Penang island council tables RM14m deficit budget for 2020
The councillors assemble as Penang Mayor Datuk Yew Tung Seang chaired the Budget meeting in George Town September 18, 2019. ― Picture by Sayuti Zainudin
“The revenue from assessment rates is expected to increase by 62.44 per cent to RM282.02 million due to a review in assessment rates,” he said when reading out the MBPP Budget 2020 speech at City Hall here. He added that MBPP has proactively worked to improve its finances and had successfully collected arrears in assessment rates and quit rent from ratepayers of RM19.76 million as at July.A total RM211.99 million was allocated for projects in five main domains, cleaner , greener , safer , healthier and public amenities and infrastructure .
The RM118.83 million allocated for public amenities and infrastructure included the upgrading of hawkers complexes, food courts and waste disposal collection centres. A new five-storey MBPP building will be built at RM8.5 million in Jalan Timah, the MBPP offices in Komtar will be renovated at RM3.1 million and the MBPP Club House in Jalan Perak will be upgraded at RM2 million.
A further RM8.08 million was allocated for the maintenance of street signs, bus stops, traffic lights, traffic signs and public amenities.
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