Key Takeways
- The PMC budget has witnessed an aggressive expansion in its total outlay, to ₹15669,00,00,000, particularly as the city's geographical area grew to 516 sq. km (making PMC the largest municipal corporation in Maharashtra).
- The current fiscal year budgeted amount is approximately 16% higher than that of last year.
- PMC's revenue income is marked by a structural shift from traditional taxes to development-linked fees.
- Building Licenses & Development Charges have become the single most significant revenue driver. It accounts for close to 30% of the total budgeted revenue for the upcoming fiscal year, as opposed to just 14% in the year 2022-23.
- After years of stable growth, the 2026-27 budget targets ₹3,152 Cr collection from Property Taxes. The strategy for this year focuses on arrears recovery and resolving court-disputed dues rather than new tax hikes.
- Currently at ₹2,917.95 Cr (2026-27 estimate), the GST compensation looks to provide the baseline stability for the budget.
Income at a glance
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