July 29: Mechinagar Municipality collected internal revenue amounting to Rs 135,205,897 in the fiscal year 2080/81. This represents an increase of Rs 19,084,200 compared to the fiscal year 2079/80.

Meena Pokhrel Upreti, the coordinator of the municipality's Revenue Advisory Committee and deputy mayor, informed that Rs 116,121,697 was collected as internal revenue in the fiscal year 2079/80.

Upreti said that an increase of approximately Rs 20 million in internal revenue within a year is encouraging from an economic standpoint.

The municipality's revenue sub-division has been collecting revenue under 50 different headings. Property tax accounted for Rs 34,019,645, and service charges accounted for Rs 23,197,381.

Other revenue sources and headings include business taxes, map approval fees, and recommendation fees, said Upreti.

Among the 15 wards in Mechinagar, Ward No. 6 collected the highest revenue during this period, amounting to Rs 17,627,701, according to Chief Administrative Officer Agni Prasad Adhikari.

Ward No. 10 followed in second place with Rs 16,399,545 in revenue collection. On a ward basis, Ward No. 10 collected the highest property tax, amounting to Rs 5,979,043.

Prem Prasad Parajuli, the head of the revenue sub-division, stated that the municipality has set the target to collect Rs 167,700,000 in internal revenue in the current fiscal year.

The total budget of the municipality for the current fiscal year is Rs 2,052,902,000.