Fiscal 2013-14: Potohar, Rawal towns’ approve over Rs1b budget

Outlay of Rs674 million and Rs1.05 billion respectively.


Our Correspondent July 04, 2013
Outlay of Rs674 million and Rs1.05 billion respectively. PHOTO: FILE

RAWALPINDI:


The two towns of Rawalpindi will spend more than rupees one billion on various projects in 2013-14.


On Wednesday, the Acting District Coordination Officer Tallat Mehmood Gondal approved the Rs674.7 million surplus budget for fiscal year 2013-14. In the budget, the Potohar Town Municipal Administration (PTMA) also declared 14 union councils as urban area eligible for Capital Value Tax from this fiscal year.

According to budget proposals, the total outlay of the budget was Rs674.7 million from which Rs290 million was the opening balance, Rs370 million was expected income and Rs183.5 million have been allocated for non-development expenditures including Rs130 million for salaries of employees.

Furthermore, Rs46 million have been earmarked for electricity bills of street lights and offices and Rs6.8 million for contingency services and commodities and remaining for miscellaneous.



Similarly, Rs310 million have been allocated for development projects which would be spent on uplift schemes proposed by local leaders of the Pakistan Muslim League-Nawaz. A total of Rs90 million have been allocated for ongoing uplift schemes and for Citizen Community Boards schemes.

During this fiscal year, the PTMA would spend Rs10 million on the completion of its cattle market in Chani Sher Alam, the main cattle market in Rawat.

Rawal town budget

The Rawal Town Municipal Administration (RTMA) approved its budget for 2013-14 on Tuesday with a total outlay of Rs1.05 billion, focusing on timely completion of ongoing development projects, improving road networks and repairing streetlights.

Town Administrator Chaudhry Muhammad Ali Randhawa approved the fiscal plan of the civic body under which a number of development projects will be executed and completed to facilitate the public.

He expressed resolve to judiciously utilise all available resources to extend maximum facilities to the town residents and make the city clean and green.

The RTMA would spend over Rs41 million to carry out various development projects, while around Rs134 million would be spent on timely completion of the ongoing schemes.

The administration has earmarked Rs3.5 million under the special loan facility “Qarz-e-Hasna” for its employees aimed at mitigating their financial suffering besides enabling them to be self reliant.

Besides, a sufficient amount has also been allocated for purchase and repair of street lights, repair of government residencies and improving road network, said the Town Administrator.

Published in The Express Tribune, July 4th, 2013.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

E-Publications

Most Read