State Act

THE KARNATAKA MUNICIPAL CORPORATIONS ACT, 1976.

171. Corporation may pass supplemental budget.- The Corporation may, on the recommendation of the standing committee for 1[taxation, finance and appeals]1 2[in the case of corporations other than the 3[Bruhat Bangalore Mahanagara Palike]3 and the standing committee for taxation and finance in the case of 3[Bruhat Bangalore]2,Mahanagara Palike]3 during the year pass a supplemental budget estimate for the purpose of meeting any special or unforeseen requirements, arising during that year; so however that the estimated cash balance under General Account-Revenue at the close of the year shall not be reduced to less than one lakh of rupees: Provided that no item shall be included in the supplemental budget which had been disallowed by the Government while sanctioning the Budget.