Budget Report 2019-20
🏛️ Athirampuzha Grama Panchayat
Annual Budget 2019-20: Brief Analysis
📖 About the budget
The budget of Athirampuzha Grama Panchayat for the financial year 2019-20 is a comprehensive financial document prepared with the aim of supporting the development activities of the panchayat, infrastructure development, public welfare projects, and effective utilization of central and state financial assistance schemes.
💰 Key financial information
Opening Balance (Net)
₹1,85,60,344.42
Tax revenue
₹2,96,88,995.00
Non-taxable income
₹65,41,200.00
Own funds
₹3,62,30,195.00
General Purpose Fund
₹1,74,22,000.00
Other grants/project funds
₹5,36,52,195.00
Total revenue income
₹13,78,58,195.00
Capital income (including loans)
₹10,50,00,000.00
⭐ Features of the budget
- Special importance has been given to increasing the Panchayat's own income.
- Grants and development funds from state and central government schemes are the main sources of income.
- The necessary financial allocation is targeted for sectors like drinking water, roads, sanitation, social security, education and health.
- Along with development activities, the budget also gives priority to improving basic services.
- The budget ensures the financial capacity to implement mass planning projects.
📌 Summary
The 2019-20 budget is a balanced budget that aims to implement development-oriented projects while maintaining the financial stability of Athirampuzha Grama Panchayat. The overall development of the Grama Panchayat is targeted through coordinated utilization of its own income, government grants and development funds..