In a reduction to residents, no further civic tax or licence charge was proposed within the price range by the BMC, the nation’s richest civic physique that goes to polls early subsequent yr.
The complete price range estimates for the subsequent monetary yr are 16.74 per cent greater than the final fiscal when it had introduced a price range of Rs 33,441 crore.
Municipal commissioner I S Chahal, who introduced the price range earlier than to the civic standing committee, stored the civic taxes and licence charges unchanged.
“There is not any further tax and cost within the price range,” he stated whereas speaking to reporters after its presentation.
In the 11.51 crore surplus price range, the civic physique is anticipating a income of a Rs 27,811.57 crore from varied sources, together with property tax, water and sewage costs, compensation in lieu of octroi and DP charges, which is Rs 636 crore much less as in comparison with the Rs 22,448 crore estimated income of FY 20-21.
The price range doesn’t make announcement about any new main infrastructure challenge and the BMC has targeted on varied ongoing improvement initiatives, moreover well being companies, training and different amenities.
The civic physique has estimated Rs 18,750 crore for FY 21-22 from the Rs 14,637.76 crore in FY 20-21 for the capital expenditure works, which incorporates site visitors operation and roads (Rs 1,600 crore), Coastal Road challenge (Rs 2,000 crore), Water provide initiatives (Rs 1,232.17 crore), storm water drains (Rs 1149.74 crore), Goregaon-Mulund Link Road (Rs 1,300 crore) and sewage disposal (Rs 1,060.06 crore), amongst others.