Vellakovil City Development Plan - Municipal
Vellakovil City Development Plan - Municipal
Vellakovil City Development Plan - Municipal
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Final Report <strong>City</strong> <strong>Development</strong> <strong>Plan</strong> for Vellakoil <strong>Municipal</strong>ity<br />
The town of Vellakoil is visualized as “An clean and green town; economically self sustaining, with<br />
access to physical and social infrastructure”.<br />
Supporting this vision is a set of development objectives, defined along various sectors of infrastructure. It<br />
covers the current status, issues in the sector, likely future demand, strategies for improvement and<br />
identified projects to meet these objectives. The sectors covered in the CDP for Vellakoil include water<br />
supply, sewerage and sanitation, solid waste management, storm water drains, street lights, slum<br />
improvement and other remunerative and social projects.<br />
3. CITY INVESTMENT PLAN<br />
The summary of sector-wise investment requirements and prioritisation is given in the following table. The<br />
total investment required would be over Rs. 9018.42 lakhs.<br />
Capital Investment Needs for Vellakoil<br />
S.N Physical Infrastructure facilities Amount<br />
( in lakhs)<br />
1 Water Supply 1199.12<br />
2 Sewerage System 3300.00<br />
3 Storm Water Drains 300.00<br />
4 Solid Waste management 800.00<br />
5 Roads 2043.00<br />
7 Bus Shelter 10.00<br />
8 Street Lights 182.00<br />
9 Slum Improvement 709.00<br />
10 Parks and Play Fields 20.00<br />
11 Market 150.00<br />
12 Public Convenience 35.00<br />
13 Burial Ground 100.00<br />
14 E-Governance 16.00<br />
15 Urban Greenery 10.00<br />
16 Other Projects 100.00<br />
17 Updation of Database on GIS Platform 4000<br />
18 Property Mapping 4.30<br />
Total 9018.42<br />
4. FINANCIAL PERFORMANCE OF VELLAKOIL MUNICIPALITY<br />
The summary of the financial status of Vellakoil municipality is as follows:<br />
• In the case of Vellakoil <strong>Municipal</strong>ity, it is observed that the <strong>Municipal</strong>ity has shown net deficit in all<br />
the 5 years. Prior to depreciation, the <strong>Municipal</strong>ity has shown surplus in 4 out of the last 5 years<br />
except 2006-07. Thus the <strong>Municipal</strong>ity has earned cash surplus in 4 years.<br />
• The average current collection efficiency of the municipality is very good as compared as to other<br />
municipalities in the district in case of all the sources of income and is around 95% - 100%. The<br />
arrears collection performance in respect of Property Tax and Other Income needs to be improved.<br />
• The broad financial analysis of the Vellakoil <strong>Municipal</strong>ity finances reveal that the <strong>Municipal</strong>ity has to<br />
gradually increase its own sources of income and collection efficiency for servicing the additional<br />
borrowings in the future.<br />
• The <strong>Municipal</strong>ity’s borrowings are high at Rs. 236 lakhs compared to its income. This may result<br />
high debt service in future years. So the <strong>Municipal</strong>ity’s capacity to borrow further funds depends on<br />
its capacity to increase its revenues.<br />
To summarise, the overall income pattern of <strong>Vellakovil</strong> <strong>Municipal</strong>ity indicates both positive and negative<br />
features. The positive trends are on the income side, where the <strong>Municipal</strong>ity has higher growth rate and<br />
good collection performance.