AMC budget may exceed ₹13,000 cr, draft to be presented today

Ahmedabad Municipal Commissioner M Thennarasan is set to present his last draft of the AMC (Amdavad Municipal Corporation) budget on Thursday.

In 2024-25, a budget of ₹10,801 crore was rolled out by the AMC Standing Committee.

The draft budget being presented today will focus on initiatives such as white-topping of roads, development of iconic roads, and prioritising environmental concerns. Infrastructure building and multi-hub developments will also be key components of this year’s budget.

According to sources, this year’s budget may exceed ₹13,000 crore.

What will be included in the AMC budget this year?

–Development of traffic junctions

–Launch of 100 new AMTS and BRTS buses

–Integration of AMTS and BRTS into a combined system, with the development of a Multi-Hub Model

–Upgrade of Jaspur waterworks

–Prioritisation of solar and green energy projects, as well as energy-saving initiatives

In the draft budget for this year, provisions have been made for property tax collection from residents. The ruling party has planned for an annual increase in tax rates. 

Sources suggest that instead of directly increasing taxes, the focus of the budget will be on collecting the pending property taxes through both old and new formulas. The AMC aims to recover the outstanding dues.

From April 1, the state government is considering implementing new rates for property taxes. If the new rates come into effect, the AMC property tax revenue will see an increase.

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