RANCHI,JHARKHAND

2014-2015

SUBMITTED BY- MANISHA,SOUMYA (B.PLAN SEM;7th)

CONTENT

• RANCHI INTRODUCTION

• BUDGET ESTIMATE

• BUDGET OVERVIEW (MCR)

• BREAKDOWN OF REVENUE RECEIPT

• REVENUE RECEIPT ANALYSIS

• TAX REVENUES

• BREAKDOWN OF FEES AND USER CHARGES

• REVENUE ,GRANTS , CONTRIBUTION AND SUBSIDIES AS A SOURCE OF INCOME FOR MCR

• FISCAL YEAR ANALYSIS (2014-2015), (2015-2016),(2016-2017)

• INCOME ESTIMATION

• EXPENDITURE ESTIMATION

• BREAKDOWN OF CAPITAL RECEIPT

• CAPITAL EXPENDITURE

• BREAKDOWN OF FIXED ASSETS

• CONCLUSION

INTRODUCTION

Revenue receipt

Capital receipt

TAX

REVENUE

RENTAK.

INCOME

FROM

MUNICIPAL

PROPERTIES

FEE AND

USER

CHARGES.

SALES AND

HIRE

CHARGES

INCOME

FROM

INVESTMEN.

REVENUE

CRANTS

CONTRIBUTIO

N AND

SUBSIDIES

•GRANTS

CONTRIBUTIO

N FOR

SPECIFIC

PURPOSE.

•SECURED

LOANS.

•DEPOSITS

RECEIVED.

OTHER

RECEIPTS(RET

URNED OF

LOAN.

ADVANCE,

DEPOSITS

ETC)

PARTICULARS(2014-

2015)

AMOUNT(INR)

TOTAL RECEIPT 4805352725 (480 .5 C)

TOTAL EXPENDITURE 1506112970(150.6 C)

SURPLUS 3299239755 (329.9 C)

Revenue Payment

Capital Payment

•ESTABLISHM

ENT

EXPENSES.

•ADMINISTRAT

IVE

EXPENCES.

•O&M.

•INTEREST

AND

FINANCIAL

CHARGES.

•PROGRAMME

EXPENSES.

•INVESTMENT

S(GENERAL

FUNDS)..

•LOANS

ADVANCE AND

DEPOSITS

WITH OTHER.

•OTHER

PAYMENTS

(REPAYMENT

OF LOANS ,

•FIXED

ASSETS.

ADVANCES

AND OTHER

LIABILITIES

BUDGET ESTIMATE (2014-2015)

Tax- Revenue

Interest Earned

Fees and user

Charges

Grants

Income

from

Invest

ments

Subsidy

WHERE THE RUPEE GOES?

,

Salaries , wages and

bonus

O &M

Benefits , Allowance

s

Program

me

expense

s

Fixed

Assets

REVENUE

PAYMENT

0

500

1000

1500

2000

2014-2015 2015-2016 2016-2017 REVENUE 480.5 1180.2 1835.9

PAYMENT 150.6 895.6 1669.1

AM

OU

N

(CR

OR

E)

BUDGET OVERVIEW MUNICIPAL CORPORATION , RANCHI

REVENUE RECEIPT

FY 2014-2015 (Fig . In CRORE)

FY – 2015-2016 (Fig . In CRORE)

FY 2016-2017 (Fig . In CRORE)

TOTAL TAX REVENUE 20.1 14.7 58.5

TOTAL NON-TAX REVENUE 22.2 29.1 67.9

TOTAL 42.4 43.8 126.4

REVENUE EXPENDITURE 58.3 45.2 82.1

Tax Revenue Non-Tax Revenue

BREAKDOWN OF REVENUE RECEIPT

46% 46%

34%

54%

66%

54%

46%

3% 0%

13%

1%

2%

2%

33%

REVENUE RECEIPT

Tax revenue

Assigned Revenues & Compensations

Rental Income from Municipal Properties

Sales & Hire Charges

Revenue Grants, Contribution and Subsidies

Income from Investments

Interest Earned

Other Income

Fees & User Charges

34%

0%

0%

1%

12%

2% 0% 2%

49%

2015-2016

46%

1% 0% 0%

24%

1% 1%

27%

2016-2017

2014-2015

N O N T A X

REVENUE RECEIPT ANALYSIS

0

10

20

30

40

50

60

HOLDING TAX WATER TAX LATRINE TAX ADVERTISEMENT TAX

CESS TOTAL

2014-2015 6.1 2.4 1.8 0.9 8.8 20.1

2015-2016 2.5 1.5 2 2.3 6.4 14.7

2016-2017 40 3 3 2.3 7.5 58.5

(AM

OU

NT

(C

RO

RE)

HOLDING TAX also called as Retention Tax is the

obligation of the taxpayer to withhold tax when

making payments under specific heads (such as

rent, commission, payment for professional

services, salaries, contracts, etc.

CESS- (ASSESS)In India it is a tax on tax, levied by the

government for a specific purpose, the education cess, that

is levied currently is meant to finance basic education in the

country.

