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Rs. 11.96-lakh surplus budget for Belagavi City Corporation

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The Hindu       23.03.2016 

Rs. 11.96-lakh surplus budget for Belagavi City Corporation

A sum of Rs. 14.5 crore has been earmarked for taking up development works in wards

Sanjyot Sunil Bandekar, chairperson, Standing Committee for Taxation, Finance & Appeals on her way to present the budget for the Belagavi City Corporation in Belagavi on Tuesday.— PHOTO: P.K. BADIGER
Sanjyot Sunil Bandekar, chairperson, Standing Committee for Taxation, Finance & Appeals on her way to present the budget for the Belagavi City Corporation in Belagavi on Tuesday.— PHOTO: P.K. BADIGER

A Rs.11.96-lakh surplus budget was presented for the Belagavi City Corporation for 2016-17 at a council meeting presided over by Mayor Sarita Viraj Patil here on Tuesday. The budget was unanimously approved.

Sanjyot Sunil Bandekar, chairperson of the Standing Committee for Taxation, Finance & Appeals, who presented the budget, said that the revenue receipts from rentals, property tax and other sources stood at Rs.357.95 crore and the expected expenditure was Rs. 357.83 crore.

Grants

The corporation expected Rs. 42.192 crore as salary grants, Rs. 24.99 crore for development works, and Rs. 46.6 crore from water supply management and electricity bills under the State Finance Commission from the government.

A provision has been made for Rs.16.56 crore under the 14th Finance General Basic Grant for execution of works.

Development works

The budget proposed to spend Rs.16.58 crore on development works. As much as 20 per cent of this amount will be spent on drinking water supply works. Works will also be taken up on community toilets, underground drainage and storm-water drains, parks and community assets, roads and foot paths, and street lights.

It has been proposed to construct an annex building adjacent to the existing corporation building at a cost of Rs. 3 crore.

A sum of Rs. 4.5 crore has been set aside to build commercial complexes and markets in the open land restored by the corporation and Rs.1 crore on installation of a statue of B.R. Ambedkar along with a mini-garden within the corporation office premises.

A sum of Rs. 14.5 crore has been earmarked for taking up development works worth Rs. 25 lakh in each of the 58 wards; Rs.3 crore for community toilets; Rs. 25 lakh on new bus shelters; Rs. 50 lakh on developing urban forestry; Rs. 50 lakh for maintenance of slum areas; and Rs. 64.21 crore on new drinking water supply works with electricity connections.

For SCs, STs

An amount of Rs.11.11 crore has been allocated for the welfare and development of Scheduled Castes and Scheduled Tribes colonies, Rs.3.34 crore for the welfare and development of backward classes; and Rs.1.38 crore for people with disabilities.

Revenue receipts from rentals, property tax and other sources stand at Rs.357.95 crore