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The Thane Municipal Corporation has presented its INR 6,221.12 crore budget for the 2026-27 financial year, focusing on infrastructure, healthcare, education, and basic civic services while keeping municipal taxes unchanged. Revenue income is estimated at INR 4,078 crore, with the gap to be managed through internal earnings, grants, and borrowings. Key allocations include waste management, water supply, and ward-level facilities. The administration has also highlighted financial discipline, improved transparency, and sustainable development, while targeting completion of major ongoing civic projects by the end of 2026.
The Thane Municipal Corporation has announced its budget for the 2026-27 financial year with a total outlay of INR 6,221.12 crore. The budget focuses on strengthening infrastructure, healthcare, education, and essential civic services, while no increase in municipal taxes has been proposed. Advertisement
Municipal Commissioner Saurabh Rao presented the budget during a general body meeting held under Mayor Sharmila Pimpolkar. The administration stated that the approach is to maintain financial discipline while improving living standards through sustainable development under the Green Thane initiative and better administrative transparency.
The corporation has estimated its revenue income at INR 4,078 crore, against a total expenditure of INR 6,221.12 crore. Of this, revenue expenditure is projected at INR 3,818.17 crore, while capital expenditure stands at INR 2,401.55 crore, indicating continued spending on infrastructure and long-term development works.
In terms of revenue sources, the civic body expects to generate INR 2,376 crore from its own earnings. This includes INR 1,120 crore from property tax and related fees. Additionally, INR 1,702 crore is expected from GST shares, stamp duty, and government grants. To manage the remaining financial gap, the corporation plans to raise INR 490 crore through loans and bonds. It has also indicated that efforts to bring more properties into the tax system may generate an additional INR 400 crore.
On the expenditure side, INR 1,716 crore has been allocated for salaries and allowances, reflecting a significant portion of the budget. Another INR 1,606 crore has been earmarked for basic ward-level services such as road maintenance, drainage, and local civic works. Among sector-specific allocations, waste management has been given INR 929 crore, water supply INR 448 crore, and education over INR 439 crore, showing continued focus on essential public services.
The administration also informed that ongoing infrastructure projects, including the construction of a new municipal headquarters, are expected to be completed by the end of 2026. In recent years, Thane has seen consistent investment in urban infrastructure and service delivery as the city continues to expand and face increasing population pressure.
During the meeting, the Leader of the House Hanumant Jagdale moved a resolution appreciating the commissioner's administrative work over the past two years, which was supported by Leader of Opposition Ashraf Shanu Pathan, indicating broad agreement across party lines on the budget approach.
Source PTI
FAQ
Q1: What is the total budget announced by Thane Municipal Corporation for 2026-27?
The Thane Municipal Corporation has presented a budget of INR 6,221.12 crore for the financial year 2026-27. The budget focuses on infrastructure development, healthcare, education, and essential civic services without increasing municipal taxes.
Q2: Has the corporation proposed any increase in taxes?
No, the civic body has decided to keep municipal taxes unchanged. The focus is on maintaining financial discipline while improving service delivery and infrastructure through better utilisation of available resources.
Q3: How does the corporation plan to manage the budget gap?
With revenue income estimated at INR 4,078 crore against higher expenditure, the gap will be managed through internal earnings, government grants, and borrowings such as loans and bonds. Additional revenue is also expected from expanding the property tax base.
Q4: What are the key areas of expenditure in the budget?
Major allocations include INR 1,606 crore for ward-level civic services, INR 929 crore for waste management, INR 448 crore for water supply, and over INR 439 crore for education. Salaries and allowances also account for a significant portion of the budget.
Q5: How much is allocated for infrastructure and development?
The corporation has planned a capital expenditure of INR 2,401.55 crore, indicating continued focus on infrastructure projects and long-term development across the city.
Q6: What are the main sources of revenue for the corporation?
Revenue will come from internal sources like property tax (around INR 1,120 crore), along with GST shares, stamp duty, and government grants. The corporation is also working to bring more properties under the tax system to increase collections.
Q7: What are the key goals of this budget?
The budget aims to improve civic infrastructure, ensure sustainable development under the Green Thane initiative, enhance transparency, and complete major ongoing projects by the end of 2026 while maintaining overall financial stability.
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