Bengaluru: Bruhat Bengaluru Mahanagara Palike (BBMP) for the first time uploaded the 2022-23 Budget on its website late on the night of Thursday March 31 without any prior announcement.
Unlike previous budgets in which the BBMP explicitly stated its focus areas, this budget was packed with receipts and expenditures. The total outlay for the financial year 2022-23 is Rs. 10,484.28 Crore, with a surplus of Rs 334.63 Crore. The estimated revenue is Rs. 10,478.7 Crore, while the estimated expenditure is Rs. 10,480.45 Crore.
Under estimated receipts, 35 per cent (Rs. 3,680.15 crore) has been set as tax revenue, non-tax revenue of 22 per cent (Rs. 2,302.23 Crore), Union Government grants for 4 per cent (Rs. 436.01 Crore), State Government grants for 34 per cent (Rs. 3,576.59 Crore), and miscellaneous for 5 per cent (Rs. 489.3 Crore) of estimated receipts.
The BBMP has set aside Rs. 4,838.26 Crore for public works, Rs. 3,148 Crore for operations and maintenance, and Rs. 1,234.72 Crore for personal expenses in terms of expenditure.
Officials from the BBMP stated the Budget was uploaded just an hour before the end of the fiscal year 2021-22 due to opposition from a group of city-based ministers over fund allocation. The Budget, which was supposed to be delivered on Wednesday, was postponed at the last minute.
