Budget 2024-25
2024-2025 Draft Budget Summary
1. Overall Financial Overview
Total Receipts: The total expected receipts for the financial year 2024-2025 (including the opening bank balance) are ₹30,32,56,436.
Total Expenditure: The total expenditure for the year is estimated at ₹29,54,46,006.
Closing Balance: The expected closing balance at the end of the year is ₹78,10,430.
2. Main Sources of Revenue
The total revenue of the Panchayat is ₹25,98,36,566. The major components include:
Own Funds (Thanathu Fund): The total own funds amount to ₹1,86,58,000.
Tax Revenue: ₹90,00,000 is expected.
Non-Tax Revenue: ₹96,58,000 is expected.
Plan Grants: Grants for plan expenditures are ₹10,31,68,966.
Non-Plan Grants: Grants for non-plan expenditures are ₹12,00,00,000.
Total Capital Receipts: Capital receipts excluding loans amount to ₹2,98,82,500.
3. Major Expenditure Heads
Total revenue expenditure is estimated at ₹25,83,85,006 and total capital expenditure at ₹3,70,61,000.
Plan Expenditures: Plan expenditures from revenue grants are ₹10,85,27,006.
Non-Plan Expenditures: Amount to ₹12,00,00,000.
Mandatory Obligations/Expenses: ₹2,98,58,000 has been allocated, which includes employee salaries, honorariums, and other administrative expenses.