The House on Wednesday unanimously approved the estimated budget for the financial year 2026-27 at a special meeting held at John Hall in Civil Lines. The meeting was chaired by Mayor Rajrani Malhotra.

During the meeting, Vijay Kumar, Chief Accounts Officer,  MCG, tabled the budget estimates for 2026-27 before the House. He informed the members that the corporation has projected an income of ₹1,918 crore and an expenditure of ₹1,875 crore for the coming financial year.

The revenue is expected to come from various sources.

From water and sewerage charges, collections are projected at ₹80 crore against last year’s ₹50 crore, of which ₹56.38 crore (103.36% of planned receipts) is expected this fiscal. Income from municipal bonds is pegged at ₹25 crore for 2026-27, the same as the last year’s estimate even as the collections so far this fiscal have been nil. Other major heads include advertisement permission fees at ₹120 crore.

The overall budget for sanitation and solid waste management expenses for 2026-27 has been estimated at ₹400 crore, said the civic body, while property tax collections are projected at Rs 325 crore, compared to Rs 332 crore collected so far this fiscal.

Expected collections from stamp duty for the coming financial year stand at Rs 500 crore. The civic body collected Rs 239 crore in 2025-26 even as the estimates were pegged at Rs 500 crore.

Mayor Malhotra said the MCG’s budget for 2026-27 has been prepared with the objective of ensuring balanced and comprehensive development of the Millenium City. She added that special emphasis has been laid on strengthening sanitation services, improving basic amenities and upgrading the city’s infrastructure.

Municipal Commissioner Pradeep Dahiya said that all schemes and development works included in the budget would be implemented effectively and transparently. He added that the corporation would strive to further improve sanitation, basic services and civic amenities so that the city could emerge as a clean, well-managed and modern one.