RM2.8b budget to make KL world-class city

KUALA LUMPUR: City Hall has allocated a total of RM2.871 billion for its 2017 Budget of which 60% has been allocated for administration and the remainder for development.
KL mayor Datuk Seri Amin Nordin Aziz revealed that there is an increment of 0.05% or RM840,000 in the administration allocation as compared to the 2016 budget as last year the administration allocation was only RM1.727 billion.
"There is a tremendous increment for the development allocation from RM997 million for 2016, it has been increased to RM1.143 billion," Amin Nordin told reporters during Kuala Lumpur City Hall's (DBKL) 2017 Budget media briefing session today.
He added that the amount allocated under the development allocation would be used in implementing the various development projects, including the purchase and restoration of capital assets. 
"Given that the country's economic growth for next year will be relatively slow, DBKL has no plans to raise the assessment rate or make any reassessment on all its properties
"Instead, we will be offering a 20% discount incentives to disabled tax payers for their assessment rate," he said.
He said to make KL a world-class city by 2020, DBKL will emphasise on the implementation of 14 programmes including city cleaning, public housing, maintenance
of park and open spaces and recreational facilities among others
"Under the public housing programme, DBKL has allocated some RM80 million for the development of Council Home projects at few areas namely Kg Sungai Udang in Segambut, Razak Mansion in Sungai Besi and Kampung Keramat in Titiwangsa.
The mayor explained that the council home project would be different from the People's Housing Projects (PPRs) as each location will cater to a specific target group. 
"These homes are not available for purchase, instead it will be rented out to fresh graduates and singles working in the service industry like waiters and waitresses," he said.
Overall, Amin Nordin said that the budget is to make KL a safer and better place for everyone to live in.