Kuala Lumpur City Hall is allocating a budget of RM2.72 billion in providing urban services and governance for the prosperity of about 1.7 million city dwellers.

The budget, with the theme 'Bright, Safe and Prosperous Kuala Lumpur' (Kuala Lumpur Ceria, Makmur Sejahtera), was tabled by Mayor Datuk Mhd Amin Nordin Abd Aziz, here Thursday.

Mhd Amin said City Hall's 2016 Budget was a balanced budget based on City Hall's capacity in funding operational and development expenditure despite the uncertain economic situation currently.

"After considering the main factor in providing the best service to city dwellers, the budget prepared is not merely to implement operational programs and activities but also continuity to the 2015 development projects in the public interest, particularly the KL residents," he said.

The KL 2016 Budget stresses on 14 main activities namely the Management and Administration Programs; City Cleanliness Programs; Greening, Park, Open Space and Recreational Facilities Maintenance Programs; Road and Drain Maintenance Programs; Street Lights and Traffic System Facility Maintenance Programs; Car Park, Bus Terminals and Pedestrian Walkways.

In addition, it also covers Building Maintenance, Upgrading and Renovation Programs; Hawkers and Petty Traders Programs; Enforcement Programs, Public Housing Programs; Health Programs; Community Development Programs; Cultural, Arts and Sports Programs; and finally Tourism Programs.

Out of the allocation of RM2.72 billion, a sum of RM1.72 billion was for 'Operational Expenditure' and RM997 million for 'Development Expenditure'.

Mhd Amin said the 2016 Budget also continued the agenda of the City Hall Strategic Plan which outlined five main strategic framework such as Urban Dweller-Owned City, Economically Prospered City, Screened City, Eco City, and Efficiently Governed City.

He added that via the 2016 Budget, City Hall was also expected to earn RM2.29 billion in revenue compared with RM2.08 billion last year, an increase of 10.32 percent, where assessment rates would form the bulk of the revenue contributing 44.8 percent of the total City Hall income.