RCB approves Rs7.21b budget for FY27

Earmarks Rs1.1b for development and infrastructure projects

RAWALPINDI:

The Rawalpindi Cantonment Board (RCB) has approved a budget of Rs7.21 billion for the fiscal year 2026-27 and forwarded it to the competent authority, the Director Military Lands and Cantonments (ML&C), Rawalpindi Region, for final approval.

The budget was approved during a board meeting chaired by Station Commander and President Cantonment Board Brigadier Syed Anjum Ali. The meeting was attended by nominated member Zahid Bakhtawari, Cantonment Executive Officer Aamir Rashid and other officials.

According to budget documents, the total outlay for the new financial year stands at Rs7.21b. An amount of Rs1.1b has been allocated for development projects, original works, and maintenance and repair (M&R) schemes.

Funds have been earmarked for road construction and rehabilitation, street infrastructure, sewerage systems, street lighting, water supply projects and other civic improvement schemes.

The board has allocated Rs3.3b for salaries and pensions, while Rs803 million has been set aside for miscellaneous expenditures.

Officials informed the meeting that the board had achieved all revenue recovery targets during the outgoing fiscal year. Against a house tax recovery target of Rs1.8b, the board collected Rs1.85b. Revenue targets relating to water charges, TIP and other municipal levies were also fully met.

The meeting agreed to continue efforts aimed at gradually reducing unnecessary expenditure, improving revenue collection and identifying new sources of income in the coming financial year