Tamil Nadu Urban Infrastructure Financial Services ... - Municipal

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11 Waste generation per capita (gms) 414 Composing, Source segregation and Door-to- 12 Collection efficiency (% of waste generated) 14 Compost yard area (Acres per 10,000 population) 100% 74% 15 Average vehicle trips 4 16 Source Segregation and Composting (Yes/No) Analysis of financial performance partial door collection needs implementation in a phased manner. Awareness among citizens for less usage of plastics. Scope for greater private participation covering end-to-end given the size and scope of the SWM service requirement. Exhibit 2 provides a summary of the income and expenditure of Krishnagiri Municipality. Exhibit 2 Income and Expenditure summary INCOME – Rs in lakhs 2002-03 2003-04 2004-05 2005-06 CAGR % OWN INCOME 228 222 267 267 5% Property tax 134 130 140 131 -1% Profession tax 11 12 11 15 11% Water & Sewerage Charges 29 25 53 48 18% Other Service Charges & Fees 6 9 7 22 57% Other Income 48 46 56 52 3% ASSIGNED REVENUE 55 96 35 66 7% DEVOLUTION FUND 154 127 160 56 -29% PRIOR PERIOD INCOME 20 6 77 4 -44% TOTAL 458 452 539 398 -5% EXPENDITURE – Rs in lakhs 2002-03 2003-04 2004-05 2005-06 CAGR % Salaries 159 168 143 179 4% Operating Expenses 82 127 92 86 1% Programme Expenses 1 1 1 1 -20% Administrative Expenses 19 10 11 86 65% Finance Expenses 34 36 0 20 -16% Depreciation 78 82 102 16 -41% Prior Period Expenses 2 2 0 6 49% TOTAL 298 345 247 378 8% SURPLUS - (Excl.Depr) 160 107 291 20 -50% Operational Ratio (Total Exp/Total Income) ( All figures in Percentage) Avg. Incl Depreciation 85% 95% 76% 98% 89% Excl. Depreciation 68% 77% 53% 94% 73% Debt servicing (Rs in lakhs) Loan repayments - Interest 37.01 25.64 38 19.56 120.21 Loan repayments - Principal 12.28 8.27 7.28 7.59 35.43 Debt servicing Vs Income 11% 8% 8% 7% 8.40% Source: Krish-M and IMacs analysis As seen from the table Income has grown at CAGR of 8.5% up from FY 03 to FY05, but has dipped in FY06. The ULB has therefore slipped from a positive cash surplus scenario to a deficit in FY 06. However, it should be noted that the financials for 2005-06 are un-audited figures and are subject to change. Some of the discrepancies observed are listed below: CCP cum BP – Krishnagiri Municipality iv
There seems to be some discrepancy in devolution income, which has fallen steeply from Rs. 160 lakh in FY 05 to Rs. 55 lakh in FY 06. Revenue from water charges has actually been shown to fall from Rs. 53 lakh in FY 05 to Rs. 11 lakh in FY 06, which seems unlikely. We have therefore taken the current demand of Rs. 41 lakh from the DCB statement for water charges as a representative revenue figure for our analysis. Further employee expenses have shown a very erratic trend dipping from Rs. 168 lakh to Rs. 46 lakh in FY 05 and again increasing to Rs.179 lakh in FY 06. We have sought clarifications on these aspects from the municipality. Contribution to Employee PF has increased in FY 06 to Rs. 85 lakh from Rs. 65000 in FY 05 and other administrative expenses has increased from Rs. 1.26 lakh to Rs. 65 lakh during this period. (Other expenses is very high). There has been no expenditure shown under Finance charges and Depreciation during FY 05. Capital Investment Plan, priority projects and technical assistance requirements Exhibit 3 provides a summary of the CIP for Krish-M. The CIP has been prepared based on Normative gaps in infrastructure services given existing status and norms for service delivery. Status and progress on projects identified as part of the Vision Plan (2004-09) Consultations with stakeholders and feedback on our presentation to the Council. Discussion with Krish-M officials and review with TNUIFSL and CMA List of projects Exhibit 3 Capital Investment Plan summary (Rs in lakhs) 2008 2009 2010 2011 2012 TOTAL Water Supply 187 1,617 1,617 1,617 1,617 6,657 Sanitation 25 811 915 894 - 2,645 Solid Waste Management - 631 - - - 631 Roads and Transportation - - 127 127 113 367 Other assets 63 - 40 70 30 203 Urban services for poor 0 526 526 526 526 2,105 TOTAL 275 3,586 3,226 3,235 2,286 12,608 List of projects identified for implementation by Krish-M are listed in Exhibit 4 below. Exhibit 4 List of projects: FY 2008-12 Sl. No Sector Project Cost Status Rs. Lakh 1 Water Supply Hogenakkal water supply project- Krishnagiri component 6470 Water Treatment Plant of 7.30 MLD 165 Proposed. DPR being prepared by TWAD Project Planning stage CCP cum BP – Krishnagiri Municipality v
