Income & Expenditure Review of Mymensingh Paurashava slide image

Income & Expenditure Review of Mymensingh Paurashava

Way Forward ➤Municipal budget should be formulated in more realistic way rather than ambitious one. Municipalities should try to increase their internal incomes by collecting taxes and fees properly and deduct less important expenditures. ➤ Municipalities need to make citizens understand that user fees are not a tax grab but rather an important way to improve the quantity of services that people want and are willing to pay for. Tax assessment should be conducted regularly (at 5 years interval) and search for new source of tax collection. Special attention should be made on arrear tax collection. Financial incentives (i.e. tax rebate, special award) should be offered for those who pay taxes regularly. ➤Increase capacity building, awareness, motivation and training
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