURCES

MEANS FOR THE COLLECTION OF RESOURCES. Presented by Mory KANTE – General Director of the Road Authority of Mali, by the fact a Road Maintenance Fund (RMF), MALI. BASIC PRINCIPLES. Grant priority to road maintenance Roads are a public asset and a service

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MEANS FOR THE COLLECTION OF RESOURCES

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  1. MEANS FOR THE COLLECTION OF RESOURCES Presented by Mory KANTE – General Director of the Road Authority of Mali, by the fact a Road Maintenance Fund (RMF), MALI

  2. BASIC PRINCIPLES • Grant priority to road maintenance • Roads are a public asset and a service • Imputing costs to the road users; each user contributes to the payment according to his use of the structure • Roads should be managed just as any marketable service • Demand the greatest rigor in terms of good governance

  3. THE FIRST INFORMATION Four essential problems can be seen: • Resolve the problem of chronic lack of financing of road maintenance • Improve the efficiency in the use of the funds • Optimise the application of resources • Show the impact on the quality of the road network

  4. THE LEGAL FRAMEWORK AND THE NATURE OF THE FUNDS • The resources and expenditures of the RMF are determined by Law • The roles to be played are defined by Law, as well as the nature of the work that can accepted for financing • Special and final clauses concerning the management structure (Administrative Council, Management Committee and General Direction – must all be defined by Law) • The road user fees are generally instituted by Governmental Decree

  5. THE NATURE OF THE FUNDS • Its own resources: • Road user fees based on: - petroleum products - taxes based on vehicle size - other • fees to be paid at a toll booth • Appropriated resources: • subsidies or State contributions or funds from a collectivity • loans received by a Government from national or foreign financial institutions • income from the investment of available funds • various receipts, gifts and donations

  6. THE COLLECTION PROCESS AND THE AVAILABILITY OF THE FUNDS • Necessity to open an account in a recognised commercial bank in order to receive the collected resources • Since the resources are generally collected by public accountants (customs agents and accountants from the public treasury), it is necessary to send out an inter-ministerial memo defining the methods for collecting the resources, and their actual means of getting them into the account opened in the name of the road maintenance fund • The frequency with which the funds are to be made available is also defined in these same conditions • The RMF must have accounting and financial supports to assure weekly controls (payment sheet and stubs on the receipt book)

  7. THE CONTROL SYSTEM • Elaborate a Manual for administrative and accounting procedures • Have an internal control structure within the RMF • Annually have an outside auditor carry out controls • Publish the results

  8. SUMMARY • Define the legal nature of the funds (receipts and expenses) • Create an autonomous fund • Assure a good administration of the funds • Define totally transparent procedures for the collection and availability of the funds to be put into the bank account for road maintenance • Have the accounts audited • Publish the results

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