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The Maradu Municipality in Kerala has adopted its 2026-27 budget, projecting total revenue of approximately INR 111.27 crore with planned expenditure of around INR 101.84 crore, yielding a surplus of INR 9.42 crore, officials said earlier this week. Presented by Deputy Chairperson Jinson Peter, this is the first municipal budget drawn entirely through the K-Smart digital system. The plan allocates funds to a range of urban infrastructure and community development initiatives, including tourism enhancements in Valanthakkad, installation of LED lighting on key bridges, and lift facilities on the Kundannoor-Thevara bridge. Additional provisions include upgrades to educational facilities, construction of a biowaste treatment plant, renovation of public halls and commercial complexes, and stronger enforcement against illegal hoardings. The budget emphasises both civic improvements and revenue strengthening measures.
The Maradu Municipality, which oversees civic administration in the Maradu region of Kochi, Kerala, has approved its budget for the financial year 2026-27, outlining plans to strengthen infrastructure and improve public amenities while maintaining fiscal prudence. The budget, presented earlier this week by Deputy Chairperson Jinson Peter, forecasts total revenue receipts of INR 111.27 crore against estimated expenditure of INR 101.84 crore, generating a projected surplus of INR 9.42 crore. This marks a modest financial cushion for the local authority as it steps up investment in priority areas. Advertisement
Officials highlighted that the budget was prepared using the K-Smart digital system, marking the first time the municipality has utilised this technology for comprehensive budget formulation. The digital platform is expected to enhance transparency, facilitate real-time tracking of budgetary allocations, and streamline fiscal management.
A significant focus of the 2026-27 plan is on urban infrastructure development. Funds have been earmarked for tourism enhancement in Valanthakkad, where improvements will include installation of a food court, decorative lighting and renovation of the boat jetty. Several bridges are also slated for lighting upgrades, including the Nettoor parallel bridge and the Nettoor railway overbridge, while a lift system will be installed adjacent to the steps at the Kundannoor-Thevara bridge to improve accessibility.
The budget also allocates resources for the expansion and improvement of community infrastructure. This includes upgrades to Mangail High School, construction of perimeter walls and a mini auditorium, and funds to establish a Buds School. Additionally, provision has been made to acquire land for setting up a biowaste treatment plant, reflecting municipal priority on sustainable waste management. Renovation and enhancement of civic facilities such as the Ambedkar Hall and the VP Peter Shopping Complex are also planned, alongside modernisation of the municipal office building and other public halls.
To bolster revenue stability and civic compliance, the budget proposes formation of special squads to streamline property tax collection and enforcement action against illegal hoardings. These measures aim to improve the municipality's fiscal base while enhancing urban governance and service delivery.
The 2026-27 budget reflects Maradu's intent to balance infrastructure expansion with sustainable financial management, positioning the municipality to address local needs and support future development.
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