TABLE OF CONTENT

TITLE PAGE i

APPROVAL PAGE ii

DEDICATION iii

ACKNOWLEDGEMENT iv

TABLE OF CONTENT v

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY 1

1.2 STATEMENT OF PROBLEM 9

1.3 OBJECTIVES OF THE STUDY 10

1.4 SIGNIFICANCE OF THE STUDY 11

1.5 SCOPE AND LIMITATION OF THE STUDY 12

1.6 STATEMENT OF HYPOTHESIS 13

1.7 DEFINITION OF TERMS 15

CHAPTER TWO

LITERATURE REVIEW

2.1 INTRODUCTION 16

2.2 CONCEPT OF FINANCIAL MANAGEMENT 18

2.3 THE NEED FOR LOCAL GOVERNMENT 19

2.4 SOURCES OF LOCAL GOVERNMENT FINANCE 23

2.5 FINANCIAL MANAGEMENT RESOURCES 26

2.6 RECRUITMENT OF PERSONNEL 29

2.6.1 INTERNAL AUDIT 30

2.6.2 COST CONTROL 32

2.6.3 CASH BUDGET 32

2.7 FUNCTIONS OF THE CHAIRMAN 33

2.8 FUNCTIONS OF THE TREASURER 35

2.9 MANAGEMENT OF THE AVAILABLE FUNDS. 38

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 RESEARCH DESIGN 40

3.2 AREA OF THE STUDY 40

3.3 POPULATION OF THE STUDY 41

3.4 SAMPLE AND SAMPLING PROCEDURE 41

3.5 ADMINISTRATION AND COLLECTION OF DATA 42

3.6 SOURCES OF DATA 43

3.6.1 PRIMARY SOURCES 43

3.6.2 SECONDARY SOURCES 43

3.7 METHOD OF DATA ANALYSIS 44

CHAPTER FOUR

PRESENTATION AND ANALYSIS OF DATA

4.1 ANALYSIS OF QUESTIONNAIRE OF DATA 48

4.2 TEST OF HYPOTHESIS 69

CHAPTER FIVE

SUMMARY RECOMMENDATION AND CONCLUSION

SUMMARY OF FINDINGS 76

CONCLUSION 78

RECOMMENDATION 79

BIBLIOGRAPHY 82

APPENDIX 84