For the first time in its history, the Ipoh City Council (Majlis Bandaraya Ipoh), took a precautionary stance in drafting the city’s 2021 annual budget, on the basis of caring for city dwellers who are going through the economic recovery phase from the effects of the COVID-19 pandemic outbreak.
According to Ipoh City Mayor Dato’ Rumaizi Baharin, the total budget amounting to RM236 million, with a deficit of RM10 million, aims to ensure that sustainable development can be carried out.
He added, “The budget is allocated to four major sectors: RM144.24 million (61 percent) for city services; RM58.31 million (25 percent) for infrastructure facilities; RM18.65 million (8 percent) for social & community programmes and RM14.8 million (6 percent) for council affairs management.”
The Ipoh City Council expects to earn a revenue of RM220 million in 2021, an improvement of RM14 million, or 6% increase, compared to the projected income for 2020.
“Among the main contributors to the Council’s income for the 2021 Budget is from Tax Revenue of RM150 million, equivalent to 68 percent.
“The estimated increase in tax revenue is based on the increase in the number of property holdings as a result of the development planning growth in Ipoh City.
“While the second largest contributor is Non-Tax Revenue of RM52 million, equivalent to 24 percent, followed by Non-Revenue Receipt of RM18 million (8 percent),” the mayor explained.
This 2021 Budget for Ipoh City was tabled yesterday and broadcast live through the Council’s official Facebook page.