SCC announces Tk 493.15b budget for FY 2017-18

Dhaka,  Sun,  24 September 2017
Published : 18 Aug 2017, 00:41:52

SCC announces Tk 493.15b budget for FY 2017-18

Our Correspondent

SYLHET, Aug 17: The mayor of Sylhet City Corporation announced a Tk 493.15 billion budget of Sylhet City Corporation (SCC) for 2017-2018 fiscal year while it was of Tk 338.52 million in the last fiscal.

 City mayor Ariful Haque Chowdhury announced it at a press conference at a hotel in the city this afternoon in presence of a large number of elite, SCC officials and media men.

The revenue (General) earning target from the SCC's own sources has been set at Tk 831.78 million including Tk 477.9 million from holding tax, Tk 85 million as trade licence fee,  Tk 80 million from property transfer tax, Tk 28 million from water connection fee and Tk 15 million in fee for deep tubewell setting etc. The rest amount is to come from different heads.

Besides, the target of earning from government has been set at Tk 100 billion in Sylhet city's infrastructure construction project, Tk 200 million from the government's ADP allocation, Tk 100 million in special grant, Tk 100 million for other projects' allocation, Tk 800 million in allocation for the project to reclaiming the 11 canals and construction of RCC retaining wall, Tk 290 million for procurement of machinery etc.

Besides, Tk 218.5 million is targeted as Indian government grant (committed) for improvement of environment and construction of educational institutions.

The revenue expenditure is set at Tk 488.97 million to be spent for establishment, education related works, grant for social and religious organisations, health & sanitary sector, tree plantation, sports & games, electrification of roads, water line repair etc.

Another amount of Tk 344 million has been set for different infrastructural development projects, development of bus terminal, markets etc.

Tk 500 million would be spent for land acquisition and development for different purposes.

In his speech the mayor said we are working on a major programme to be started for modern management of medical wastes as soon as possible. Besides, the water treatment plant at Kushitek area would soon be put into full operation to supply additional 28 million litres water daily. On the other hand, a new water treatment plant of 50 million litres capacity is awaiting approval from the government, he added.

The mayor in his address sought all out cooperation from the city dwellers to make Sylhet a clean city.
Editor : A.H.M Moazzem Hossain
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