The role of governments is very significant under the principle of welfare state. Due to different reasons, financial pressure on governments is increasing and in other hand citizens are also not satisfied on the services provided by local bodies. In this situation, the Municipal Corporation which was directly converted from Village Panchyat to Municipal Corporation on 1st Jan., 1992 and received various awards. So, I am very eager to study that how corporation is managing their financial operations? How is the revenue pattern? How is the expenditure pattern? What changes have been taken place in that during 2000-01 to 2012-13? Therefore, this study is undertaken.