Kathmandu Metropolitan City (KMC) has reached 27.11% of its annual target of Rs 10.81 billion in the first four months of this fiscal year, compared to 26.49% from the same time period last year.

This includes administrative service fees, which surpassed the annual target by 147%, totaling Rs 2.9 million. Tourism fees reached Rs 59.11 million, representing 59.11% of the Rs 100 million target. Other sales revenue exceeded the Rs 5 million target, reaching Rs 5.96 million. However, advertisement tax collection stood at Rs 3.96 million, accounting for 4.95% of the Rs 80 million target.

Property tax contributed Rs 418.6 million, house rent tax collected Rs 819.2 million, and real estate registration fees achieved Rs 100.92 million.

KMC diversifies its income through various sources, including parking fees, blueprint approval fees, recommendations, judicial fees, personal grants, forest royalties, and financial institution interest.

The city received 25% of conditional grants (Rs 356.6 million) and successfully disbursed 54% of the Rs 25 million target, totaling Rs 13.4 million, showcasing effective financial management.