This urban local body has been classified as a Municipal Corporation in the 100K-500K population category
3,82,940
Population
32.56 Sq km
Area
11,761.06/ Sq km
Population Density
18
Wards
4
Years of financial data
No
Part of UA
₹ 48 Cr
Total Tax Revenue
₹ 86 Cr
Total Own Revenue
₹ 19 Cr
Total Grant
₹ 106 Cr
Total Revenue
₹ 125 Cr
Total Expenditure
₹ 421 Cr
Total Balance Sheet Size
Last updated on: Jul 4, 2025; Source: Provisional financial statements for the year
Revenue refers to money received or earned by a ULB during the financial year.
Latur Municipal Corporation Total Revenue v/s State Average
Sum of: (a) Tax revenues, (b) Non-tax revenues, (c) Assigned (shared) revenue, (c) Grants-in-aid, (d) Loans and (e) Other receipts.
Tax revenue includes Property Tax, Professional Tax, Entertainment Tax among others Non-tax revenue includes user charges (including for water supply, sewerage etc), fees, rentals from municipal property, among others
Total revenue = sum of (a) Tax revenues, (b) Non-tax revenues, (c) Assigned revenue, (d) Grants and (e) Other Receipts
State Municipal Corporation average = Weighted average of all Municipal Corporation revenue of the state based on population of each Municipal Corporation
Compounded Annual Growth Rate(CAGR) = Rate of annual increase/decrease in total revenue between the base year and the latest year formula :
(1) Green bullet point - Positive CAGR over the assessment period
(2) Red bullet point - Negative CAGR over the assessment period
Explore Resources to augment your revenues:
1. Property tax reforms toolkit (published by MoHUA)