KCC announces Tk 345cr budget

Khulna City Corporation (KCC) on Thursday announced a budget of Tk 345.04 crore for the fiscal year 2013-14 without imposing new taxes.
Mayor (in charge) Azmol Ahmed Tapon formally placed the proposed budget, with a special emphasis on infrastructural development, in a press conference in the corporation's Shaheed Altaf Auditorium.
For the budget's funding, the KCC expects Tk 121.74 crore from government allocations, Tk 128.70 crore from donor agencies and Tk 94.59 would be mobilised from its own resources.
The proposed budget has allocated Tk 95 crore to five approved projects under the annual development programme and Tk 121.74 crore to six approved projects of different donor organisations including Asian Development Bank, said the mayor in charge.
Last fiscal, the proposed budget was Tk 309.19 crore but the revised budget was Tk 251.52 crore.
“Last fiscal our spending did not cross the proposed budget,” Azmol Ahmed Tapon said and sought cooperation from residents of the city, civil society and newly elected KCC officials to attain their goals within the proposed budget of the current fiscal year.