Annual Financial Statement 2024-25

1. Balance Sheet Summary (as on 31-03-2025)

The total balancing figure of liabilities and assets stands at ₹89,630,144.00.

  • Liabilities & Funds:
    • Reserves: ₹44,587,831.00
    • Grants, Funds, and Contributions for Specific Purposes: ₹22,608,819.50
    • Panchayat (General) Fund: ₹15,923,521.50 (Includes an excess of income over expenditure of ₹13,502,961.00)
    • Deposits Received: ₹3,348,884.00
    • Other Liabilities: ₹2,854,457.00
    • Secured Loans: ₹271,260.00 (from HUDCO)
    • Earmarked Funds: ₹34,871.00
  • Assets & Receivables:
    • Cash and Bank Balance: ₹27,938,842.00
    • Sundry Debtors (Receivables): ₹18,110,333.00
    • Loans, Advances, and Deposits: ₹1,348,742.00
    • Fixed Assets: Total capital expenditure is heavily directed toward Infrastructure, Service, and Productive Sectors:
      • Infrastructure Sector Capital Expenses: ₹59,845,824.00
      • Service Sector Capital Expenses: ₹16,988,910.00
      • Productive Sector Capital Expenses: ₹481,815.00
      • Other Fixed Assets: ₹103,550.00
      • Less Accumulated Depreciation: -₹35,187,872.00 

2. Capital Expenditure Highlights (Annual Plan)

  • Infrastructure Sector (₹59.84 Million): The vast majority of infrastructure funds went into tarring roads (₹36.26 lakh), constructing new buildings (₹6.17 lakh), setting up streetlights, public lighting, and building side-walls for canals and culverts.
  • Service Sector (₹16.98 Million): Major allocations were aimed directly at housing (purchasing land for housing local self-government institutions at ₹4.63 lakh), public drinking water schemes, public crematorium projects, and solid waste processing equipment. 

3. Key Decentralised Plan Programmes

  • Productive Sector: Focused on local agricultural and livelihood projects. This includes widespread coconut-biofertiliser distribution (₹2.06 lakh), vegetable farming subsidies, providing animals, and providing laptops for fishermen's children (₹5.49 lakh).
  • Service Sector: Heavily involved in education and welfare programs, such as expanding study rooms for SC/ST students (₹9 lakh), developing educational quality (₹8.39 lakh), and purchasing medicines for hospitals (₹9.10 lakh).  

4. Receipts & Revenue Sources

  • Revenue Grants & Compensations: Received ₹16,395,702.00 from the General Purpose Fund / Fund for Traditional Functions.
  • Fees & User Charges: Gathered ₹3,831,618.00 through notice/application fees, kiosk receipts, and hospital collections.
  • Sale & Hire Charges: Generated ₹259,339.00, primarily driven by the auction of obsolete assets and the sale of tender forms