Patiala MC’s income doubles in five years
Sunday, 20/05/2012
http://www.tribuneindia.com/2012/20120520/punjab.htm#2
With efficient financial management, the Patiala Municipal Corporation (MC) has doubled its income in the past five years. In 2006-07, the MC’s income was Rs 35.72 crore, while the revenue generation for 2011-12 stood at Rs 74.33 crore.
The data procured by The Tribune states that during the past five years, there has been considerable increase in the income of the MC from most of the account heads.
In 2009-10, the civic body generated revenue of Rs 48.3 crore, the figure went up to Rs 56.89 crore in 2010-11 and for 2011-12, the corporation witnessed further increase with total income generation of Rs 74.33 crore. The income from the water supply and sewerage in 2006-07 was Rs 3.63 crore, which went up to Rs 10.66 crore in the fiscal ending March 31, 2012.
The earnings of the MC from other account heads, including octroi/share of VAT, advertisement tax, building fee and sale of property, have also gone up considerably. The house tax collection in 2006-07 was Rs 5.81 crore that got almost doubled in 2011-12. The revenue receipts from the building fee were of Rs 3.41 crore five years back, whereas for the fiscal 2011-12, the civic body’s building fee collection touched the figure of Rs 8.67 crore.
Speaking to The Tribune, Mayor Ajit Pal Singh Kohli said the MC income had gone up through deft financial management without imposing any new taxes/levies and cutting of wasteful expenditure. “Goal to increase revenue is the major factor behind civic body’s success in generating more revenue. I attribute the credit for the increase in revenue collection to the dedicated and sincere approach of entire municipal administration and staff of the civic body,” he said.
