At present the main sources of LSMC's revenue comprises following elements:
1. Own source revenue
- Tax income: land revenue, vehicle tax, advertisement tax, business/enterprise tax
- Income from fees: vehicle entrance fee, bus park fee, parking fee, property valuation fee, building map approval fee, market fee etc.
- Income from property: rental income
- Income from investments: interest from bank deposit, revolving fund, government bond and gain on sale of investment
- Sundry income: minor fees, charges, other sales, fine and penalty
2. Government grant and others
- Local development fee
- Grants from national and international organizations
3. Additional sources
- House and land tax/integrated property tax.
- Rent tax
Top |