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Budget Estimate “G” to be prepared by 1[Standing Committee].— (1) The 2[Standing Committee] shall on or as soon as may be after the 3[fifth day of February,] consider the said estimates of 4[the Commissioner]. After having obtained from 5[the Commissioner] such further information if any as it shall think fit to seek, and having regard to all the requirements of this Act, 6[Standing Committee] shall frame therefrom, subject to such modification and additions therein or thereto as it thinks fit a budget estimate to be called budget estimate “G” of the income and expenditure for the next year to be received and incurred for the purposes of Chapters IX and X. (2) In budget estimate “G” 7[the Committee] shall propose the levy of water tax, water benefit tax, sewerage tax and sewerage benefit tax (in place of former water and halalkhor taxes) at such rates, as would in the opinion of 8[the Committee] bring in a adequate revenue for meeting the expenditure and all other obligation or which the Corporation may be liable for the purposes of Chapters IX and X. (3) The 9[Municipal Secretary] shall cause the budget estimate “G” as finally approved by 10[the Standing Committee] 11[to be printed or corrected and shall, not later than the 12[first day of March] forward a printed or corrected copy] thereof to the usual or last known local place of abode of each Councillor.] 13[126G. Report on services provided in a subsidised manner.— (1) Notwithstanding anything contained in this Chapter 14[the Commissioner or as the case may be, the General Manager shall while submitting the budget estimates to the Standing Committee or the Brihan Mumbai Electric Supply and Transport Committee] append thereto a report indicating whether the following services are being provided in a subsidised manner and, if so, the extent of subsidy, the source from which the subsidy was met and the sections or categories of the local population who were the beneficiaries of such supply, namely:— (a) water supply and disposal of sewerage, (b) scavenging, transporting and disposal of wastes, (c) municipal transport, and (d) street lighting. Explanation.— A service shall be construed as being provided in a subsidised manner if its total cost, comprising the expenditure on operations and maintenance and adequate provision for depreciation of assets and for debt servicing, exceeds the income relatable to the rendering of that service. 15[(2) The Standing Committee or, as the case may be the Brihan Mumbai Electric Supply and Transport Committee, shall examine the report and place it before the Corporation, with its recommendations, if any] ]. 1 These words were substituted for the words “Mayor-in-Council” by Mah. 27 of 1999, s. 64(a)(i). 2 These words were substituted for the words “Mayor-in-Council” by Mah. 27 of 1999, s. 64(a)(i). 3 These words were substituted for the words “first day of March” by Mah. 21 of 1989, s. 26(a). 4 These words were substituted for the words “Member-in-charge” by Mah. 27 of 1999, s. 64(a)(ii). 5 These words were substituted for the words “Member-in-charge” by Mah. 27 of 1999, s. 64(a)(ii). 6 These words were substituted for the words “Mayor-in-Council” by Mah. 27 of 1999, s. 64(a)(i). 7 These words were substituted for the words “the Mayor-in-Council” by Mah. 27 of 1999, s. 64(b). 8 These words were substituted for the words “Mayor-in-Council” by Mah. 27 of 1999, s. 64(b). 9 These words were substituted for the words “Member-in-charge” by Mah. 27 of 1999, s. 64(c)(i). 10 These words were substituted for the words “Mayor-in-Council” by Mah. 27 of 1999, s. 64(c)(ii). 11 This portion was substituted for the portion beginning with “to be printed” and ending with “printed copy” by Mah. 70 of 1975, s.12(b). 12 These words were substituted for the words “fifteen day of March” by Mah. 21 of 1989, s. 26(b). 13 This section was inserted by Mah. 41 of 1994, s. 40. 14 These words were substituted for the words “the Member-in-charge shall, while submitting the budget estimate to the Mayor-in-Council” by Mah. 27 of 1999, s. 65(a). 15 Sub-section (2) was substituted by Mah. 27 of 1999, s. 65(b). 1888 : III] The Mumbai Municipal Corporation Act 179