section 31
Authority, until the Authority reaches self maintenance stage out of its own resources and also provide grant-in-aid from time to time for development of heritage places.
The Kitturu Development Authority Act, 2011General201143 sections
Statutory text
Budget of the Authority.- (1) The Authority shall prepare every year, before such date and in such form as may be prescribed, a budget estimate of its income and expenditure for the financial year to commence on the first day of April and shall forward it to the State Government for sanction. The Authority may also prepare supplementary Budget
Estimates, during the course of any financial year, if necessary.
- (2) The State Government may approve the Budget Estimates and Supplementary Budget Estimates with or without modifications.
- (3) In cases of extreme urgency, it shall be competent for the Commissioner to incur expenditure not exceeding five lakhs of rupees in a financial year, notwithstanding the fact that such expenditure has not been included in the annual or Supplementary Budget Estimate approved by the State Government under sub-section (2).
- (4) The Commissioner shall also have power to re-appropriate funds from one unit of expenditure to another unit, subject to a maximum of rupees one lakh at a time.
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