City to ever record new budget surplus<\/p>\n
JAKARTA (JP): The city administration expects to achieve a Rp
\n400 billion (US$42,100) surplus in the nine-month budget period,
\nending this month, due to a remarkable increase in its overall
\nearnings, City Revenue Agency head Deden Supriyadi said on
\nWednesday.<\/p>\n
Most of the surplus, so far, is derived from a variety of
\ntaxes, particularly the vehicle tax which has shown a significant
\nincrease during the period.<\/p>\n
\"Jakartans appear very eager to pay the vehicle tax,\" Deden
\ntold journalists.<\/p>\n
Until Nov. 20, the agency has managed to collect earnings four
\npercent higher than the revised target of Rp 4.05 trillion, he
\nadded.<\/p>\n
\"We've calculated that by Dec. 20, when we have to close all
\naccounts of the budget, we will have accumulated Rp 4.4 trillion
\nof revenues within the last nine month period of the 2000 fiscal
\nyear,\" he explained.<\/p>\n
The target for the entire city's revenue was initially set at
\nRp 3.38 trillion. It was later put at Rp 4.05 trillion after the
\ncity administration revealed an \"unexpected\" surplus of Rp 669.7
\nbillion. The finding was urgently brought to the city council
\nseeking approval to update the budget projection.<\/p>\n
According to Deden, the outstanding hike in this year's city
\nrevenues is mainly expected from the vehicle tax and fees
\ncollected for the transfer of vehicle ownership.<\/p>\n
Under the current revised budget, revenue collected from the
\nvehicle tax had already been set at Rp 35.88 billion, or 10
\npercent higher than the previous target. Meanwhile, the fees
\ncollected for vehicle ownership transfers was set at Rp 290.69
\nbillion, which is almost double the previous figure.<\/p>\n
By the end of the fiscal year, the administration has found
\nthat the financial contribution from these two sectors has grown
\nslightly higher again, Deden said.<\/p>\n
This wonderful surplus projection, he added, showed promising
\nsigns of the economic recovery in the capital, which has been
\nbadly hit since 1998 by the economic crisis.<\/p>\n
The 2000 city budget, set slightly lower than the previous
\nyear, was initially forecast in a pessimistic mood due to the
\ncountry's economic uncertainties, Deden explained.<\/p>\n
He further commented that the expected surplus in city
\nrevenues has provided strong confidence in the city
\nadministration to reach the 2001 draft budget targets, which
\nforecasts Rp 7.49 trillion in revenues.<\/p>\n
\"We will, for example, continue our campaign efforts to
\nincrease people's awareness of the taxes. Moreover, we would like
\nto receive feedback from people if our regulations or officers
\nburden them,\" Deden said.<\/p>\n
\"We do not want the peoples' enthusiasm for paying taxes to be
\nhampered by the poor attitude or services of our officers,\" he
\nadded. (dja)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/city-to-ever-record-new-budget-surplus-1447893297",
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