An Analysis of Revenue Receipts and Expenditures of Firozabad Municipal Corporation of Uttar Pradesh

Original Study

Open Access

Peer-reviewed

An Analysis of Revenue Receipts and Expenditures of Firozabad Municipal Corporation of Uttar Pradesh

Vishnu Verma , Prof. L. N. Koli

DIP: 18.02.003/20240903

DOI: 10.25215/2455/0903003

Received: August 06, 2024; Revision Received: August 12, 2024; Accepted: August 16, 2024

Abstract

India recently adopted a three-tier governance architecture to achieve effective and efficient management. Municipal Corporations are one of them, and they play a significant role in city growth. The goal of this study was to look at the revenue and spending sources of the Firozabad Municipal Corporations in Maharashtra. This study is based on the financial statements of Firozabad Municipal Corporation. Based on an analysis of Firozabad Municipal Corporation’s four-year financial records, researchers determined that operations and maintenance expenditures have consistently grown, while Municipal Corporation total earnings have not increased in the same proportion. Municipal Corporations must diversify their revenue streams while reducing operating and maintenance costs in order to maximize profitability.

Keywords

The author(s) appreciates all those who participated in the study and helped to facilitate the research process.

The author(s) declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Vishnu Verma @ vishnuverma961@gmail.com

An Analysis of Revenue Receipts and Expenditures of Firozabad Municipal Corporation of Uttar Pradesh

Total Download: 4 | Total View: 43

PlumX Matrix

Plum Analytics uses research metrics to help answer the questions and tell the stories about research. Research metrics that immediately measure awareness and interest give us new ways to uncover and tell the stories of research.

Dimensions Matrix

Dimensions is a next-generation linked research information system that makes it easier to find and access the most relevant information, analyze the academic and broader outcomes of research, and gather insights to inform future strategy. (digital science)

Article Overview

ISSN 2348-5396

ISSN 2349-3429

DIP: 18.02.003/20240903

DOI: 10.25215/2455/0903003

Published in

Volume 09 Issue 3, July– September, 2024

4Downloads
0Citations
43Views
0Likes

Navigations
References

Annual Financial Statement of Firozabad Municipal Corporation (2016-17 to 2019-20).

Bandyopadhyay, S. (2011). Finances of urban local bodies in Jharkhand: some issues and comparisons.

Dr. Makandar, M. N. (2013), Financial performance of selected city Municipal Corporations in Karnataka, Acme Intellects International Journal of Research in Management, ISSN: 2320 – 2939 (Print), ISSN: 2320-2793 (online), Volume – 4 No. 4, Pages 1-15.

Huda, M. S., &Hasan, M. R. (2009). Problems and Prospects of Municipal Holding Taxation System: A Study on BhairabPourashava. Journal of Bangladesh Institute of Planners‌,‌ ‌2, 126-135.

Katyal, H., & Kumari, R. (2014). Financial analysis of urban local bodies of India-A study of selected municipal corporations of Punjab. Galaxy International Interdisciplinary Research Journal, 2(3), 139-146.

Nallathiga, R., & Campus, M. C. R. H. R. D. I. A. (2008). Trends and perspectives of urban public finance in select countries and India. ICFAI Journal of Urban Policy, 3(1), 16-32.

Nena, S. (2014). An Empirical Study on Financial Performance of Corporations of Gujarat State. International Journal, 2(1).

Serageldin, M., Jones, D., Vigier, F., Solloso, E., Bassett, S., Menon, B., & Valenzuela, L. (2008). Municipal financing and urban development (No. 3). United Nations Human Settlements Programme.

Thanga, J. L., & Lalremruati, A. (2023). Assessment of the Municipal Finances in the North Eastern Indian State of Mizoram. resmilitaris, 13(2), 2837-2851.

Thapa, R. B. (2004). Financial resource mobilization in Pokhara sub-municipal corporation. ‌Journal of Nepalese Business Studies, 1(1), 81-84.

Vadra, R. (2010). State finances in India: Problem and prospects. JM International Journal of Management Research, 1(11), 43-53.

Vishvnath, M. B., & Sabhaya, R. A (2018). Study on Financial Performance of Selected Municipal Corporation in Gujarat State: A Comparative Study. Online Journal of Multidisciplinary Subjects, Volume-12, Issue-2, ISSN:2349-266X.