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VMC to Present Total Budget on April 20

More focus to be laid on development of roads, potable water supply

Published: 10th April 2015 06:00 AM  |   Last Updated: 10th April 2015 05:41 AM   |  A+A-

VIJAYAWADA:The Vijayawada Municipal Corporation’s (VMC) total budget for the year 2015-16 will be presented on April 20, as the corporation has only presented the income and expenditure in March without including capital expenditure and receipts in view of the MLC election code.

The municipal corporation has prepared a tentative budget for the year 2015-16 with Rs 493.49 crore income and Rs 570.23 crore expenditure. In the budget, the corporation has mainly focussed on the road development, drinking water and drainage system. Though the budget was supposed to have been passed a week back at the Standing Committee meeting, the budget has not been prepared and postponed to April 20.

In this budget, the corporation has allotted Rs 100 crore for development of roads and drains in the city and Rs 147 crore for drinking water. For the development of stadiums and Kala Kshetram, Rs 10 crore was proposed in the budget. Similarly, Rs 29.25 crore building construction and Rs 15.5 crore for road development and for constructing footpaths.

The corporation has already invited Rs 61 crore for various developmental activities in the city, mayor Koneru Sridhar said.

Kolusu, Tax Defaulter

In the revenue survey, which was conducted by the municipal corporation recently, YSRCP leader K Parthasaradhi has defaulted on property tax payment to the VMC for his 2 acres of vacant land located on MG Road, according to Mayor Koneru Sridhar. The mayor said Parthasaradhi has not paid property which accumulated to Rs 1.12 crore in the past three years

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