The document summarizes the budget estimates for 2013-2014 and revised estimates for 2012-2013 for the Capital Development Authority (CDA) Finance Wing. Some key points:
1) The total budget for 2013-2014 is estimated at Rs. 33,984.33 million, a 20% increase over 2012-2013. Total receipts are estimated at Rs. 37,389.25 million, a 244% increase over the previous year.
2) Development expenditure is estimated at Rs. 20,905.66 million, accounting for 62% of the 2013-2014 budget, compared to 35% in 2012-2013. Non-development expenses are estimated at Rs. 13,078.67 million, 38
The document summarizes the budget estimates for 2013-2014 and revised estimates for 2012-2013 for the Capital Development Authority (CDA) Finance Wing. Some key points:
1) The total budget for 2013-2014 is estimated at Rs. 33,984.33 million, a 20% increase over 2012-2013. Total receipts are estimated at Rs. 37,389.25 million, a 244% increase over the previous year.
2) Development expenditure is estimated at Rs. 20,905.66 million, accounting for 62% of the 2013-2014 budget, compared to 35% in 2012-2013. Non-development expenses are estimated at Rs. 13,078.67 million, 38
The document summarizes the budget estimates for 2013-2014 and revised estimates for 2012-2013 for the Capital Development Authority (CDA) Finance Wing. Some key points:
1) The total budget for 2013-2014 is estimated at Rs. 33,984.33 million, a 20% increase over 2012-2013. Total receipts are estimated at Rs. 37,389.25 million, a 244% increase over the previous year.
2) Development expenditure is estimated at Rs. 20,905.66 million, accounting for 62% of the 2013-2014 budget, compared to 35% in 2012-2013. Non-development expenses are estimated at Rs. 13,078.67 million, 38
The document summarizes the budget estimates for 2013-2014 and revised estimates for 2012-2013 for the Capital Development Authority (CDA) Finance Wing. Some key points:
1) The total budget for 2013-2014 is estimated at Rs. 33,984.33 million, a 20% increase over 2012-2013. Total receipts are estimated at Rs. 37,389.25 million, a 244% increase over the previous year.
2) Development expenditure is estimated at Rs. 20,905.66 million, accounting for 62% of the 2013-2014 budget, compared to 35% in 2012-2013. Non-development expenses are estimated at Rs. 13,078.67 million, 38
BUDGET ESTIMATES 2013-2014 & REVISED BUDGET ESTIMATES 2012-13 CAPITAL DEVELOPMENT AUTHORITY (Finance Wing)
Salient features of Budget 2013-14 are: -
a) The total spending in 2013-14 is budgeted at Rs.33,984.33 (M), which is
20%higher than the current year’s budget 2012-13.
b) Total Receipts are anticipated as Rs.37,389.25 (M) which are 244% higher 1 than the receipts of current financial year (2012-13).
c) The Development expenditure is estimated at Rs.20,905.66 (M) which is
62% of total budget 2013-14 whereas in current financial year only 35% of budget was spent on development activities.
d) The Non-Development expenses in 2013-14 are estimated to be
Rs.13,078.67 (M) which is 38% of total Budget as against 65% in current year 2012-13.
e) In line with the austerity drive of the Federal Government, measures are being put in place for reducing the expenditure by:-
- right sizing of HR. As an interim measure funding for 2,317
posts have been withheld. - abolishing of Project Management Office - rationalization of vehicle use. - economy in electricity and fuel consumption. The Authority shall save Rs.1.9 billion during 2013-14 by above measures.
f) A sum of Rs.376.87 (M) has been reserved to meet expected increase in
“pay & allowances” and “pension” under following heads. • Maintenance Grant = Rs. 26.87 (M)
• Revenue Account = Rs.350.00(M)
g) A lump sum provision amounting to Rs.885 (M) has been made for expected rise in “utility charges” such as electricity, gas & telephone etc in following heads.
• Maintenance Grant = Rs.285.00 (M)
• Revenue Account = Rs.600.00 (M)
1 Estimated Receipts (2013-14) are based on the commitments of relevant formations to achieve anticipated targets within a time frame that shall be made available to Chairman CDA & Member Finance). h) Rs.7,000 (M) have been reserved from CDA sources for 04 new development projects that are classified as ‘Priority Projects’.
i) Instead of limiting advances to a fixed amount, a revolving fund is
proposed to be created; recovery of advances is estimated to be 120.00 (M) in financial year 2013-14. An amount of Rs. 50.00 (M) is proposed as seed money for creating the revolving fund.
