The Ipoh City Council (MBI) tabled a deficit budget of RM11 million for year 2022 involving an allocation of RM240 million.
Ipoh Mayor, Dato’ Rumaizi Baharin @ Md Daud said that the estimated revenue to be obtained next year is RM221 million.
He said the estimated revenue involved an increase of RM1 million compared to 2021, which was obtained from tax revenue (69 percent), non-tax revenue (23 percent) and non-revenue receipts (8 percent).
“Revenue from taxes is expected to increase by RM2.3 million or 1.5 percent for 2022.
“The estimated increase in tax revenue is based on the increase in the number of ownership of completed property that will be subjected to assessment tax. In the case of other forms of revenue, it is estimated that there will either be a decrease or it will remain the same as 2021.
“At the same time, MBI will explore several new revenues to cover the estimated revenue decline for 2022,” he said at the MBI 2022 Budget presentation session held at the MBI Meeting Hall, yesterday (August 27).
The budget speech presentation session was also broadcast live on the council’s Facebook page.
Rumaizi explained that the 2022 Budget, themed ‘Economic Recovery for Urban Wellbeing’, was distributed according to the priorities of several sectors, namely urban services, infrastructure, as well as public and social facilities and council management.
According to him, the effort to strike a balance between the stability of development based on the characteristics of a clean, green and developed city, involves the largest overall fund ever managed by the council, estimated at RM350 million.
He added that the fund’s budget covers operating expenses, development and social expenses, Malaysian Road Records Information System (MARRIS) expenses, and other provisions involving infrastructure and public facilities from the Ministry of Housing and Local Government.
“Therefore, the funds involved must be established fairly in ensuring that the programmes and fiscal plans for the development of the city of Ipoh will be carried out smoothly,” he said.
He also said that the MBI council members are always reviewing the council’s capabilities, and the needs of its citizens have contributed greatly in improving the performance and quality of council services.
“This can be seen through the commitment given in the development of social activities in the local community.
“I would also like to take this opportunity to thank the media, community leaders, voluntary organisations, resident associations and especially Ipohites who are concerned with the current developments of Ipoh in addressing the various issues we face together,” he said.