Akhter Hussain Bhuiya, the administrator of Dhaka North City Corporation (DNCC), on Wednesday announced a Tk 19.84bn budget for the financial year 2013-2014.
This budget will be financed largely by an expected Tk11.95bn development assistance from the government, private, public private partnership (PPP) and foreign finance.
The DNCC expects to raise the rest of the amount from a targetted collection of Tk3.88bn holding taxes and Tk1.36bn from rent.
Apart from the revenue, DNCC expects to earn taxes and revenues from sources including holdings, trade licences, advertisements, rickshaw licences, markets and community centres.
The allocations will be spent on maintaining roads, drains, footpaths, hospitals, markets, bus terminals, public toilets and libraries among other things.