Mangaluru City Corporation: ₹180.70 crore surplus budget for 2025-26

Mangaluru City Corporation: ₹180.70 crore surplus budget for 2025-26

Mangalore Today News Network

Mangaluru, February 26, 2025: The Mangaluru City Corporation council adopted ₹180.7-crore surplus budget for 2025-26 in its special meeting on Tuesday.

The budget presented by Kadri Manohar Shetty, chairman, standing committee for taxation, finance and appeals, put the opening balance at ₹325.78 crore and estimated the receipts at ₹741.25 crore and expenditure at ₹886.33 crore.

 

 

Mr. Shetty said that the corporation expects ₹55 crore revenue from water bills and ₹95.91 crore from property taxes.

He said ₹4.6 crore is expected from trade licence fees and ₹25 crore from solid waste management cess.

Building licence fees

The corporation expects ₹24.81 crore from building licence fees and premium FAR. The revenue from advertisement and change of khata fees are expected at ₹3.7 crore and ₹4.02 crore, respectively, Mr. Shetty said.

He said that the corporation expects ₹29.19 crore from the 15th Finance Commission for 2025-26. It has been planned to build footpaths, develop gardens, install street lights, maintain public toilets, construct storm-water drains (SWD), and lay underground sewage pipelines, take up rainwater harvesting and sanitation works using the funds.

Mr. Shetty said that the State government is yet to release ₹92.5crore to the corporation under Mahatma Gandhi Nagar Vikas Yojana.

Developing SWDs

The chairman said that the corporation has reserved ₹9.25 crore for developing SWDs in the next financial year. The fund is required both for its maintenance and development to prevent flooding during the monsoon.

The civic body has proposed to replace old underground drainage network (pipelines) in Pumpwell, Attavar, Bejai, and Mahakalipadpu areas. It has reserved ₹49.37 crore for the same in the budget.

Steps are being taken to upgrade the processing capacity of sewage treatment plants at Bajal and Pachchanady and upgrade the electro-mechanical equipment at Kudroli, Pandeshwar, Kadekar, and Kodigalgutu wet wells.