Prajakta Kasale prajakta. kasale@ mid- day. com Revenue generation has become one of the hardest tasks for the Brihanmumbai Municipal Corporation ( BMC) considering the fact that its income over the past five years has remained more or less stagnant.
In 2011- 12 the total revenue and capital income was R 15,595 crore. In the next four years, though the octroi revenue remained the same, BMCu2019s income rose sharply. In those five years property tax rose from R 3,400 crore ( 2011- 12) to R 5,700 crore ( 2015- 16 ) and development department revenue increased from R 1,600 crore to R 6,000 crore. As a result, the total revenue generation increased by 55 per cent to R 24,267 crore.
Over and above all of this, the civic body failed to explore new avenues for income generation. Ex- commissioner Sitaram Kunte and Ajoy Mehta had suggested collecting property tax from slums. Mehta had also proposed 1 per cent surcharge on all property deals but even that just remained on paper.
Capital income: This includes grants, loans, premiums of land and buildings, which are usually not more than 10 per cent of the total capital revenue.
Revenue expenditure: Mainly for paying salaries but a small portion goes to programme expenses, revenue grants etc.
Capital expenditure: This money is spent on projects like roads, bridges, water tunnels, waste treatment plants etc.
While the civic body waived off property tax for small houses, they failed to come up with new ways of generating revenue. FILE PIC Capital fund expenditure - Estimate ( in crores) Actual expenditure of Capital fund ( in crores) 3,000 6,000 9,000 12,000 15,000 0 2011- 12 2012- 13 2013- 14 2014- 15 2015- 16 2016- 17 2017- 18 2018- 19 2019- 20 * till Dec 2020- 21 9,360 9,369 11,003 11,864 12,958 8,122 9,547 11,480 14,637 7,637 4,560 4,064 5,171 4,800 3,850 4,978 5,432 4,029 3,955 Actual expenditure on projects against the fund allocated graphics / uday mohite
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