MISSION OF THE BUDGET

          The Mission of the budget of the year is to proactively seek ways to reduce the cost and improve the resources mobilisation schemes by bringing a nexus between Revenue Collection and Administration.

Highlights of the Budget:

· Scientific approach to budget process by detailed explanatory notes on the nuances of the budget making process, a first time in the Corporation history.

· Growth and Welfare orientation – adequate provisioning for Capital and Revenue Expenditure to bring out a nexus between Social Management and Economic Development of the City in mind.

· Sustained resources mobilisation – New and innovative methods of augmenting Corporation’s resources by implementing the taxation regime simpler and people friendly.

· New provisions for feasibility studies – aimed at reduction of cost by conducting BPR studies and brining in new and improved methods of the functioning.

· Optimum utilisation of the financial resources – strict financial discipline and cut down wasteful expenditures.

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