Budget 2021-22
Summary of the Budget Report of Pampady Grama Panchayat for the Year 2021–2022
1. Total Income and Expenditure
Total Income: The total estimated income for the financial year 2021–22 is ₹23,99,21,000.
Total Expenditure: The total estimated expenditure for the year is ₹24,03,05,000.
Closing Balance: After accounting for the income and expenditure, a closing balance of ₹56,80,716 is expected.
2. Major Sources of Income
The total income of the Panchayat is mainly classified under the following categories:
Tax Revenue: An amount of ₹1,25,00,000 is expected from property tax, profession tax, etc.
Non-Tax Revenue: An amount of ₹1,17,75,000 is expected through building rent, licence fees, and other charges.
General Purpose Fund: An amount of ₹1,76,82,000 has been allocated under this head.
Plan Grants: An amount of ₹9,06,64,000 is expected, including development funds and Central and State plan allocations.
Non-Plan Grants: An amount of ₹6,00,00,000 has been allocated for State Government schemes.
Capital Income: An amount of ₹4,73,00,000 is expected through loans and other sources.
3. Major Expenditures
The Panchayat's expenditure is classified into Revenue Expenditure and Capital Expenditure.
A. Revenue Expenditure
Statutory Functions: An amount of ₹2,56,82,000 is allocated for employees' salaries, allowances, office administration expenses, and other statutory functions.
Decentralised Planning Expenditure: An amount of ₹10,09,23,000 is allocated for decentralised planning programmes. The expenditure under various sectors includes:
Productive Sector: An amount of ₹79,35,000 is allocated for agriculture and animal husbandry, including cattle and goat rearing.
Service Sector: An amount of ₹5,53,15,000 is allocated for education, health, sanitation, housing schemes, poverty alleviation, and related services.
Infrastructure Sector: An amount of ₹51,00,000 is allocated for public buildings, streetlights, and other infrastructure facilities.
Maintenance Projects: An amount of ₹2,68,73,000 is allocated for the maintenance of non-road assets.
B. Capital Expenditure
Loan Repayment: An amount of ₹40,00,000 is allocated for repayment of loans.
Other Capital Expenditure: An amount of ₹4,97,00,000 is earmarked for the purchase of land and construction of roads and buildings.
4. Comparison with Previous Years
During 2019–20, the actual total income was ₹9,39,08,088, while the total expenditure was ₹9,45,71,306.
In the revised budget for 2020–21, the total income was estimated at ₹22,59,53,804, while the total expenditure was estimated at ₹25,97,35,500.
Compared with the previous years, the 2021–22 Budget aims to undertake a significantly higher level of development activities and increase the Panchayat's revenue.