The Hindu 29.01.2018
GVMC budget proposals approved
Collector and Special Officer of GVMC Pravin Kumar on Saturday
approved the budget proposals of the municipal corporation for the
financial year 2018-29. Municipal Commissioner M. Hari Narayanan was
also present. Additional Commissioner (Finance) S.S. Varma made a
presentation on the budget proposals.
Additional commissioners G.V.V.S. Murthy and Sakala Reddy participated.
The
budget estimates a revenue of Rs. .3119.68 crore and puts expenditure
at Rs. 3292.96 crore. With an opening balance of Rs. .252.63 crore, the
closing balance is projected at Rs. .79.35 crore.
Engineering
works get the top allocation of Rs. .955.26 crore, followed by public
health (Rs. .377.11 crore) while Urban Community Development projects
get Rs. .157.56 crore, lighting Rs. .120.23 crore and education Rs.
.31.92 crore.
Urban mission
Externally-aided projects
account for Rs. 435 crore and Atal Mission for Rejuvenation and Urban
Transformation for Rs. 228.34 crore.
The Collector later visited the Command and Control Centre being developed at GVMC.