SHAH ALAM, 1st July: The main factor why the state reserves amounts to RM2.8 billion at the end of May 2013 is due to the implementation of integrated operations to collect land revenue performed by the State Government.
Chief Minister, Tan Sri Abdul Khalid Ibrahim said that the implementation of the operation also led to the increase in tax collection which surpassed 100 percent.
Clearly, the two-times increase in tax collection was made possible through collection from house to house in addition to identifying landowners who failed to pay taxes.
“The State Government, mainly through the District and Land Office, constantly counters outside the District and Land office in rural areas.
“We have also added channels or methods of payment online and a payment centres at Local Authority (PBT) counters,” he said.
Abdul Khalid said this when answering an oral question by Ng Suee Lim (DAP-Sekinchan) regarding the proactive measures by the State Government to strengthen the financial position of Selangor in the Selangor State Assembly (DNS) session here today.
He added that the establishment of the State Government Cash Management Committee has also helped the Selangor Pakatan Rakyat (PR) manage excess cash (reserves) more sufficiently in addition to providing optimum benefit returns.
According to him, through the committee, the State Government has successfully collected revenue from interests on investments of RM52 million in year 2012 compared to RM14 million in year 2007.
“The implementation of the prudent spending guidelines issued by the Selangor State Government Treasury has helped the State Government streamline and improve the management of expenses,” he added.