RM2.8 billion budget for KL
> 40% for development, emphasis on housing, recreational facilities
KUALA LUMPUR: City Hall has allocated a total of RM2.871 billion for its 2017 Budget, of which 60% has been allocated for administration and the remainder for development.
KL Mayor Datuk Seri Amin Nordin Aziz revealed that there is an increment of 0.05% or RM840,000 in the administration allocation compared with the 2016 Budget as last year, the administration allocation was only RM1.727 billion.
“There is a tremendous increment for the development allocation, from RM997 million for 2016 to RM1.143 billion,” Amin Nordin told reporters during Kuala Lumpur City Hall’s (DBKL) 2017 Budget media briefing yesterday.
He added that the amount under the development allocation would be used in implementing the various development projects, including the purchase and restoration of capital assets.
“Given that the country’s economic growth for next year will be relatively slow, DBKL has no plans to raise the assessment rate or make any reassessment on all its properties.
“Instead, we will be offering 20% discount incentives on assessment rates for disabled tax payers,” he said.
Amin Nordin said to make KL a worldclass city by 2020, DBKL will emphasise on the implementation of 14 programmes, including city cleaning, public housing, maintenance of park and open spaces and recreational facilities.
“Under the public housing programme, DBKL has allocated some RM80 million for the development of Council Home projects at a few areas, namely Kampung Sungai Udang in Segambut, Razak Mansion in Sungai Besi and Kampung Keramat in Titiwangsa.
The mayor said the Council Home project would be different from the People’s Housing Projects as each location will cater to a specific target group.
“These homes are not available for purchase. Instead, it will be rented out to fresh graduates and singles working in the service industry.”
Amin Nordin said the budget would make Kuala Lumpur a safer and better place for everyone to live in.