Mayor presents ₹19.31-crore deficit budget
The Hindu
Financial reality bites into announcements
Karthik Madhavan- byline requested
COIMBATORE Mayor Kalpana Anandakumar presented her first budget for the city at a special meeting of the council on Wednesday. The budget for 2022-23 showed a deficit of ₹19.31 crore as the total expenditure at ₹2,337 crore was more than total revenue at ₹2,317.97 crore.
In her budgetary announcement, Ms. Anandakumar said the civic body would spend ₹5.36 crore on latest water meters to improve water supply from once in 5-12 days to once in two days in added areas.
It had submitted a proposal to the Directorate of Municipal Administration for approval.
The Corporation would upgrade the Special School for Differently Children in R.S. Puram into a model school under Sarva Siksha Abiyan scheme at ₹2.46 crore to construct hostel and train students in fine arts and sports.
The Corporation would earmark ₹8 crore for improving infrastructure in schools, ₹50 lakh up supply books to school libraries, ₹7.86 crore to purchase 105 small goods carriers to transport waste, 3.50 crore to rebuild the waste transfer station on Sathyamangalam Road, and construct new roads linking the existing roads at ₹144.80 crore.
The Corporation hoped to secure funds from the Coimbatore Local Planning Authority.
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