With the permission of Suresh Ambiger, President of Yadgir City Municipal Council, the Officers have presented a deficit budget of ₹43.49 lakh for the year 2022-23 during the general body meeting of the council held on Thursday.
Officers explained that ₹26.27 crore income, including ₹6.81 crore from CMC and ₹19.45 crore from government, is expected and expenditure of ₹26.70 crore has been calculated. Thus, the deficit is ₹43.49. It is aimed to offset the deficit amount by collecting property and other taxes, they added.
Sharanappa, Commissioner of CMC, who was present, said that they have already fixed the target to collect whatever the taxes to CMC from the public and therefore, they collected ₹3.6 lakh as property tax and ₹1.82 crore as water taxes. “Due to the shortages of manpower, we are not fully collecting the taxes from the public as targeted. However, we would focus more on collecting the remaining taxes to offset the deficit,” Mr. Sharanappa added.