High lights of CDA Budget 2013-14
Budget Budget Description Estimate Estimate 2012-13 2013-14 I- Receipts A Government Grant i) PSDP 1,690.63 1,777.96 ii) Maintenance Grant 1,798.29 1,854.93 Total 'A' 3,488.92 3,632.89 B CDA's Sources i) Self - Financing Account 21,423.90 27,174.25 ii) Revenue Account 4,648.41 6,582.10 Total 'B' 26,072.31 33,756.25 Total Receipts 29,561.23 37,389.24
II Expenditure A Government Grant i) PSDP 1,690.63 1,777.96 ii) Maintenance Grant 1,798.29 1,854.93 Total 'A' 3,488.92 3,632.89 B CDA's Sources i) Self - Financing Account 14,334.44 19,127.70 ii) Revenue Account 10,514.57 11,223.74 Total 'B' 24,849.01 30,351.44 Total Expenditure 28,337.93 33,984.33 1. Development 16,025.07 20,905.66 [A (i)+B(i)] 2. Non Development 12,312.86 13,078.67 [A(ii)+B(ii)] Surplus/ Deficit 1,223.30 3,404.81 3.
Estimated Receipts 2013-14.
Rs. In million Receipt Estimates S# NAME OF ITEM 2013-14 1 2 3 A GOVT. GRANTS 3,632.89 1 PSDP. 1,777.96 2 Maintenance Grant. 1,854.93 B CDA SOURCES / RECEIPT: 33,756.36 (a) Revenue A/c. 6,582.10 1 Property Tax. 1,200.00 2 Water Charges 902.53 3 Toll Tax. 165.00 4 Environmental / Horticulture Receipts. 15.00 5 Municipal (Services, Recoveries & Ads etc). 1,000.00 6 Sanitation 7.00 7 MPO (Oper: Div—Hire Charges of Machinery). 100.00 8 Miscellaneous Receipts. 117.57 9 Planning Wing 900.00 10 Interest on Deposits. 25.00 11 Transfer Fee of Plots and Other Allied Receipts (i.e. AGR, 1,650.00 Penalties & Interests etc). 12 Transfer Fee from High Rise Buildings to be collected by 500.00 Estate Manag-II. (b) Self Financing A/c. 27,174.25 Disposal of Residential & Commercial Plots through Auction / Pre-qualification and others. Grand Total :- 37,389.25 Development Expenditure 2013-14 (PSDP Schemes). (Rs. in million) Allocation S# Name of Project 2013-14 1 Addition of 3rd and 4th lane Kashmir Highway from Peshawar 334.373 Mor to Golra Mor, Islamabad. 2 Rehabilitation/ Replacement of 32 Nos Lifts at Pak Secretariat 10.070 Building, Ibd. 3 Up-Gradation / Renovation of Public Address, Simultaneous 10.808 Interpretation and Automatic Vote Costing (P.A/S.I .S/ A.V.C) System Installed in the Senate Hall at Parliament House Building, Islamabad. 4 Security arrangement at parliament House, Islamabad. 19.986 5 Providing/Installation of security equipment and Fire Alarm 30.893 system at Cabinet block building, Islamabad. 6 Strengthening of security arrangements at Parliament Lodges, 30.000 Islamabad. 7 Const: of residential & non-residential accommodation for Police 1.899 at Aiwan-e- Sadr, Ibd. 8 Construction of 16 Nos. Cat-IV flats for AGPR in G-9/2, Ibd. 0.393 9 Construction additional 104 family Suits Islamabad. 780.000 10 Construction of Charah Dam. 416.908 11 Construction of Security Wall outside the existing boundary of 42.631 Islamabad Heliport Islamabad. 12 Construction of additional block for Senate and National 100.000 Assembly Secretariat in front of gate No.5 Parliament House, Islamabad Total :- 1,777.961 CDA's BUDGETED AWP (SELF FINANCING A/C) 2013-14.
(Rs. In million) Ongoing S# New Works Total Wing Works 2013-14 2013-14 2013-14 A ENGINEERING WING 3,738.84 4,270.79 8,009.64 B ENVIRONMENT WING 143.82 200.20 344.02 C ADMINISTRATION WING 170.00 10.00 180.00 D PLANNING & DESIGN WING 244.05 - 244.05 E ESTATE WING 1,800.00 - 1,800.00 F F. A. / MEMBER 50.00 - 50.00 G LUMP SUM PROVISION FOR 1,500.00 1,500.00 UNFORESEEN WORKS H PRIORITY PROJECTS 7,000.00 - 7,000.00 Grand Total:- 14,646.71 4,480.99 19,127.70
