CITY MANAGEMENT
MUNICIPAL FINANCE
Municipal finance is of great importance in India as it enables local governments to provide essential services, promote economic growth, and improves the quality of life for citizens. It supports local governance, infrastructure development, and fosters financial autonomy and accountability at the municipal level. This section includes three subsections analyzing overall budget, sectoral budget and fiscal health of the cities.
Overall Budget
It explores the actual and budgeted income and expenditure along with the budgetary variances and the various sources of income for the respective ULBs.
The data is provided by the ULB.
Sectoral Budget
It explores the income received for the 5 major services analyzed and the expenditure done against them.
The data is extracted from the annual budgets.
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NOTE: Since outcome based budgeting is not practised, data has been extracted from the annual financial statements and interaction with municipal officials.
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Fiscal Health
The fiscal health of the cities has been assessed on the basis of three financial ratios evaluating the fiscal autonomy, dependency on transfers and self reliance of the ULB.
The data for which was provided by the ULB.