Administrator Karachi Lala Fazlur Rehman while exercising the powers of City Council Karachi vested in him under the rules gave approval of City District Government Karachi’s Rs53, 958.40million tax free budget for fiscal year 2010-2011. Earlier EDO Finance & Planning Naila Wajid Khan presented the budget books and other documents to Administrator Karachi on Tuesday and the same was finally approved by Administrator Karachi in the form of Resolution. The draft budget was already approved by the city council Karachi via its Resolution No.4 on 7th May 2010.
On this occasion Administrator Karachi said that the budget of city government Karachi has been prepared under the directive and policies of Government of Sindh. “We have tried to carry on the journey of progress and development in Karachi despite of present financial crisis in the country”, he said, adding that the budget allocations for different sectors were made on equal basis and the education and health sector received maximum amount. No new tax has been imposed even in tough current financial condition and huge amount was allocated to development works in the city. He expressed hope that the journey of development would be made continue by improving the current receipts condition.
According to the budget documents, the total receipts of City Government during fiscal year 2010-2011 are expected to stand at Rs53958.40million while the total expenditure has been estimated at Rs53874.02 million, leaving an amount of Rs84.38million as surplus.
The Revenue Department has been given topmost slot in the revenue generation list which is expected to collect Rs7648.34million in the year 2010-2011. Grants /Releases from Government of Sindh are listed next which are Rs5981.72milliion. The total dues of defunct KMC/KDA against KESC are Rs1983.06million. The other major revenue sources include Rs1512million from Municipal Services, Rs1266.32million from Master Plan, Rs1000million from KBCA as transfer of income, Rs805.33million from Works & Services, Rs814.92million from Finance & Planning, Rs567.30million from Enterprise & Investment Promotion, Rs135.55million from Coordination, Rs129.10million from Transport & Communication, Rs85.49million from Community Development, Rs54.37million from Health, Rs46.43million from Karachi Mass Transit Cell, Rs14597.80million from Water & Sanitation Department(KW&SB). Funds for Devolved Departments of Government of Sindh through Single Line Transfer System (Salary, Non Salary &I ADP) are Rs17, 329.96million.
City Government has for the first time set aside an amount of Rs120million for Circular Railway which is more than its share for this project while other handsome allocations are also made for Landhi Korangi Cottage Industry, Karachi Institute of Heart Diseases, Cardiac Care Emergency Units, Storm water drainage system, procurement of emergency fire extinguishing equipments and vehicles and construction of oil tankers terminal in Zulfiqarabad. A total of Rs24,137.16million has been allocated for development projects in the city government budget for 2010-2011.
City Government has allocated major amount of Rs11, 285.06million for Education and Rs9156.09million for Health Budget. The total amount allocated for Education and Health is 30 percent of the total budget while Rs9156.09million has been set aside for the budget of Works & Services. The other allocations in budget include Rs3400million for Annual Development Program(District), Rs1156.46 for Municipal Services, Rs556.34million for Community Development, Rs506.25million for Information Technology, Rs533.20million for Transport & Communication, Rs367.09million for Agriculture, Rs225.64 for Karachi Mass Transit Cell, Rs205.88million for Master Plan, Rs39.82million for E&IP, Rs1349.89 for departments of Coordination Group and Rs22.09million for Literacy
Afterwards Administrator Karachi Fazlur Rehman along with EDO F&P Naila Wajid Khan and other officers of finance department called on Governor of Sindh Dr. Ishrat-ul-Ebad Khan at his office and briefed him about the city government budget…