City Development Plan - Municipal

Chapter ñ14 Final Report: Thiruvathipuram Municipality
Table 14-6: Ratio of Property tax
Per Annum
General 21.000% )
Scavanging - ) Revenue & Capital Fund
Lighting - )
Water Tax 4.000% } Water Supply & Drainage Fund
Drainage - }
Education 5.000% ] Education Fund
Total 30.000%
b) Profession tax
Income from Profession Tax is assumed to increase @ 1% per annum. The Profession
Tax was last revised on 1.10.2003 and the next revision is due in 2008-09. It is assumed
that every revision would contribute to 15% increase
Besides, the profession tax base would be increased by carrying out survey in 2010-
11. It is assumed that the survey would result in increase in profession tax base by 20%
in 2010-11.
c) Assigned revenue
Assigned Revenue comprises Entertainment Tax and Surcharge on Stamp Duty. It is
assumed the same shall increase as under :
Duty on Transfer of Property : 5%
Entertainment Tax : 1%
d) Devolution Fund
Devolution Fund is also assumed to increase by 7.5% per annum
e) Service charges and fees
Service Charges and Fees are assumed to increase @ 7.5% per annum
f) Grant and Contribution
No Grant has been assumed in the financial projections.
g) Sales and Hire charges
Nil income assumed from Sales & Hire Charges.
h) Other Income
Other Income comprising basically fees and other rental income are assumed to
increase @ 5% per annum.
i) Water Supply Charges
The present connection charges/deposit and tariff for water are as below :
Table 14-7: Water supply Charges - Existing
Type of service connections Connection Tariff
Residential Rs. 5000 Rs.50.00 Per month
Commercial Rs. 10000 Rs.100.00 per month
Industrial Rs. 15000 Rs.150.00 per month
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