Rs53.9bn city govt budget approved
KARACHI: In the absence of an elected City Council, the administrator approved on Tuesday the Rs53.958 billion surplus budget for the financial year 2010-11 of the Karachi city government.
The total outlay of the budget is Rs53.87 billion.
The total receipts during the next financial year are expected to stand at Rs53.958 billion while total expenditure is estimated at Rs53.87 billion, leaving a Rs84.38 million surplus.
In the budget, almost 30 per cent of the amount – Rs20.435 billion Â— has been earmarked for the health and education sectors, which would get Rs11.285 billion and Rs9.15 billion, respectively.
The revenue department is expected to generate an amount of Rs7.6 billion while grants from the Sindh government during the next fiscal would stand at Rs5.98 billion.
The KDA/KMC dues against the Karachi Electric Supply Company are estimated at Rs1.98 billion. Other major revenue sources include Rs1.51 billion from the municipal services department; Rs1.26 billion from the master plan department; Rs1 billion from the Karachi Building Control Authority; Rs805 million from the works and services department; Rs814 from the finance and planning department; Rs567 million from the enterprise and investment promotion department; Rs135 million from the coordination department; Rs129 million from the transport and communications department; Rs85 million from the community development department; Rs54 million from the health department; Rs46 from the Karachi Mass Transit Cell; Rs1.45 billion from the Water and Sanitation department (KW&SB); and funds for devolved departments of the Sindh government through a single-line transfer system (salary, non salary, ADB etc) are Rs17.32 billion.
A total of Rs24.13 billion has been allocated for development projects. Besides a hefty allocation for the health and education sectors, over Rs9.15 billion has been allocated for works and services; Rs3.4 billion for the annual development programme (district); Rs1.15 billion for municipal services; Rs556 million for community development; Rs506 million for information technology; Rs533 million for transport and communication; Rs367 million for agriculture; Rs225 million for the Karachi Mass Transit Cell; Rs205 million for the master plan; Rs39 million for E&IP; Rs1.34 billion for the coordination group and Rs22 million for literacy.
An amount of Rs120million has also been earmarked for the Karachi Circular Railway while funds have also allocated for the Landhi, Korangi Cottage Industry, the Karachi Institute of Heart Diseases, the Cardiac Care Emergency Units, storm water drainage system, procurement of emergency fire extinguishing equipments and vehicles and construction of an oil tankers’ terminal at Zulfiqarabad.
The EDO of the finance and planning department, Naila Wajid, presented the budget documents to Administrator Fazlur Rehman, who signed and approved the CDGK’s budget for the financial year 2010-11.
The city government claimed that the draft budget for 2010-11 had already been approved by the City Council through its Resolution No 4 on May 7, 2010.