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No new taxes in MCC budget

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ANNUAL FINANCIAL PLAN: Gilbert Pinto, Chairman of the Finance Committee of Mangalore City Corporation, presenting the budget for 2007-08 on Wednesday. Photo: R. Eswarraj
ANNUAL FINANCIAL PLAN: Gilbert Pinto, Chairman of the Finance Committee of Mangalore City Corporation, presenting the budget for 2007-08 on Wednesday. Photo: R. Eswarraj

Special Correspondent

Corporation expects an income of Rs. 7,384 lakh in 2007-08

  • Rs. 10 lakh set aside for Grihajyothi scheme
  • Rs. 18 lakh earmarked for Kuteera Bhagya scheme

    MANGALORE: The Mangalore City Corporation presented a budget with no changes in taxes for 2007-08 and approved the revised budget estimates for 2006-07 on Wednesday. The budget, presented by Chairman of the Finance Committee Gilbert Pinto, expected an income of Rs. 7,384 lakh and expenses of Rs. 7,373.25 lakh.

    Giving details of the revised budget estimates for 2006-07, Mr. Pinto said that during the last fiscal year the corporation's revenue was Rs. 6375.09 lakh and expenses incurred by it were Rs. 6004.89 lakh. This left a surplus of Rs. 370.20 lakh. The budget for 2007-08 had no proposals to increase taxes, Mr. Pinto said, adding that this had been the feature of the corporation for 20 years.

    He said the budget proposed to increase the outlay for social uplift programmes such as distribution of sites to SC/ST pourakarmikas under the 18 per cent component and to build houses at a cost of Rs. 75,000 for those who did not have houses. For this, the budget had an outlay of Rs. 2.25 crore, he said.

    A sum of Rs. 10 lakh had been set aside to provide electricity connection to 100 houses under the Grihajyothi scheme. It had earmarked Rs. 18 lakh to repair 180 houses of families living below the poverty line under the Kuteera Bhagya scheme. Mr. Pinto said that the corporation's land acquisition department had accumulated Rs. 900 lakh, and in 2007-08 it was expected to collect Rs. 100 lakh. Mr. Pinto said though the urban infrastructure development work being implemented with the Asian Development Bank loan in Mangalore city was expected to be completed by December 2006, various projects were still being implemented.

    He said that Rs. 91 crore was spent for water distribution schemes and Rs. 72 crore for development of underground drainage system. For the first time, the corporation had taken up e-tendering process for waste disposal and solid waste management in 2006-07, he said.

    Vented dam

    Mr. Pinto thanked the Chief Minister, the district in-charge Minister, the Deputy Chief Minister and former and present Mayors for working towards getting the second vented dam for Mangalore city. He said that the Government had given the clearance and promised to pay Rs. 40 crore for the project. Participating in a debate on the budget, Opposition leader in the council Shankar Bhat said the budget document had a number of codified account heads, which had "confused" the Opposition members. Members of the ruling Congress Vishwanath and Mahabala Maarla praised Mr. Pinto for emphasising on the social dimension of public financing.

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