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IPOH (Sept 2): Ipoh City Council anticipating there will be around RM16 million of deficit, as the city’s expenses has increased due to the Covid-19 pandemic, reported The Star.
In its tabled 2021 Budget, Ipoh City Council stated that the expected expenditure for next year is around RM236 million, while forecasted revenue is RM220 million.
Ipoh Datuk Bandar Datuk Rumaizi Baharin said a bulk of the expenditure would be for the city council’s operating expenses (RM208 million) - RM98 mil for emoluments; RM99 mil for services and supplies; RM1mil for purchase of assets; RM4mil for grants and fixed charges; RM6mil for other expenses.
“Our finances have been affected by the Covid-19 pandemic and the expected operating expenses is RM6mil higher than last year… Our past experiences in managing the budget by ensuring prudent spending, strengthening efficient work culture and reducing wastage have kept operating expenses to a reasonable amount,” he added.
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