Tk 162.32cr RCC budget announced
Metropolitan
Tk 162.32cr RCC budget announced
Acting mayor of Rajshahi City Corporation (RCC) Rezaunnabi Dudu yesterday announced a Tk 162.32 crore budget for 2008-09 fiscal year proposing new taxes on holding and water.
"In fact, the holding tax will be adjusted as it had not been reassessed since 2003 during which many new houses were built and developed," he said.
"We have decided to raise an amount of Tk 1 crore from holding tax and another Tk 1 crore from water tax, " said Abdul Hamid Sarker, ward commissioner and acting chairman of the finance committee.
Explaining the increase in water tax, he said the RCC is spending Tk 3.50 crore every year in water sector, but getting a return of less than Tk 1 crore in revenue.
"Our power bills have been remaining outstanding for long and we could not pay a single power bill of current fiscal, " he added.
The acting mayor said the city areas and its population have increased and the corporation had to extend its activities and manpower to provide modern services, but its income has not increased in proportion.
"For adjusting the increased expenditure, we are to fire some 300 labourers in July," he added.
The budget envisages an income of Tk 32.74 crore as revenue, Tk 24.07 crore as development grant and Tk 93.65 crore as project grant.
The proposed expenditures include Tk 29.07 crore for salaries and other organisational purposes including Tk 25.80 lakh for road repair and maintanance, Tk 25 crore for second phase of Medium Town Coordinated Flood Control Project, Tk 10 crore for municipal development fund and Tk 5 lakh each for digital city project, SME and information technology development and Green South Asia project.
However, the budget did not show any allocation for controlling mosquito menace, one of the major problems of the city.
"In fact, the holding tax will be adjusted as it had not been reassessed since 2003 during which many new houses were built and developed," he said.
"We have decided to raise an amount of Tk 1 crore from holding tax and another Tk 1 crore from water tax, " said Abdul Hamid Sarker, ward commissioner and acting chairman of the finance committee.
Explaining the increase in water tax, he said the RCC is spending Tk 3.50 crore every year in water sector, but getting a return of less than Tk 1 crore in revenue.
"Our power bills have been remaining outstanding for long and we could not pay a single power bill of current fiscal, " he added.
The acting mayor said the city areas and its population have increased and the corporation had to extend its activities and manpower to provide modern services, but its income has not increased in proportion.
"For adjusting the increased expenditure, we are to fire some 300 labourers in July," he added.
The budget envisages an income of Tk 32.74 crore as revenue, Tk 24.07 crore as development grant and Tk 93.65 crore as project grant.
The proposed expenditures include Tk 29.07 crore for salaries and other organisational purposes including Tk 25.80 lakh for road repair and maintanance, Tk 25 crore for second phase of Medium Town Coordinated Flood Control Project, Tk 10 crore for municipal development fund and Tk 5 lakh each for digital city project, SME and information technology development and Green South Asia project.
However, the budget did not show any allocation for controlling mosquito menace, one of the major problems of the city.
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