Bhubaneswar, May 12: The municipal corporation expects to collect Rs 130 crore on account of various taxes from residents of the city capital. The funds will be used for to create more parks and green cover across the city.

In the last financial year, the Bhubaneswar Municipal Corporation had collected Rs 100.13 crore from holding tax, user fees, trade licence and advertising tax, among others, compared to a set fiscal target of Rs 238.90 crore.

Out of the total collection of Rs 100.13 crore, the civic body had procured Rs 9.79 crore from user charges, Rs 15.85 crore from advertising tax, Rs 3.91 crore from trade licence, Rs 2.41 crore from parking fees, Rs 1.3 crore from market rent among others. The collection was a mere Rs 69.55 in 2015-16.

Municipal commissioner Krishan Kumar said the revenue collection of the previous fiscal had been good and the corporation had decided to invest more in creating facilities for people and green cover across the city.

"We will develop more parks so that people get more space for recreation and to stay fit," said Kumar.

In its annual budget, the civic body has fixed a target to collect Rs 257.57 crores from various taxes and rents during the 2017-18 fiscal, which includes Rs 44.11 crore only from user charges.

"It is not always possible to collect the fixed amount. It always differs and the collection in the previous fiscal is really good," he added.

Sources said revenue from advertising tax had become more than Rs 5 crore this year following strict monitoring activities and adoption of an online self-declaration system. Parking fee collection also saw an increase in Rs 1.5 crore as it was developed on public-private partnership.

Moreover, markets provided an increased revenue base as leasing out of property at BMC-Bhawani Mall at Sahid Nagar has become successful.

Mayor Ananta Narayan Jena said the municipal corporation was committed to the welfare of its citizen.

"We will concetrate more on development activities," said Jena.

Additional civic commissioner Alok Kumar Kar said the state government had already designated three zonal deputy commissioners as special certificate officers under the Odisha Public Demand Recovery Act, 1962, and if needed, they may order for seizure of property from defaulters.

"This year, we are going to implement the Act for collection of more taxes," said Kar.

Civic body's revenue expert Bibhu Behura said that many of the about 73,000 dwelling units of the city were not mapped properly according to their exact sizes.

"After proper assessment and inclusion of all new holdings, the number may cross 1 lakh," said Behura.

"Once all the holdings are included in the citywide tax base, the civic body would get about Rs 60 crore alone from the holding tax," the revenue expert added.

The holding units (both commercial and residential) are now being digitally validated for clearer measurement and tax transactions in future.