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Surplus budget for Margao civic body BY HERALD REPORTER MARGAO, FEB 14 - Margao Municipal Council's Standing Committee on Tuesday passed a Rs 18 lakh surplus budget for the financial year 2006-07 and has made a provision of Rs two crore for development works. While the total receipts were pegged at Rs 1164.07, the expenditure is being shown at Rs 1146.15, a surplus of Rs 18 lakh. A provision of Rs 15 lakh has been made for installation of computers, Rs 12 lakh for the rehabilitation of mundkars at the Malbhat pick-up stand and kiosk and Rs 25 lakh for land acquisition. On the receipt side, the Council expects to receive Rs 493 lakh as grant-in-aid from the Government, Rs 316 lakh as taxes and Rs 219 as revenue from municipal properties. The Municipal budget takes into account revision of advertisement tax and also the revision of trade and occupation bylaws. Municipal sources say there is every likelihood of augmentation of income on account of proposed upward revision of rent of municipal premises and collection of transfer fees. Incidentally, the liabilities on the civic body are expected to increase this year due to filling up of newly created as well as vacant posts. The budget estimates will now be presented before the council meeting scheduled later this month. Meanwhile, today's Standing Committee meeting has called for a proper technical report before granting sanction to fix rolling shutters to boxes in the Gandhi Market. Earlier, the Market Committee had okayed the proposal to grant the rolling shutters to the boxes, raising a pertinent question whether shutters can fit into boxes. -- Peace be with you! Gabe Menezes. London, England