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Financial Management

Surplus budget for Adoor municipality

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Source : The Hindu Date : 30.06.2009

Surplus budget for Adoor municipality

Staff Reporter

PATHANAMTHITTA: The Adoor municipality’s annual budget for 2009-10 envisages an income of Rs.14,30,25,051 and an expenditure of Rs.14,03,62,000, leaving a surplus of Rs.26,63,051.

The budget was presented by municipal vice-chairman A.K. Krishnankutty at the council meet presided over by chairperson Jessy Baby Palavila on Monday.

A total of Rs.1 crore had been earmarked for road development and Rs.5 crore for the Parakode market complex.

The budget also sets apart Rs.35 lakh for housing, Rs.15 lakh for education, Rs.10 lakh for town electrification, Rs.5 lakh each for a veterinary polyclinic and krishi bhavan.

Last Updated on Tuesday, 30 June 2009 07:51
 

Rs. 700-crore unutilised: councillor

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Source : The Hindu Date : 30.06.2009

Rs. 700-crore unutilised: councillor

Staff Reporter

Proposed bus service may become a burden on the corporation, says UDF leader

KOCHI: The approach of the corporation councillors to the budget presented by Deputy Mayor C.K. Manisankar in the council on Saturday was divided along the political lines.

While the LDF members hailed it, the UDF members termed it as unimaginative and repetitive in nature in the discussion that was held on Monday.

Taking part in the discussion, Town Planning Standing Committee chairman E.M. Sunilkumar said traffic snarls in the city would become a thing of the past once the proposed Goshree-Chathyath-Mamangalam and Pachalam Rail Overbridges were completed.

The work on these projects is expected to begin this year itself.He also supported the budget decision to allot funds for the emergency road repair system and planting saplings in the city.

A.B. Sabu, leader of the UDF in the council, said the civic authorities were sitting on the Rs. 700 crore allotted to the corporation by the Jawaharlal Nehru National Urban Renewal Mission.

While most of the States have utilised the major chunk of the funds allotted to them, the city was yet to fully spend the first instalment of the financial aid.

The corporation should thank the mission authorities for providing enough monetary support for its projects.

The support of the agency was visible in the enhanced revenue of the corporation as shown in the budget, he said. He also feared that the proposed bus service would eventually become a burden for the corporation. P.S. Viju of the CPI (M) congratulated the civic administration on addressing the garbage issue in the city. Johnson Master of the Congress criticised the budget as an unrealistic one.

The Deputy Mayor announced that the division allotment for carrying out various projects would be hiked to Rs. 25 lakh from Rs. 20 lakh, considering the request of a large number of councillors. Thirty-five members, including Standing Committee chairpersons, took part in the discussion. The budget was passed after the discussions.

Last Updated on Tuesday, 30 June 2009 07:48
 

Surplus budget for Gulbarga corporation

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Source : The Hindu Date : 30.06.2009

Surplus budget for Gulbarga corporation

Special Correspondent

GULBARGA: The general body of the Gulbarga City Corporation on Monday gave its unanimous approval to a Rs. 4.34-crore surplus budget for 2009-10.

The budget proposals placed by the Finance and Taxation Committee chairperson, Savitramma Kalyanrao Patil, in the general body meeting here, put the anticipated receipts at Rs. 188.77 crore and the expenditure at Rs. 184.42 crore.

Ms. Patil said that the anticipated receipts from the State Government was Rs. 37.82 crore and the balance would be mobilised locally. The anticipated revenue from property tax was Rs. 20 crore, followed by Rs. 7 crore development charges, Rs. 3 crore water charges and underground drainage connections and Rs. 2 crore from trade licences.

The budget document said that Rs. 14 crore has been earmarked for the construction of roads, pavements and footpaths and Rs. 6.05 crore for street lights in the city.

Last Updated on Tuesday, 30 June 2009 07:37
 


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