Projects | Studio | Awards
PG - MUM - Studio - 2 | Spring 2023 | AHMEDABAD - Municipal Finance
  • Student MAANSI SOOD
  • Code PUM22182
  • Faculty Management
  • Tutor/s Mercy Samuel
  • TA Aftab Pathan

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Ahmedabad is a Tier-1 city in Gujarat with a population of around 55 lakhs as per the 2011 census. Municipal Finance is an important field of study since it aids the local government in planning, mobilizing, and utilizing financial resources to provide services for the welfare of citizens. 
Municipal Finance in Ahmedabad is analysed on three major indicators: Fiscal health, Governance & Transparency through policy reviews, benchmarking & insights into financial statements. The formation of an SPV to implement & manage Business Improvement Zones (BIZs) in the city is proposed to enhance the fiscal health, while also improving the participation of locals and increasing accountability. The proposal was combined with two other services i.e. Street Vending & Parking to develop a pilot project in the Vastrapur Lake area.  

Introduction to Municipal Finance in Ahmedabad & Understanding Regulatory Framework
Ratio Analysis of AMC & Limitations in Property Tax
Assessing Governance & Transparency for Municipal Finance in AMC
SIO Analysis of the current scenario to develop proposal concept
Formation of a Special Purpose Vehicle (SPV) & defining its functions
Governance structure of the SPV
Needs Assessment Survey & Devising a rationale for Assessment fees
Appraising Financial Feasibility & Implementation Timeline for the BIZ project
Appraisal through Business Model Canvas
Managing Payments & developing monitoring frameworks