Page 1 and 2: Tamil Nadu Urban Infrastructure Fin
Page 3 and 4: 7.8 ROADS, TRANSPORTATION AND STREE
Page 5 and 6: Exhibit 7.10 Solid Waste Management
Page 7 and 8: Executive Summary The Tamil Nadu Ur
Page 9: 3. Review master plan and explore s
Page 13 and 14: 3. Roadmap for 135 LPCD water and 2
Page 15 and 16: Hence Krish- M is constrained in me
Page 17 and 18: 1.2.2 Scope of work A brief summary
Page 19 and 20: In phase II, we validated the findi
Page 21 and 22: 2.2 Krishnagiri municipality - admi
Page 23 and 24: 2.3.2 Ward wise population Populati
Page 25 and 26: 3. Economic profile and Land use Th
Page 27 and 28: Residential Use including roads and
Page 29 and 30: 3.4 Recent developments Exhibit 3.4
Page 31 and 32: town. Exhibit 4.2 gives details of
Page 33 and 34: 4.3.1 Issues and gaps Exhibit 4.6 s
Page 35 and 36: Exhibit 4.8 Details of proposed UGD
Page 37 and 38: 4.5 Solid Waste Management (SWM) Ex
Page 39 and 40: 4.7 Transportation, Bus stands and
Page 41 and 42: 4.7.4 Issues and gaps Specific issu
Page 43 and 44: 4.10.2 Hospitals and medical facili
Page 45 and 46: 5. Urban governance and management
Page 47 and 48: TUFIDCO - TUFIDCO, a State owned Or
Page 49 and 50: awareness programs and implements v
Page 51 and 52: c) Roads and Highways. Department o
Page 53 and 54: Revenue from water charges has actu
Page 55 and 56: Year Exhibit 6.4 Property tax - ana
Page 57 and 58: 6.3.4 User Charges / Fees Water cha
Page 59 and 60: 6.4 Analysis of Costs Exhibit 6.10
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6.5 Loans and Finance charges Exhib
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6.6.3 Water Supply Charges Category
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7.1.3 Review master plan and explor
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On the reform agenda, however, at 5
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SERVICE LEVEL GOALS AND OUTCOMES Ex
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Exhibit 7.8 Sanitation - Capital In
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Exhibit 7.11 Solid Waste Management
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12 Road 113 113 113 338 164 861 1,3
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Sl. No Sector Project Cost Status R
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Segment Suggestions Reflection in C
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This section details the asset mana
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Immediate Interventions a) Create b
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Sl.No ASSET MANAGEMENT / DEVELOPMEN
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8. Project profiles, analysis of ri
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Project Cost Rs. 165 lakh existing
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9. Reform agenda and Technical assi
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Engineering and project development
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8. Initiate formal and independent
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Issues Recommended Interventions Im
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Business Entities (other than compa
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10. Sustainable financial and opera
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10.1.5 Assets The addition to asset
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10.4.1 Summary Exhibit 10.8 below p
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