Phuket village expects revenue drop on crisis

 "Last year, we collected Bt40 million and targeted to achieve Bt59 million this year. However, we expect a shortfall, due to the economic crisis as well as the cut in land transactions tax,"  said Surapong Panyawai, chief of the body.

 He would soon propose a cut in unnecessary expenses. Most of the revenue comes from household taxes as well as taxes on banners. The tambon locates 5 large hotels and two medium-sized hotels, aside from several small resort and hotels. The economic crisis and low confidence following the airports closure has resulted in a sharp drop in tourists to the tambon, he said.

 In the fiscal year, the tambon expects to spend Bt59 million; Bt7 million for the construction of a new kindergarten school and another 8 million for educational materials and staff salary. Other projects include the clean-up of Nai Yang Beach.