Budget

A Municipal Budget is the official financial plan of a municipality/corporation that outlines how much revenue it expects to receive during a financial year and how much it plans to spend on various development and public service activities.

The main components generally included in a municipal budget are:

  • Tax revenue (Property Tax, Profession Tax, etc.)
  • Government grants
  • Drinking water, roads, and waste management
  • Health and education projects
  • Welfare programs for women and senior citizens
  • Development projects
  • Revenue and expenditure accounts