Budget announced

Our Correspondent, Satkhira
Satkhira municipality on Wednesday announced a proposed budget of Tk 18.85 crore for fiscal year 2010-2011. Announcing the budget at Pourasava auditorium, Satkhira municipal Mayor Sheikh Ashraful Haque said that the budget is a development-oriented one aiming at providing better civic facilities to town dwellers. No new tax has been imposed in the budget but Satkhira municipality is determined to realise arrears, the mayor said. According to the budget Tk 6.65 crore will come revenue while the rest Tk 12.20 crore will be provided by the government as grant to meet the development expenditure. Tk 85 lakh has been earmarked for construction and renovation of roads, Tk 52 lakh for improving drainage and water supply, Tk 7.5 lakh for reconstruction of local markets, Tk 1.5 lakh for sanitary project, Tk 3 lakh for reconstruction of bridges and culverts, Tk 18 lakh for construction of park and Tk 4 lakh for reconstruction of schools.