BSS-35 DNCC announces Tk 2,567.45 cr budget for 2018-19 FY

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BSS-35

DNCC-BUDGET

DNCC announces Tk 2,567.45 cr budget for 2018-19 FY

DHAKA, July 30, 2018 (BSS)- Dhaka North City Corporation (DNCC) Panel
mayor Osman Gani today announced Taka 2,567.45 crore (proposed) budget for
2018-19 Fiscal Year (FY).

“Of the total budget, Taka 857.20 crore will come from revenue income
including Taka 400 crore from holding tax,” the panel mayor said while
addressing a press conference at the DNCC office at Gulshan in the city.

“Out of the total revenue income, the DNCC expects that 50 percent will
come from the holding tax,” he added.

Osman Gani said the corporation expects Taka 150 crore to come from
government allotments while Taka 50 crore would be special allocation from
the government and Taka 1,300 crore to be financed by the government and
foreign-funded projects.

He expected that the corporation would earn Taka 200 crore from properties
hand over, Taka 60 crore from trade licence, Taka eight crore from bus and
truck terminals, Taka seven crore from advertisement, Taka 25 crore from
cattle markets and Taka six crore from community centres in the current
fiscal year.

In the proposed budget, the corporation allocated Taka 21 crore for
mosquito control activities and Taka 78 crore for wastage management purpose.

During the conference, City Corporation Chief Executive Officer Misbaul
Islam, Chief Health Officer Brigadier General SM Saleh Bhuiyan and officials
concerned were present.

Earlier, the DNCC’s budget was Taka 2,387.80 crore for 2017-18 fiscal.

BSS/ASG/MSH/SAS/SSS/1849 hrs