The Aluva municipality’s annual fiscal budget for 2013-14 was presented on Friday. Vice-chairperson of the council and chairperson of the standing committee for finance Lisy Abraham presented the budget before the council.

According to the budget, the expected total income for the financial year 2013-14 is approximately Rs 29.95 crore and the expenditure layout is estimated at `25.95 crore. The budget has an anticipated reserved capital of Rs 3.99 crore.

While presenting the budget, Lisy Abraham outlines the projects which have been successfully completed during the last fiscal year, including the installation of induction-lamps for all street lights, strict garbage disposal measures and online payment system for remitting taxes through which Aluva has become the first municipality to introduce e-payment in the district.

The projects which are going to be implemented in the present fiscal year, and for which funds have been allocated, included expansion of the Aluva Railway junction. This has been a demand pending for the last few years and provisions have been made to acquire enough land for the required expansion.

Renovation of the municipal parks, municipal town halls and public crematoriums has also received priority. Expansion of various roads, including Asan Colony Road, Indian Powran Road, LF Lane, and roads in Wards 14 and 17, where traffic congestion is a major hassle, has also been charted out in the budget. Rs 50 lakh has been earmarked for building a modern slaughterhouse near the market, Rs 35 lakh has been allotted for maintenance of water treatment plants, and enough funds for building a new shopping complex on the northern side of the municipal bus stand have been decided upon. Lisy Abraham said the cooperation from the elected representatives and officials during the last budget year has been laudable and added the council expected the same during the present fiscal too.