Budget: Property tax push drives MCC’s ₹1,311 crore revenue plan
The Hindu
The Mysuru City Corporation (MCC) has set an ambitious revenue target for 2026-27, projecting significant increases in property tax, trade licences, and non-tax revenues, while setting aside substantial funds for infrastructure, digitisation, and urban development.
The Mysuru City Corporation (MCC) has set an ambitious revenue target for 2026-27, projecting significant increases in property tax, trade licences, and non-tax revenues, while setting aside substantial funds for infrastructure, digitisation, and urban development.
With an opening balance of ₹234.64 crore, MCC has projected total receipts of ₹1,311.13 crore against an estimated expenditure of ₹1,300.92 crore for 2026–27, resulting in a surplus of ₹10.20 crore.
Regional Commissioner Nitesh Patil, who is the administrator of MCC, presented the budget at the council hall on Wednesday. MCC commissioner Sheikh Tanveer Asif was present.
Regional Commissioner and MCC administrator Nitesh Patil presenting the Mysuru City Corporations 2026-27 budget on Wednesday. MCC Commissioner Sheikh Tanveer Asif was present. | Photo Credit: M.A. Sriram
Property tax continues to remain the MCC’s primary income source. As against a target of ₹252.60 crore in 2025-26, MCC had collected ₹227.82 crore by December 2025. For 2026–27, the target has been raised to ₹286.72 crore, expecting an improvement in collection.
In 2025-26, revenue from water tax and sewerage cess was moderate. Of the ₹98.51 crore target, only ₹57.80 crore was collected by December-2025. The target for the current financial year has been increased to ₹115.35 crore.
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