Vellakovil City Development Plan - Municipal

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