Budget 2024-25

Here is a summary report based on the provided budget document for Kunummal Grama Panchayath for the financial year 2024–2025:


 

Executive Summary

The budget outlines the projected opening balances, receipts (revenue and capital), and expenditure allocations across various mandatory and development sectors for the 2024–25 financial year, with comparative figures from previous financial years.


 

Key Financial Highlights (2024–2025)

1. Overall Budget Summary

  • Opening Balance (Net): ₹1,32,26,099


     

  • Total Receipts/Income: ₹23,50,30,775


     

  • Total Available Funds (Income + Opening Balance): ₹24,82,56,874


     

  • Total Expenditure: ₹23,43,41,787


     

  • Closing Balance: ₹1,39,15,087


     

2. Income & Revenue Receipts Breakdown

  • Own Funds (Taxes & Non-Taxes): ₹1,85,44,500


     

    • Tax Revenue (Property, Profession, Entertainment Tax): ₹1,08,00,000


       

    • Non-Tax Revenue (Rent, Fees, User Charges, Interest): ₹77,44,500


       

  • General Purpose Fund: ₹1,25,40,000


     

  • Plan Grants (Centrally sponsored, Development, Maintenance Funds): ₹14,30,07,875


     

  • Non-Plan Grants (State Sponsored Schemes): ₹5,00,00,000


     

  • Total Capital Receipts (Grants, Contributions): ₹1,09,38,400


     

3. Expenditure Breakdown

  • Statutory/Mandatory Revenue Expenditure: ₹2,33,24,000


     

    • Establishment Expenses (Salaries, Honorarium, Allowances): ₹1,83,65,000


       

    • Administrative Expenses (Office, Communication, Legal): ₹20,94,000


       

    • Operations & Maintenance (Power, Repairs, Fuel): ₹28,60,000


       

    • Finance & Bank Charges: ₹5,000


       

  • Plan Revenue Expenditure (Decentralised Plan Programmes): ₹14,74,09,387


     

    • Productive Sector (Agriculture, Animal Husbandry, Small-scale Industries): ₹68,44,500


       

    • Service Sector (Housing, Poverty Alleviation, Sanitation, Nutrition, Education): ₹11,98,96,387


       

    • Infrastructure Sector (Roads, Public Constructions, Bridges, Side Walls): ₹1,93,16,500


       

    • Uncategorized/Other Projects (SSA, IKM Payments): ₹5,45,000


       

  • Non-Plan Revenue Expenditure: ₹5,00,00,000


     

  • Total Capital Expenditure: ₹1,36,08,400


     

Major Focus Areas & Sector Allocations

  1. Housing & Poverty Alleviation: Heavy emphasis on housing projects (₹4.34 Crores) and poverty alleviation programs (₹6.00 Crores).


     

  2. Roads & Public Infrastructure: ₹1.47 Crores allocated specifically towards road development.


     

  3. Child Development & Sanitation: Significant allocations towards Anganwadi nutrition (₹40 Lakhs) and public sanitation/waste management (₹22.58 Lakhs).

  • Budget 2024-25