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Municipal Finance

Civic nod to Rs 1.55 crore surplus budget

Wednesday, 15 May 2013 00:00 administrator
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The Times of India               15.05.2013

Civic nod to Rs 1.55 crore surplus budget

NASHIK: The general body of the Nashik Municipal Corporation (NMC) on Tuesday passed a budget of Rs 2,359.95 crore for the fiscal 2013-14 with a surplus of Rs 1.55 crore without any hike in property and water tax.

On February 18, municipal commissioner Sanjay Khandare had presented a budget proposal of Rs 1,556.80 crore for the current fiscal to the then standing committee chairman Uddhav Nimse. The committee had revised the budget suggesting measures to increase the revenue of the civic body by Rs 803.15 crore, thereby increasing it to Rs 2,359.95 crore.

"Approval has been being given to a civic budget of Rs 2,359.95 crore with the inclusion of suggestions by members. Local Body Tax (LBT) is being implemented in the limits of NMC shortly and we hope that the civic administration will net 20% more revenue through it, as was the case while collecting octroi during 2012-13," said mayor Yatin Wagh.

"The Kumbh mela is scheduled in 2015 and works need to be completed before it begins. A provision of Rs 200 crore has been made in the budget for it and the all pivotal works should be carried out by December 2014. Moreover, the municipal commissioner should draft a separate sports policy. A provision of Rs 25 crore has been made for cemetery and crematorium for citizens of all religions," Wagh said.

The measures suggested by the standing committee include a hike of Rs 43.45 crore in the revenue collected from property and other taxes that was originally projected at Rs 136.12 crore by the municipal commissioner. The committee has also suggested a hike of Rs 23 crore in the revenue collected through development tax and Rs 37.23 crore increase in revenue from services and amenities that were originally projected at Rs. 47.77 crore.

Presenting the budget at the general body meeting, standing committee chairman Ramesh Dhongade said, "My priority was to focus on civic works and hence, no tax hike has been made in the budget. It is necessary to be economical in case of revenue expenditure. A survey of NMC's all residential and commercial properties and computerization of tax recovery systems are needed to increase revenue. It can increase if the related department makes cent per cent recovery of house tax, water tax and other taxes. This will help us in carrying out maximum developmental works in the city."

Funds allotted for various activities

Rs 200 crore for acquisition of land for upcoming Kumbh mela

Rs 109.80 crore to 122 corporators for various civic works (Rs 90 lakh for each corporator)

Rs 50 crore for proposed water filtration plant in Panchavati

Rs 30 crore for development of 22 villages in the limit of NMC

Rs 50 crore to make Godavari river pollution-free

Rs 25 crore for maintenance of cemetery and crematoriums

Rs 3 crore as a token amount for late Shiv Sena supremo Balasaheb Thackeray's monument

Rs 3 crore for water audit

Rs. 25 crore to develop playgrounds

Rs 15 crore for proposed multi-purpose playground in Panchavati

Rs 10 crore to build swimming tanks in city

Rs 25 crore for building toilets for women near bus stops, general markets and vegetable markets

Rs 20 crore to build gymnasiums and yoga hall for women

Rs 5 crore to build training centre for women

Rs 21.50 crore for various projects for blind and physically impaired people

Rs 60 crore to build bridges on Godavari river and pedestrian bridges on highways and major roads

Rs 10 crore to develop Godavari ghat

Rs 7 crore for tree plantation along river banks

Rs 69.62 crore for NMC education board

Rs 3 crore to buy equipment for gymnasiums

Rs 1 crore to build new gymnasiums

Rs 36.48 crore for welfare of backward people

Rs 191.13 crore for construction of roads

Rs 5 crore to commence post-graduate courses jointly with MUHS

Rs 2 core for boating club

Rs 50 crore for women empowerment

The NMC has made a provision of Rs 50 crore for empowerment of women of which Rs 25 crore is to be spent to construct toilets for them near bus stops, general markets and vegetable markets. Besides, a provision of Rs 20 crore has been made to build gymnasiums and yoga halls for women. Moreover, a training centre will be built for women at a cost of Rs 5 crore.

