By Ida Nadirah Ibrahim
SHAH ALAM, Nov 26 — Selangor’s revenue for this year has amounted to RM2.1 billion (as of November 26) or 95.47 per cent of the estimated RM2.2 billion for 2021, says Dato’ Seri Amirudin Shari.
The Selangor Menteri Besar said based on the estimation, tax revenue recorded a collection of RM605.57 million (90.57 per cent), non-tax revenue RM1.276 billion (97.34 per cent) while non-revenue receipts totalled RM218.84 million (99.23 per cent).
“This is an impressive achievement as we were able to meet our target despite facing the challenging Covid-19 period,” said Amirudin during the tabling of the 2022 Selangor Budget (#Selangor2022) at the Selangor State Legislative Assembly, here today.
As for the state’s financial position, Amirudin said that operational expenditure for the state has reached almost 82 per cent of spending.
“The financial positioning of the Selangor government as of November 23 is as follows: operational expenditure has reached 81.91 per cent of spending or equivalent to RM999.32 million, whereas infrastructure development spending has reached 59.49 per cent or RM656.23 million.”
According to Amirudin, the state’s reserve via the state government’s Consolidated Fund, as of November 23, recorded an amount of RM3.117 billion, which comprised of RM938.36 million in the Consolidated Revenue Account and Consolidated Trust Account, totalling RM2.179 billion.
Meanwhile, Amirudin said the total state revenue in 2020 was at RM2.257 billion, with recorded tax revenue of RM619.31 million, RM1,360.49 million for non-tax revenue and RM277.85 million for non-revenue.
