TRICHY: Trichy corporation has initiated preparatory work to table a revised budget for the ongoing financial year 2022-2023 by the first week of May. With self-sustainable revenue generation in mind, officials and elected representatives said the budget will lay thrust on improving independent income sources, plugging non-essential expenses and monetising the corporation’s properties.
The civic body officials were earlier denying the possibility of presenting a revised budget despite an elected council assuming office after a gap of six years. However, pressure has been mounting on councillors from city residents to present a new budget to find solutions to key demands. A meeting was recently chaired by mayor Mu Anbalagan, post which the officials confirmed that the civic body will table a revised budget within the first week of May.