City Corporate & Business Plan - Municipal
City Corporate & Business Plan - Municipal
City Corporate & Business Plan - Municipal
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Chapter ñ 14 Final Report: Ambur <strong>Municipal</strong>ity<br />
over the next 5 years.<br />
The arrears property tax collection is 27% The same shall improve to 60%<br />
over the next 5 years.<br />
b) Profession tax<br />
Table 14-13: Assumptions ñ Profession tax<br />
The current profession tax collection is 72% The same shall improve to 95%<br />
over the next 5 years.<br />
The arrears profession tax collection is 8% The same shall improve to 50%<br />
over the next 5 years.<br />
c) Other Non Tax Income<br />
Table 14-14: Assumptions ñ Other Non Tax Income<br />
The current rental / lease collection is 88% The same shall be 95%<br />
over the next 5 years.<br />
The arrears collection % of rent / lease is over<br />
the next 5 years. 25% The same shall improve to 60%<br />
d) Water Charges<br />
Table 14-15: Assumptions ñ Water Charges<br />
The current water charges collection is 14% The same shall improve to 80%<br />
over the next 5 years.<br />
The arrears water charges collection is over the<br />
next 5 years. 10% The same shall improve to 60%<br />
e) Drainage Charges<br />
Table 14-16: Assumptions ñ Drainage Charges<br />
The current drainage collection is Nil The same shall be 80%<br />
over the next 5 years.<br />
The arrears drainage collection is Nil The same shall be 60%<br />
over the next 5 years.<br />
f) Other income<br />
The collection % of all other income is taken at 100%<br />
g) Others<br />
The collection % of all other items of income is taken at 100%<br />
14.5.25 Annuity Factor<br />
The Annuity Factor for the new loans works out as under :<br />
- 157 -<br />
Voyants Solutions Private Limited