Surplus Budget for Belagavi City Corporation
Belagavi City Corporation Standing Committee For Taxation, Finance and Appeals chairperson Sanjayot Sunil Bandekar presented a Rs.11.96 lakh surplus budget for 2016-17 at the BCC meeting on Tuesday.
Mayor Sarita Viraj Patil Presided. The BCC is expecting Rs. One crore from hoarding, Kiosks, Banner, Cutouts and advertisements on bus stops located in the city limits. The Special drive for property tax collection which was started during 2015-16 will continue this year too. The expected revenue from the town planning section this year is Rs 10 crore which includes development fee, infrastructure cess, slum cess etc.
Rs 1.50 crore is expected from trade licence and Rs 5 lakh from administrative fee. The BCC is expecting Rs 4219.20 lakh as SFC grants from the state government or the disbursement of monthly salary to BCC staff.etc