KMC budget

KMC lens on unassessed properties

Taking a step ahead, KMC mayor Firhad Hakim has given one year’s time to the officials of the assessment department to bring the unassessed properties under the scheme.

Lion’s share of KMC budget to be spent on backward wards

In the 2022-23 budget, though the total expenditure estimate is Rs 4410.11 crore, the civic body seeks to clock a revenue of Rs 4233.11 crore, leaving a deficit of Rs 177 crore in the upcoming fiscal year from April. The budget statement also highlighted that the coming financial year opens with a cumulative deficit of Rs 2,423.70 crore – a considerable amount that had raised hue and cry recently, when the issue of non-payment of pension to KMC retired employees, due to shortage of funds, came to the fore.

KMC places budget for 2021-2022

The budget of 2021-22 is the exact same as the last financial year except for minor alterations which include the waiver of mutation fees and setting up of booster pumping stations in areas of Tollygunge and Jadavpur for which an amount of Rs 210 cr has been allotted.