LAHORE - The governing body of the Lahore Development Authority (LDA) has approved the annual budget of LDA and its subordinate agencies, WASA and TEPA, amounting to Rs 13.48 billion for the fiscal year 2010-11, here Tuesday. Collective income of LDA, WASA and TEPA has been estimated at Rs 11.29 billion against expected expenditures of Rs 13.48 billion including Rs 6.90 billion earmarked for development works. District Coordination Officer (DCO) Lahore and Chairman LDA Sajjad Ahmed Bhutta chaired the budget meeting of LDA which was attended by Director General LDA Omer Rasul, Director chairman Headquarter Socrat Aman Rana, Managing Director WASA Dr Javed Iqbal, Additional Directors General LDA Hafiz Ihsanul Haq and Mansoor Qadir, and representatives of the provincial local government, housing and finance department besides administrators of the nine towns of the CDGL. Total income of LDA has been estimated at Rs 7.4 billion against the expected expenditures of Rs 6.2 billion. This amount will also include development expenditure of RS 4.4 billion. For the development of housing sector, LDA will spend Rs 66.8 million for the development of necessary infrastructure in housing schemes for government employees, LDA Avenue-1. It will also spend Rs 150 million for undertaking remaining works in other housing schemes of LDA in the City. LDA will incur an expenditure of Rs 1.24 billion for the construction of new buildings during the fiscal year 2010-2011. A sum of Rs 830 million has been earmarked for the building two car parking plazas in Liberty Market. An amount of Rs 150 million has been allocated for erection of LDA offices, Rs 50 million will be utilised for priority works and an another 50 million will be spent for construction of Nawaz Sharif Sports Complex, Gujjarpura. Rehabilitation of MM Alam Road will also cost Rs 50 million to LDA during the new financial year. Under the Lahore Rehabilitation Program, a sum of Rs 818 million will be expended on different projects. These projects include construction of Madar-e-Millat Road from Pindi Stop Maulana Shaukat Ali Road to Ghazi Chowk College Road at a cost Rs 580 million and construction of Main Boulevard Gulshan-e-Ravi from Multan Road to Bund Road with a total of Rs 47 million. Completion of development projects under the Punjab Governments Annual Development Program will be carried out with an expenditure of Rs 920 million. These projects includes construction of new roads from Babu Sabu to Multan Road via Sabzazar at a cost of Rs 245 million, construction of Bhogiwall Road from GT Road to Bund Road at a cost of Rs 242 million as well as construction of structure road from Khyiaban-e-Jinnah to Valancia Town at a cost of Rs 180 million. Widening of Road from UBD Canal to Shadewal Chowk, Johar Town, will be carried out at a cost of Rs 120 million whereas repair and maintenance of internal roads of LDA Housing Schemes will cost Rs 490 million. WASA is excepting total receipts of Rs 3.78 billion in the financial year 2010-11 while it will spend Rs 4,580 million on Non-development head and Rs 1,474 million on the development schemes. WASAs fiscal deficit during the last financial year was Rs 1.11 billion, which is expected to rise up to Rs 3.38 billion during the new year. However this amount could be considered as social service cost of LDA. WASA will spend Rs 150 million for the installation of Water Treatment Plant in the City under the new development programme. Construction of drain and sewerage system in different areas will cost Rs 210 million whereas laying of trunk sewer from Shadipura to Salamatpura will be carried out at a cost of Rs 380 million and replacement of water supply line within a expenditure of Rs 150 million. Disposal of storm water from low lying areas will cost Rs 50 million. TEPA will have a total of Rs 1.2 billion at its disposal whereas its expenditure has been estimated as Rs 1.16 billion. Development projects will be carried out at a cost Rs 1.03 billion. The new schemes of TEPA will include improvement of section three of Maulana Shaukat Ali Road from Canal to Ferozepure Road will cost Rs 180 million. An amount of Rs 180 million has been allocated for remodelling of Canal Bank Road from Dhaarampura under pass to Thokar Niaz Baig.