This book explains the dynamics of revenue generation and allocation reality of city corporations in Bangladesh. It explores the state of five consecutive years of revenue generation and expenditure allocations of Dhaka North City Corporation and Gazipur City Corporation along with a discussion of to what extent the City Corporation is allowed to enjoy fiscal autonomy through the Local Government (City Corporation) Act of 2009 to generate and manage its local resources. It also finds out the institutional blocks/challenges that the city corporation faces in the process of revenue generation and mobilization, even with the existence of a solid legislative foundation. Central to the book's focus is the resource mobilizing scenario (generation and allocation of revenue) of City Corporation over the past five consecutive years. It suggests some approaches that will serve as valuable resources for policymakers, researchers, and practitioners to take steps for strengthening the finance base of urban local government through revisiting and redefining revenue generation and allocation strategies.