In an unprecedented move, the Bruhat Bengaluru Mahanagara Palike (BBMP) uploaded its budget for the 2022-23 fiscal with an outlay of ₹10,484.28 crore on its website late Thursday night. It was uploaded on the BBMP website barely an hour before March 31, the last day of the current 2021-22 financial year.
As per the budget document, the 2022-23 budget has a surplus of ₹334.63 crore. While the estimated revenue has been pegged at ₹10,478.7 crore, the estimated expenditure is ₹10,480.45 crore. Around 35% of the estimated receipts (₹3,680 crore) is tax revenue, 22% (₹2,302.23 crore) is non-tax revenue, 4% (₹436.01 crore) Union Government grants, 34% (₹3,576.59 crore) State Government grants, and 5% (₹489.3 crore) is miscellaneous.
As per the estimates, around 46% of the expenditure or ₹4,838.26 crore is for public works, while 30% (₹3,148.12 crore) has been allocated to maintenance and 12%, which amount to ₹1,234.72 crore, is for personnel expenses.
