The Guntur Municipal Corporation council approved the budget estimates for the year 2022-2023 pegged at ₹1,186.79 crore.
In the meeting on Monday, chaired by Mayor Kavati Manohar Naidu, the GMC general body discussed various development proposals and approved the budget estimates.
The Mayor said this was the first time in 11 years that the annual budget was presented in complete form. The revised estimates for the year 2021-22 were ₹708.87 crore and the financial year begins with a balance of ₹708.87 crore and a revenue of ₹477.92 crore.