AMC placed vote-on-account of Rs. 1.42 crore for next 4 months

In absence of full-fledged state government’s budget, the Agartala Municipal Corporation (AMC) on Monday has also placed a vote-on-account of Rs. 1.42 crore for next four months.

 After assembly elections, the Tripura government did not place a full-fledged budget for the next financial year and placed vote-on-account in the first assembly session, similarly, the AMC council for consideration and necessary approval for the greater fiscal discipline  prior to the end of every financial year.

While addressing a press conference, AMC Mayor Dipak Majumder said that this year, the regular budget could not be placed due to the conduct of the general elections-2023 for the legislative assembly.

Now with a view to ensure uninterrupted financial transactions of AMC, a makeshift arrangement by way of vote-on account for the period of 4 months from 1st April to 31st July, 2023 is required to be prepared and get it approved in the council meeting.

He said that AMC officials have prepared the vote-on-accounts with consent of the municipal authority, which has been placed in the Monday’s council meeting.

Majumder said that the tentative income during the same period is Rs.141.89 core, while the expenditures stand at 142.10 crore only leaving a deficit of Rs. 21.52 lakh as per the projected estimates which is to be compensated by giving special efforts in the collection of property tax, trade licence, building permission fee etc.

However, the budget for the financial year 2023-24 shall be prepared and presented in the house during the month of July, 2023 and on April 26 next, the AMC council will again meet to pass the vote-on-account.