Gudiyattam Gudiyattam Town - Municipal
Gudiyattam Gudiyattam Town - Municipal
Gudiyattam Gudiyattam Town - Municipal
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Chapter ñ14 Final Report: <strong>Gudiyattam</strong> <strong>Municipal</strong>ity<br />
b) Profession tax<br />
Table 14-14: Assumptions ñ Profession tax<br />
The current profession tax collection is 63% The same shall improve to 90%<br />
over the next 5 years.<br />
The arrears profession tax collection is 12% The same shall improve to 50%<br />
over the next 5 years.<br />
c) Other Non Tax Income<br />
Table 14-15: Assumptions ñ Other Non Tax Income<br />
71<br />
The current rental / lease collection is<br />
over the next 5 years.<br />
% The same shall be<br />
The arrears collection % of rent / lease is over the next 5 18 The same shall improve<br />
years.<br />
% to<br />
d) Water Charges<br />
Table 14-16: Assumptions ñ Water Charges<br />
The current water charges collection is<br />
over the next 5 years.<br />
The arrears water charges collection is over the next 5<br />
years.<br />
e) Drainage Charges<br />
- 154 -<br />
46<br />
%<br />
21<br />
%<br />
The same shall improve<br />
to<br />
The same shall improve<br />
to<br />
Table 14-17: Assumptions ñ Drainage Charges<br />
The current drainage collection is Nil The same shall be 80%<br />
over the next 5 years.<br />
The arrears drainage collection is Nil The same shall be 60%<br />
over the next 5 years.<br />
f) Other income<br />
The collection % of all other income is taken at 100%<br />
g) Others<br />
The collection % of all other items of income is taken at 100%<br />
14.5.25 Annuity Factor<br />
The Annuity Factor for the new loans works out as under :<br />
Table 14-18: Terms of Loan Funding for Proposed Investments<br />
Tenor 20 years 10 years<br />
Interest Rate 9.50% 9.50<br />
Repayment Period 15 years 8 years<br />
Moratorium 5 years 2 years<br />
Repayment Factor 0.13 0.18<br />
95<br />
%<br />
50<br />
%<br />
80<br />
%<br />
60<br />
%<br />
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