How revenue will be generated

Rs 930 crore: Octroi/LBT

Rs 179.57 crore: Property and other taxes

Rs 85 crore: Services and amenities

Rs 75 crore: Development tax

Rs 73 crore: Water tax

Rs 376.99 crore: Kumbh mela grant

Rs 63.83 crore: Overdrafts

Rs 225 crore: Cash credit and bonds

Rs 195 crore: Compensation from NHAI

Rs 25 crore: Taxes on construction cost

Rs 100 crore: NMC properties to be developed on BOT basis for commercial purposes

Rs 30 crore: Royalty on water from India Bulls

How the money will be spent

Rs 161.52 crore: Administration expenses for recovery of taxes

Rs 47.63 crore on public safety

Rs 254.72 crore on public health and facilities

Rs 8.62 crore on public education

Rs 30 lakh grants to public institutes

Rs 189.89 crore on miscellaneous works

Rs 76.10 crore on water distribution management

Rs 56.25 crore on sewage treatment management

Rs 92.66 crore on facilities to the poor people

Rs 1,377.36 crore as capital expenses

Rs 90.35 on overdrafts

Rs 1.55 crore on surplus amount

 

Civic body moots Rs 616-cr budget, discussion today

Saturday, 04 May 2013 10:51 administrator
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The Indian Express                 04.05.2013

Civic body moots Rs 616-cr budget, discussion today

Budget

It's less than the budget approved last time

The Municipal Corporation has prepared a budget of Rs 616 crore for the financial year 2013-14 which is less than the budget approved for the current financial year. The budget will come up for discussion at a meeting of the Finance and Contract Committee to be held on Monday. Once approved by the F&CC, it will be presented before the General House for final approval.

Last year, the civic body had cleared budget estimates of Rs 812.78 crore. Of this, Rs 467.69 crore were under the plan head and Rs 345.09 crore under the non-plan head.

As per the budget prepared this year, of the total Rs 616 crore, Rs 247.35 crore are under the plan head and Rs 369.25 crore under the non-plan head.

Most of the development works are undertaken under the plan head, which has been proposed to be almost half of what was approved last year. Under most of the heads, the amount proposed to be allocated has been reduced. For roads this year, Rs 60 crore have been proposed to be allocated. During the year 2012-13, under the head of improvement of roads, parking places and infrastructure facilities, an amount of Rs 118 crore had been earmarked.

Around 90 per cent of the budget under the primary health and primary education departments last year remained unutilised. This year, a reduction is proposed in the amount proposed to be allocated. During the financial year 2012-13, the budgetary allocation for primary health was Rs 23.90 crore while for primary education, it was Rs 22.51 crore. For the financial year 2013-14, this has been proposed as Rs 20.20 crore and Rs 15 crore respectively. In case of fire and emergency services, the proposed allocation is Rs 1.10 crore against Rs 2.72 crore last year. For storm water drainage, the proposed amount is Rs 10 crore against Rs 21 crore allocated last year.

Councillor Arun Sood, who is a member of F&CC, said apart from the plan budget being reduced to almost half, the proposed budget showed that the receipts of the MC from various sources were also expected to be reduced. "For property tax, while the expected collection last year was Rs 19 crore, this year it has been reduced to Rs 16 crore. The expected estate receipts have also shown to be reduced," he said.

Over the past few years, the budget being prepared had been similar. Several projects found a mention in each of the budget estimates, but these were not being executed.

 

Purnia civic body likely to increase holding tax

Monday, 22 April 2013 11:34 administrator
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The Times of India              22.04.2013

Purnia civic body likely to increase holding tax

PURNIA: The Purnia Municipal Corporation (PMC) has, after dithering for days due to internal wrangling, adopted a deficit budget of Rs 38.10 lakh for the fiscal year 2013-14 early this week.

The PMC targets to mobilise a revenue of Rs 19.46 crore during the current financial year, besides carrying forward a surplus of Rs 12.68 crore from the previous 2012-13, while it intends to spend Rs 32.52 crore during the year 2013-14. The previous year carry forward amount of Rs 12.68 crore is inclusive of the government aid, PMC sources explained.

PMC Mayor Kaneej Raza on Sunday said that once the management and control of the bus terminal near the Collectorate, which was currently managed and owned by the Zila Parishad (ZP), was shifted to the corporation, not only the corporation would augment basic amenities for the bus commuters, but its revenue would also increase. "As per the government stand, the bus terminal is the property of the municipal corporation, and ZP should give up its stake on it," she averred. The bus terminal has deposited a sum of Rs 50 lakh into the ZP's coffer by way of its settlement for the year 2013-14.

Talking of the priorities before the corporation, the mayor said, "Door-to-door garbage and refuse collection plan was on the anvil to keep the town clean and hygienic. Besides, improving the non-functional sewage system and spreading the network of roads and by-lanes also figures prominently on its agenda."

Agreeing that random deposition of medical refuse near Line Bazar area, where a large number of private clinics and hospitals have mushroomed, poses serious health hazard, the Mayor revealed that health officials were working on a recycling scheme for the same.

The corporation also intended to shift the vegetable mart in the crowded Bhatta Bazaar to a much spacious site and create vendors' zones which would take care of the problems of acute congestion and snarls in the town, she said. Besides, a huge hike in the holding taxes which continues to be the principal source of its income, was on the cards. "The corporation will, however, strictly adhere to the guidelines formulated by the state urban development and housing department in this," Raza said.
Last Updated on Monday, 22 April 2013 11:40
 
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