margao the new fiscal has brought in a hope of better finances for the cashstrapped margao municipal council mmc for the last twothree days cash registers have started ringing for the mmc with taxpayers making a rush to pay their tax dues and with the mmc hiking garbage collection fees by 50 mmc hopes to strike a bonanza if the steady flow of taxes ceases to ebb at least for a substantial period of the yearsources said that a sizable section of those turning up at the cash counters are those for payment of house tax and garbage collection fees followed by trade tax and construction licences mmc sources said that the municipality will soon concentrate on revenue recovery outstandings of which had reached a staggering rs 35 crore by the end of the last calendar year a concerted drive by mmc for revenue recovery earlier this year resulted in recovery revenue outstandings of nearly rs 1 crorethe steady flow of revenue recovery coupled with the payments received at the cash counters mmc sources said would relieve the municipality of some financial liabilities margao municipalitys expenses towards salary staff are nearly rs 25 crore per month and that of daily wage labourers is rs 38 lakh apart from other expenses amounting to over rs 2 lakhmmc is also looking at bringing unassessed traders into the tax net by thrashing out legacy issues pertaining to oldtime traders there are many traders who have been carrying out business over the last several decades but havent signed a lease agreement with the owners of the premises for whatever reasons in the absence of a lease agreement they are unable to apply for a trade licence so while they merrily continue plying their trade for years the municipality gets absolutely no revenue a senior official said