Octroi and grants from the State government were the main sources of finance for the municipality, apart from revenue from the town's taxpayers. In 1979, octroi on marketable commodities was abolished which resulted in considerable reduction in revenues for the municipality. In the same year, the government introduced a provision wherein octroi grant was released to the municipalities of the State. Income for the municipality rose from 2,908 in 1873–74 to 151,069 in 1960–61. Expenditures for the same were 1,689 and 166,295. They stood at over 30 lakh in 1992–93. For 2015–16, it nearly broke-even at 4.8 crore.
