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Gudiyattam Gudiyattam Town - Municipal

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Chapter ñ 9 Final Report: <strong>Gudiyattam</strong> <strong>Municipal</strong>ity<br />

Table 9-1: Property Tax Components<br />

S.No Particulars % (Per Annum)<br />

1 General 5.75%<br />

2 Water Tax 3.75%<br />

3 Drainage 1.25%<br />

4 Lighting 3.00%<br />

5 Scavenging 1.25%<br />

6 Education 2.50%<br />

Total 17.50%<br />

The total number of property tax assessments is 14536 Nos. the breakup of which is<br />

as below :<br />

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

S.No Particulars Nos.<br />

1 Domestic 10063<br />

2 Commercial 3923<br />

3 Industrial 522<br />

4 State Government Properties 18<br />

5 Public Sector Undertakings 10<br />

Total 14536<br />

The total number of unapproved layouts in the <strong>Municipal</strong>ity is 11 Nos. and there are<br />

no un-approved layouts for which property tax assessment is carried out. The last<br />

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 95.54 -<br />

2 2002-03 96.25 0.74%<br />

3 2003-04 98.25 2.04%<br />

4 2004-05 99.71 1.46%<br />

5 2005-06 102.18 2.42%<br />

6 2006-07 114.19 10.52%<br />

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

around Rs. 65-100 lacs per annum and has grown by around 3.5-4% per annum.<br />

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

S.No Property Tax<br />

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

2001-<br />

02<br />

2002-<br />

03<br />

- 73 -<br />

2003-<br />

04<br />

2004-<br />

05<br />

2005-<br />

06<br />

2006-<br />

07<br />

1 Demand<br />

- Current 103.69 104.47 106.62 108.27 110.93 97.02<br />

- Arrears 108.84 122.85 138.92 152.60 190.85 79.51<br />

Total 212.53 227.32 245.54 260.87 301.78 176.53<br />

2 Collection<br />

- Current 69.41 67.08 69.78 53.99 58.27 45.92<br />

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