The Mysuru Urban Development Authority (MUDA) Budget for 2022-23 presented on Thursday envisages a slew of projects to meet the long-term requirements of the city including a Peripheral Ring Road with cluster development of industries surrounding it.
The budget, presented by MUDA Commissioner D.B. Natesh, envisages a revenue of ₹1,821.427 crore against an expenditure of ₹1,691.670 crore leaving it with a surplus of Rs.129.756 crore. The bulk of MUDA revenue is from layout plan approval, property tax and sale of sites besides cess.
However, some of the special projects mentioned in the budget are more in the nature of vision statement and have a time span overrunning the 12-month horizon of the budget.