Rajiv Bhatia
Zirkapur, February 24
The Zirakpur Municipal Council has proposed a budget of Rs 23.6 crore for fiscal 2010-11. The budget meeting is scheduled to be held on February 25 at which the final decision would be taken after approval by the councillors.
The civic body expects its revenues to rise by 11 per cent in the coming financial year.
According to sources close to the MC, the civic body had approved a Rs 21.4 crore budget in FY2009-10. However, it has earned revenues of only Rs 14.13 crore till January 31 this year. However it had not added proceeds from the sale of property in the revenues earned.
The sources said by March 31 this year the council expects to earn revenues of Rs 21.22 crore. They added in the next fiscal the MC hopes to generate revenues from various sources of income.
The MC, however, plans to spend 90 per cent of its income (approx. Rs 21.24 crore) in 2010-11 for development works in the town, with Rs 7 crore being spent on improving roads.
The council has proposed Rs 1.7 crore for upgrading sewerage and water supply. It plans to spend Rs 1 crore on landscaping and parks, Rs 1.5 lakh on streets and drains and Rs 1.8 crore on streetlights. An amount of Rs 1.6 lakh has been proposed for construction of new buildings, Rs 30 lakh for buying new machinery and Rs 5.27 crore for various other development works.
Budget estimates of Rs 1.9 crore for non-plan heads and Rs 42 lakh for contingency have been proposed for the next fiscal, the sources added.
Zirakpur MC president Narinder Kumar Sharma said work on widening roads and improving the drainage system has already begun. “Development of the town is the MC’s main agenda for the coming financial year”, he added.
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