This course provides a comprehensive understanding of municipal finance in India, focusing on how Urban Local Bodies (ULBs) plan, mobilize, manage, and leverage financial resources to deliver essential urban services and infrastructure. It covers the legal and constitutional framework, budgeting systems, own-source revenues such as property tax, land-based financing instruments, credit ratings, municipal bonds, and participatory budgeting. The course equips learners with conceptual clarity and practical insights into strengthening the fiscal health, governance, and creditworthiness of municipalities for sustainable urban development.