2021-22 Analysis (Budged x Actual)


Each year, the annual budget is presented for the upcoming financial year - along with a revised estimate of the budget for the previous year, and the actuals for the year preceding that. For example, the 2023-24 budget document includes the revised estimate for 2022-23, and the actual figures for 2021-22. A comparative analysis of the budgeted and actual figures for the year 2021-22, makes for a good point of analysis. While reading these numbers we must keep in mind that 2021-22 was a Covid year.
Budgeted Actual
Income 8370,00,00,000 6806,87,04,681
Expenditure 8370,00,00,000 7545,01,74,316

Income

Key Observations
Category Budgeted Actual
Building license & fees, rents, funds 1655,07,90,000 1766,35,49,847
Education 177,25,91,000 151,50,62,496
GST 1985,88,00,000 2062,49,50,000
Interest income 47,00,00,000 80,61,16,757
LBT 170,57,00,000 277,05,95,714
Loans 100,00,00,000 0
Mandatory balance 2,00,000 2,00,000
Miscellaneous 182,96,38,000 149,34,81,806
Property tax 1526,65,00,000 702,19,91,359
Public health 13,07,21,000 43,03,14,307
Public utilities 23,86,60,000 3,20,38,860
Roads 520,26,00,000 388,73,05,021
Sanitation and solid waste management 53,10,00,000 54,92,28,509
Sewerage 661,00,00,000 437,68,00,071
Water supply 1253,28,00,000 689,70,69,934
Total 8370,00,00,000 6806,87,04,681
  • On comparing the budgeted Income figures and the actuals for the year 2021-22, we observe a shortfall of 18.68 %. This means that only 81.32 % of the income target for the year 2022-23 was achieved.
  • Being a year affected by COVID-19, there was a significant increase in funds from the State Government for Public Health, hence we can observe an increase of 229% in the actual income for Public Health as compared to the budgeted values.
  • Collections from LBT and funds from GST collections have both surpassed the budgeted values in the year 2021-22.
  • The total actual income from Property Tax was only 46 % of the budgeted amount, with the actual collections from citizens being the lowest at 43.46 % of the budgeted amount.
  • Of the 200 crore that were expected from sale of bonds for the 24 * 7 water supply scheme, no amount is seen to have been collected. This has led to the actual income from Water Supply department to be only 55% of the budgeted income.

Expenditure

Key Observations
Category Budgeted Actual
Capital Expenditure - Uncategorized 2454,99,40,000 2125,34,37,455
Education 505,36,37,000 374,07,14,894
General administration and tax collection 919,44,85,200 862,65,25,291
Miscellaneous 477,17,80,500 462,99,89,889
Planning and infrastructure development 619,44,71,800 558,16,99,118
Public health 360,78,80,000 590,01,17,259
Public utilities 111,50,69,500 69,21,62,897
Road maintenance and lighting 282,99,62,000 204,48,75,030
Sanitation and solid waste management 574,72,74,000 534,47,18,222
Sewerage 761,35,80,000 642,74,72,807
Social welfare 251,86,00,000 223,70,40,000
Water supply 1050,33,20,000 897,14,21,454
Total 8370,00,00,000 7545,01,74,316
  • On comparing the budgeted expenditure figures for the year 2021-22 and the actuals we observe a shortfall of 9.86 %.
  • This means that only 90.14 % of the budgeted expenditure was executed in the year 2021-22.
  • The most significant gaps in expenditure were in Education, Public Utilities and Roads.
  • The Public Health department recorded a significant over-spending to the tune of 63.53 % which is not surprising in a Covid year.
  • Overall we can observe that the corporation has been able to spend close to 85.42% of the budgeted expenditure on Water Supply. Within which supply using tankers records a 79.12 % over expenditure.