Summary:
We have collected Rs 50.57 crore through water tax as against the target of Rs 54.40 crore. We have launched concession schemes for water tax and property tax due to which the revenue collection has shot up significantly on both these fronts as compared to last year. We have already received Rs 3 crore water tax dues from the police.”Owing to the decline in revenue collection, KMC will have to depend heavily on the government grants. Though the initial target was Rs 76 crore, the target was revised and the department could generate Rs 58 crore at the end of the fiscal. Of the Rs 67 crore that it had targeted, the town planning department could rake in only Rs 36 crore..