<p>Madikeri CMC presented a budget of Rs 60.50 crore for the year 2013-14. The budget has earmarked Rs 25.35 crore for the development of roads in the town. <br /><br /></p>.<p>CMC President H M Nandakumar presented the budget. The expenditure for the year would be Rs 55.27 lakh and a sum of Rs 5.22 crore is saved. <br /><br />The CMC had presented budget worth Rs 42.83 crore during 2012-13. The CMC is expecting a revenue of Rs 11.61 crore from taxes, Rs 39.55 crore from other sources. Compared to last year, the income has been increased by Rs 17.67 crore. <br />A sum of Rs 84.05 lakh has been earmarked for the welfare of SC/ST under 22.75 per cent programme. <br /><br />A total of Rs 26.78 lakh has been earmarked for the welfare of poor under 7.25 per cent programme. <br /><br />A sum of Rs 11.08 lakh has been kept aside for the welfare of handicapped.<br /><br />The CMC is expecting a sum of Rs 3.49 crore as taxes, Rs 1.31 crore as electricity fund, Rs 2.60 crore SFC fund, Rs 1.35 crore as rent from commercial complexes, Rs 5.80 lakh from advertisements, Rs nine lakh from trade license, Rs 2.50 lakh from the sale of tender forms, Rs 11.70 lakh from solid waste collection, Rs 63.66 lakh as water tax, Rs 1.05 crore as property tax. <br /><br />Member Chummi Devaiah asked why the salary paid for the CMC staff has been increased from Rs 1.90 crore to Rs 3.49 crore? <br /><br />Reacting to it, Commissioner N M Shashikumar said that with the sixth pay commission, the salary of the staff has been increased. As a result, a sum of Rs 3.49 crore has been earmarked for the permanent employees and Rs 14.50 lakh for temporary/outsourced employees.<br /><br />The President said that the CMC is expecting income of Rs 63 lakh during the year. However, the CMC is spending Rs 1.1 crore for the supply of water. <br /><br />After the completion of Kundamestri water project, the water tariff needs to be revised. The CMC will have to mobile resources. <br /><br />CMC Vice president Vasanth Keshav was present.<br /></p>
<p>Madikeri CMC presented a budget of Rs 60.50 crore for the year 2013-14. The budget has earmarked Rs 25.35 crore for the development of roads in the town. <br /><br /></p>.<p>CMC President H M Nandakumar presented the budget. The expenditure for the year would be Rs 55.27 lakh and a sum of Rs 5.22 crore is saved. <br /><br />The CMC had presented budget worth Rs 42.83 crore during 2012-13. The CMC is expecting a revenue of Rs 11.61 crore from taxes, Rs 39.55 crore from other sources. Compared to last year, the income has been increased by Rs 17.67 crore. <br />A sum of Rs 84.05 lakh has been earmarked for the welfare of SC/ST under 22.75 per cent programme. <br /><br />A total of Rs 26.78 lakh has been earmarked for the welfare of poor under 7.25 per cent programme. <br /><br />A sum of Rs 11.08 lakh has been kept aside for the welfare of handicapped.<br /><br />The CMC is expecting a sum of Rs 3.49 crore as taxes, Rs 1.31 crore as electricity fund, Rs 2.60 crore SFC fund, Rs 1.35 crore as rent from commercial complexes, Rs 5.80 lakh from advertisements, Rs nine lakh from trade license, Rs 2.50 lakh from the sale of tender forms, Rs 11.70 lakh from solid waste collection, Rs 63.66 lakh as water tax, Rs 1.05 crore as property tax. <br /><br />Member Chummi Devaiah asked why the salary paid for the CMC staff has been increased from Rs 1.90 crore to Rs 3.49 crore? <br /><br />Reacting to it, Commissioner N M Shashikumar said that with the sixth pay commission, the salary of the staff has been increased. As a result, a sum of Rs 3.49 crore has been earmarked for the permanent employees and Rs 14.50 lakh for temporary/outsourced employees.<br /><br />The President said that the CMC is expecting income of Rs 63 lakh during the year. However, the CMC is spending Rs 1.1 crore for the supply of water. <br /><br />After the completion of Kundamestri water project, the water tariff needs to be revised. The CMC will have to mobile resources. <br /><br />CMC Vice president Vasanth Keshav was present.<br /></p>