TAX REVENUES

46%

3% 0%

13%

1%

2%

2%

33%

REVENUE AND ITS SOURCES 2014-2015

Tax revenue

Assigned Revenues & Compensations

Rental Income from Municipal Properties

Sales & Hire Charges

Revenue Grants, Contribution and Subsidies

Income from Investments

Interest Earned

Other Income

Fees & User Charges

1% 9% 0% 0%

22%

1% 0%

27%

40%

Empanelment & Registration Charges/Fee

Licensing Fees

Fee for Grant of Permit/Permission

Fees for Certificate or Extract of Record

Development Charges

Regularisation Fees

Penalties and Fines

Others Fees

User Charges

BREAKDOWN OF FEES AND USER CHARGES

5.7 5.2

30.5

2014-2015 2015-2016 2016-2017

Revenue, grants contribution and subsidies

REVENUE , GRANTS , CONTRIBUTION AND SUBSIDIES

46%

3% 13%

1%

2%

2%

33%

Sources of Revenue EXPENDITURE

80%

7% 11%

2%

1%

Expenditure

FISCAL YEAR (2014-2015)

Sources of

revenue

Sources of Revenue

34%

1%

12%

2% 2%

49%

Key areas of investment

65% 12%

19%

4%

Expenditure

EXPENDITURE

SOURCES OF REVENUE FISCAL YEAR 2015-2016

Sources of Revenue

46%

1%

0%

0% 24%

1% 1%

27%

FISCAL YEAR 2016-2017

44%

10%

37%

3% 6%

SOURCES OF REVENUE EXPENDITURE

Sources of Revenue

Expenditure

0

10

20

30

40

50

60

Tax Revenue

Rental Income

from Municipa

l Propertie

s

Fees & User

Charges

Revenue Grants,

Contribution and

Subsidies

Income from

Investments

Interest Earned

2014-15 20.1 11.7 14.2 5.7 0.38 0.73

20`5-16 14.7 0.1 21.4 5.2 0.73 0.92

2016-17 58.5 0.5 33.6 30.5 0.75 1

AM

OU

NT

(CR

OR

E)

INCOME ESTIMATION

0

10

20

30

40

50

60

70

Establishment

Expenses

Administrative

Expenses

Operations &

Maintenance

Programme Expenses

2014-2015 46.8 4.1 64.04 0.9

2015-2016 29.5 5.3 8.6 1.6

2016-2017 36.2 8.2 30.2 5

AM

OU

NT

(C

RO

RE)

EXPENDITURE ESTIMATION

Grants, Contribution For specific purposes

Secured Loans

Unsecured Loans

Deposit works(Works as executing

Agencies)

2016-2017 1400.2 23.5 0 0

2015-2016 82.7 4.8 0 0

2014-2015 100.5 4.5 0 0

23.5 0 0 0

300

600

900

1200

AM

OU

NT

(CR

OR

E)

49% 51%

GRANTS, CONTRIBUTION FOR SPECIFIC PURPOSES

Government schemes

State Schemes

5%

95%

BREAKDOWN OF CAPITAL RECEIPT

2016-17

2015-16

0

300

600

900

1200

1500

Fixed Assets Loans, Advance

and Deposits with others

Other Payments (Repayment of Loan, Advance

and Other Liabilities)

Total

AM

OU

NT(

CR

OR

E)

Fixed Assets Loans, Advance and Deposits

with others

Other Payments (Repayment of Loan, Advance and Other

Liabilities) Total

2014-2015 92.2 0 0 92.2

2015-2016 44.2 53.9 1 99

2016-2017 1575.9 10 1 1586.9

CAPITAL EXPENDITURE

0

20

40

60

80

100

120

140

Land Buildings

Roads &

Bridges

Sewerage &

Drainage

Waterways

Public Lightin

g

Plants &

Machinery

Vehicles

Office &

Other Equipm

ents

Furniture,

Fixtures,

fittings and

Electrical

Appliances

Other Assets

Total

2015-2016 0.06 8.6 5.1 0.3 4.1 0 0.3 0.01 0.04 25.6 44.2

2014-2015 6.8 7.5 3.1 1.3 1.1 0 0.4 0.06 0.02 71.2 92.3

AM

OU

NT(

CR

OR

E)

BREAKDOWN OF FIXED ASSETS (CAPITAL EXPENDITURE)

CONCLUSION

For all the Financial Years i.e. 2014-2015, 2015-2016, 2016-2016 the Budget allocated is in SURPLUS .

As in the year 2006 the Govt. listed Ranchi amongst 250 most Backward districts in India , since then various schemes have been implimented to improve the economic condition of The District .

Finally the city is in a run to become a SMART CITY .

Major expenditure is on Various Central govt. and State govt. schemes like AMRUT, SMART city , Rajiv Awas Yojhna [RAY](State and RMC Share) , Swacha Bharat Mission , City Bus Purchase-JNNURM , Sewerage & Drainage-JNNURM etc.

Major Sources of income for the city is Tax- Revenues and Govt. Grants , Subsidies