District Collector and Vijayawada Municipal Corporation Special Officer S.A.M. Rizvi has submitted Rs.1,101-crore budget for 2012-13 fiscal, which is Rs.361 crore higher compared to last year.
Corporation officials say no new taxes have been proposed and that priority has been given to the poor and welfare programmes. This apart, preference has been given to health and other priority sectors, they say.
The VMC sent the new budgetary proposals to the government on Saturday.
The corporation also proposed Rs.740-crore revised budget for 2011-12. The VMC projected Rs.639.72 crore capital income, which was only Rs.438.31 crore during 2011-12.
The revenue income projected was Rs.365.78 crore, which was Rs.234.87 crore last year. The deposits and advances, which were Rs.40 crore, increased to Rs.56.32 crore this fiscal.
As regards expenses, the corporation earmarked Rs.311.13 crore for revenue expenses.
A sum of Rs.692.35 crore had been allocated for capital expenses, which was Rs.406.98 crore in 2011-12. The corporation allocated Rs.26.40 crore for loan repayments.
The opening balance was Rs.39.23 crore and the closing balance Rs.16.33 crore.
Terming the budget pro-poor, corporation officials said 65 per cent of the allocations had been made for the poor and welfare sectors. The corporation made good allocations to engineering, solar city, shelter homes, JNNURM, and Rajiv Avas Yojana.
The VMC would take up development of three stadiums, five playgrounds in schools, and improve e-learning centres and play schools. It made allocations for disabled persons, development of ‘pancha karma' equipment, physiotherapy treatment, and scholarships for merit students.
Loans would be sanctioned to SC, ST, minorities, women, and youth for establishing self-employment units such as cellphone shops, shoe malls, and soda hubs.