Budget at a Glance
If we evaluate the financial status of the Siliguri Municipal Corporation of the past financial year, it is evident that our own revenue collection has been 92% of the target proposed in the budget of 2016-17. The revenue receipt from the State Government for non-plan head stands at 70% of the target. On the other hand Capital Receipt or receipt from Plan Head from the State Government is a meager 43%. The total revenue collection from own sources and receipts from the Government stands at 77% of the target proposed in the previous budget.
Total budget stipulated in the financial year 2016-17 was Rupees 194 Crores. However, expenditure could be made of an amount of Rs.131 Crores, which is 67% of the targeted amount. The shortfall is mainly due to non-receipt of Plan-head funds from the State Government in the consecutive years, detailed analysis of which has been annexed. It may also be noted that in consonance with the commitment of the Board more than 25% of the Budget has been reserved for the current year for the poorest of the poor of the society.
The proposed target of income for the Budget for the upcoming financial year is Rs 233.47 Crores. The proposed expenditure is Rs. 235.69 Crores, which makes a deficit of Rs. 2.22 Crores. However, it may be noted that without continuous financial assistance from the Government, the said target can never be achieved. A thorough analysis of budget statements of previous years will reveal that our own income generation in 2016-17 was considerably higher than any previous year. The same can be said about the expenditure incurred as well. However, the total outstanding due from the State Government for the year 2015-16 and 2016-17 stands at Rs.280 Crores. With receipt of such outstanding dues, continuous financial assistance from the Government and our sincere effort of enhancement of own revenue generation, I am hopeful that we can easily achieve the benchmarks set for the financial year 2017-18.
25% of the total budget consists of pro-poor components. I have tried to give special emphasis on the upliftment of the living conditions of the poor people residing in the slums, others areas of the cities. Women empowerment shall remain one of our key focus areas. This budget also reflects our commitment towards a clean and green city as well as our honest endeavours to mitigate the ill effects of climate change. I have also talked about participatory democracy and the role of the Ward Committees in the development of the City.
A bird’s eye view of the revised budget for the year 2016-17 and the proposed budget for the year 2017-18 is given below.