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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 />

Voyants Solutions Private Limited

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