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Arani Town - Municipal

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Chapter - 9 Final Report: <strong>Arani</strong> <strong>Municipal</strong>ity<br />

3 Lighting 3.0%<br />

4 Water Tax & Sewerage Tax 7.5 %<br />

5 Education 2.5%<br />

Total 17.5%<br />

The total number of property tax assessments is 12537 Nos. the breakup of which is as<br />

below :<br />

Table 9-2: Property Tax Assessments<br />

S.No Particulars Nos.<br />

1 Domestic 11064<br />

2 Commercial 1418<br />

3 Industrial 23<br />

4 State Government Properties 32<br />

5 Public Sector Undertakings -<br />

Total 12537<br />

The last revision of Property Tax was carried out on 01.10.1998.<br />

The total property tax collections during the last 6 years ended 2006-07 is as below :<br />

Table 9-3: Property Tax ñ Growth during last 6 years<br />

S.No Year Rs. in lacs % Growth Rate<br />

1 2001-02 84.01<br />

2 2002-03 79.51 (5.66%)<br />

3 2003-04 92.00 13.58%<br />

4 2004-05 95.20 3.36%<br />

5 2005-06 98.87 3.71%<br />

6 2006-07 101.90 2.97%<br />

It may be observed from the above that the average property tax collection is<br />

around Rs. 95-100 lacs per annum and average growth over the years is around<br />

3.6%.<br />

The demand and collection of property tax over the last 6 years is as below :<br />

Table 9-4: Property Tax ñ Demand Collection % (Rs. in lacs)<br />

S.No Property Tax 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07<br />

1 Demand<br />

- Current 74.69 76.67 103.69 95.14 107.11 106.32<br />

- Arrears 80.92 71.54 153.76 146.03 164.16 213.99<br />

Total 155.61 148.21 257.45 241.17 271.27 320.31<br />

2 Collection<br />

- Current 50.61 57.78 72.78 91.12 60.08 52.11<br />

- Arrears 25.01 23.63 19.74 87.78 40.72 44.90<br />

Total 75.62 81.41 92.52 178.90 100.80 97.01<br />

Collection %<br />

- Current 68% 81% 70% 96% 56% 49%<br />

- Arrears 31% 31% 13% 60% 25% 21%<br />

Total 49% 55% 36% 74% 37% 30%<br />

. - 54 -<br />

Voyants Solutions Private Limited

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