Mumbai, February 25 The Brihanmumbai Municipal Corporation (BMC) proposed a budget of Rs 80,952.56 crore for the financial year 2026-27, representing an 8.77 per cent increase over the 2025-26 budget estimate of Rs 74,427.41 crore.
BMC Commissioner Bhushan Gagrani presented the budget in the country's richest municipal body, with capital expenditure estimated at Rs 48,164.28 crore, which is an increase of about 11.59 per cent over the revised estimate of Rs 39,159.51 crore for 2025-26.
The initial estimate for capital expenditure in 2025-26 was Rs 43,162.23 crore, but this was subsequently revised downwards.
The proposed revenue expenditure for 2026-27 is Rs 32,698.44 crore, which is about 15.71 per cent higher than the revised estimate of Rs 28,257.91 crore for 2025-26. The initial estimate for revenue expenditure for the current fiscal was Rs 31,204.53 crore, but this was later reduced by Rs 2,946.62 crore following expenditure rationalization measures.
The estimated revenue income for 2026-27 is Rs 51,510.94 crore, which is 19.35 per cent higher than the previous budget estimate of Rs 43,159.40 crore. The 2025-26 revenue income estimate was later revised upwards to Rs 46,778.12 crore, representing an increase of 8.38 per cent.
Property tax revenue, one of the BMC's key income sources, is projected at Rs 7,000 crore for 2026-27, compared to the revised estimate of Rs 6,200 crore for 2025-26. The original estimate for property tax in 2025-26 was Rs 5,200 crore.
As per data up to January 31, 2026, the municipal body has incurred revenue expenditure of Rs 19,001.88 crore, which is 67.24 per cent of the revised estimate for the current fiscal, while capital expenditure stood at Rs 22,425.16 crore during the same period.
