PMC to Present ₹11,601 Crore Budget for 2025-26 in March
The Pune Municipal Corporation (PMC) is set to present its budget for the 2025-26 financial year in the first week of March, with final preparations underway. The civic body aims to complete all budget-related work, including printing, within the next 15 days. In March 2024, the PMC administrator had presented a budget of ₹11,601 crore, marking an increase of ₹2,086 crore compared to the ₹9,515 crore budget for 2023-24. This was the first time the budget estimates had crossed the ₹10,000-crore mark. For the upcoming fiscal year, PMC is banking on ₹2,000 crore in financial aid from the state and Central governments. A significant portion of the budget, approximately ₹1,200 crore, has been proposed for road infrastructure, focusing on 33 missing links, with priority given to 15 high-traffic roads and 17 additional road projects.
PMC officials cited challenges in utilizing last year’s budget due to the election code of conduct, which imposed restrictions on fund allocation for voter-impacting projects, slowing down civic work. Allocations for last year’s pending projects are expected to be a key focus in the new budget. In 2023, PMC crossed the ₹9,000-crore mark, presenting a budget of ₹9,515 crore, which was ₹923 crore higher than the ₹8,592 crore budget for 2022-23. That budget emphasized revenue sharing from building permissions issued by the Pune Metropolitan Regional Development Authority (PMRDA), recovery of property tax dues, and increased public-private partnerships for civic projects.
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