Income & Expenditure Review of Mymensingh Paurashava slide image

Income & Expenditure Review of Mymensingh Paurashava

Municipal Finance Scenario in Bangladesh ➤ Municipal finance is about the revenue and expenditure decisions of municipal authorities. ➤ It covers the sources of revenue that are used by municipal authorities - taxes (property, income, sales, excise taxes), user fees and tolls are paid to Paurashavas by residents where as Annual Development Program (ADP) is provided by the GOB ➤ It includes ways of financing infrastructure through the use of operating revenues and borrowing as well as charges on developers and public-private partnerships. Municipal finance also addresses issues around expenditures at the local level and the accountability for expenditure and revenue decisions, including the municipal budgetary process and financial management. > Local government organizations are rely very much on their own source revenues, especially taxes, user charges and fees. They are also heavily dependent on transfers from central government grant and fund from the development partners.
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