The revised budget of the previous fiscal was Tk 37.57 crore.

Mayor Majibur Rahman Sarwar MP announced the budget on Wednesday.

Of the total budget, over Tk 287 crore has been allocated for development sectors while Tk 31.75 crore will come from revenue sectors such as holding taxes, land and contractors' registration, water supply, bus terminal and stall rents.

Major expenditures in development sectors include Tk 64 crore for development and management of city roads, Tk 42 crore for water treatment plant, Tk 26 crore for development of the extended areas of city corporation, and Tk15 crore for construction of markets.

Mintu Bose, secretary of the Barisal Nagorik Parishad, said such highly ambitious budgets are announced every year but most commitments remain unfulfilled.

Besides, irregularities and corruption by the city corporation are causing immense suffering to the city dwellers, he alleged.