Overview
As part of transforming financial sustainability and financial accountability of urban local bodies for reforms in municipal finance and municipal staffing, we developed and now manage a national performance reporting framework and an online portal – Cityfinance.in – for information on municipal finance.
Approach
CityFinance aims to be the single source of truth for financial information on Urban Local Bodies (ULBs) and drive reforms through both competition and peer learning. The platform also hosts the automated grants administration system of the 15th Finance Commission grants for ULBs across India.
Centralised Web Resource
- Cityfinance.in serves as a national framework of standardized, timely and credible financial information on cities. It facilitates benchmarking, comparison and peer learning between cities on a range of financial indicators.
- MoHUA adopted and launched the official website in May 2020 to serve as a repository for all available data on City governments.
Key Features
Our platform provides easy-to-use playbooks for municipalities on revenue enhancement, audit of annual accounts, municipal bond issuance, medium-term fiscal plans, model laws and rules among many other features.
Financial Statements
Access to Financial Statements of India’s cities / urban local bodies.
Financial Analytics
Analytics of financial & operational performance of cities.
Project Listing
Listing of infrastructure projects to be undertaken by cities.
Best Practices
Listing out the best practices in financial management in different cities.
Comparative Resource
Comparison of Municipal Finance Laws among cities & states.
Bond Information
Details of Municipal Bonds issued by cities and credit rating reports of cities.
Fiscal Rankings
Annual national fiscal ranking of municipalities.
e-Learning Tool
Certification-based e-learning modules for finance and accounts staff of ULBs.
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