NAVI MUMBAI, April 1 -- The Panvel Municipal Corporation (PMC) has presented a Rs.4,853.90 crore budget for 2026-27, laying out an infrastructure-led roadmap centred on water supply, roads, sanitation and civic amenities, while projecting a marginal surplus of Rs.10 lakh. Municipal commissioner Mangesh Chitale tabled the budget before the standing committee chaired by Baban Mukadam, outlining a financial strategy aimed at sustaining Panvel's rapid urban growth through a mix of capital investments and improved service delivery. The corporation has projected total receipts of Rs.4,853.90 crore, with a significant reliance on an opening balance of Rs.1,362.30 crore, accounting for over 28% of the total income. Property tax recovery forms a critical pillar of the revenue plan, with the PMC targeting Rs.319 crore from current demand and Rs.1,633.45 crore from arrears. Pending dues alone contribute to more than one-third of the projected income. Civic officials said recovering nearly Rs.2,000 crore in accumulated property tax arrears will be key to funding the corporation's ambitious infrastructure agenda. "Recovery of long-pending dues will remain a priority and is essential to support the scale of planned projects," Chitale said. The budget also factors in Rs.547.94 crore from GST compensation grants and Rs.159.31 crore from UDCPR-related development charges, along with additional support from central and state government schemes, highlighting continued dependence on external funding. On the expenditure side, estimated at Rs.4,853.80 crore, infrastructure development dominates allocations. Road works alone account for Rs.358 crore. Water security remains a major focus area. The PMC has earmarked Rs.150 crore for the Shilar dam project and Rs.115 crore for upgrading the Dehrang-to-Panvel pipeline. Sewerage infrastructure will see an allocation of Rs.164 crore, while Rs.116.72 crore has been set aside for projects under the AMRUT 2.0 scheme....