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Tweaked accounting procedure helps Corporation show surplus in budget
- | Thursday | 23rd March, 2017
| Photo Credit: S_ SIVA SARAVANANA change in accounting procedure has helped the civic body present a surplus budget for 2017-18. Corporation Commissioner and Special Officer K. Vijayakarthikeyan releasing the 2017-18 budget copy at the Corporation office on Wednesday. The coming financial years would see the civic body in better financial health. Corporation Commissioner and Special Officer K. Vijayakarthikeyan, who presented the budget in the presence of Deputy Commissioner P. Gandhimathi, Assistant Commissioner-Account R. Senthilkumar and others, said that this year’s budget had accounted the surplus to be ? 13.04 crore. This had helped the Corporation arrived at a realistic revenue picture, Mr. Vijayakarthikeyan said and added that a surplus budget would mean better planning and streamlined spending.
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