Summary
- MBPP proposes RM520.70 million in spending for 2027.
- Revenue is projected at RM471.80 million.
- Budget deficit is estimated at RM48.90 million.
- Deficit is lower than the RM69.05 million estimated for 2026.
- MBPP had RM609.11 million in financial reserves as of June 30, 2026.
GEORGE TOWN, September 11 — The Penang Island City Council (MBPP) has proposed a RM520.70 million budget for 2027, with projected revenue of RM471.80 million and a deficit of RM48.90 million.
The shortfall is smaller than the RM69.05 million deficit estimated for 2026, when expenditure was projected at RM514.32 million against RM445.27 million in revenue.
Mayor Datuk Ir. Rajendran P. Anthony said MBPP would continue prudent and transparent financial management while balancing service delivery and development needs.
The council had RM609.11 million in financial reserves as of June 30, 2026. For 2027, tax revenue is projected at RM281.01 million, accounting for 59.56% of total revenue.
While non-tax revenue is estimated at RM161.07 million. MBPP’s budget carries the theme “Bandar Mampan ke arah Bandar Progresif, Berdaya Tahan dan Inklusif.”
With priorities covering infrastructure, cleanliness, climate resilience, mobility, public spaces and smart-city development
