Allocation of Funds

(1) The City Corporation shall allocate such amounts out of the budget earmarked to the ward committees for undertaking its functions mentioned under this Act.

1. (2) Allocation and utilisation of funds to and by the City Corporation for maintenance of civic services shall be in the manner prescribed by the Government. Corporation shall be required to furnish a utilization report to the City Corporation in such time period and such formats as may be prescribed.