Pampady
Grama Panchayat

Summary of the Financial Report of Pampady Grama Panchayat for the Financial Year 2021–2022

The following is a summary of the Financial Report of Pampady Grama Panchayat for the financial year 2021–2022, as of 31 March 2022.

1. Balance Sheet

• Total Liabilities: ₹12,47,69,412.00 (approximately ₹12.47 crore)
• Total Assets: ₹12,47,69,412.00 (approximately ₹12.47 crore)
• Panchayat General Fund: ₹6,16,51,906.00
• Total Fixed Assets: ₹4,08,04,500.00 (net value after depreciation)
• Cash and Bank Balance: ₹5,70,18,375.00

2. Income and Expenditure

• Total Income: ₹19,07,26,709.00 (approximately ₹19.07 crore)
• Total Expenditure: ₹19,00,49,445.00 (approximately ₹19.00 crore)
• Gross Surplus: ₹6,77,264.00
• Net Surplus after Prior Period Items: ₹1,41,385.00

Major Sources of Income

• Grants and Contributions: ₹17,48,93,790.00 — the largest source of income.
• Tax Revenue: ₹1,13,15,044.00 — including property tax and profession tax.
• Rental Income from Panchayat Assets: ₹1,80,04,320.00
• Fees and User Charges: ₹15,86,161.00

Major Expenditures

• Establishment Expenses: ₹1,64,02,542.00 — including salaries and allowances.
• Decentralised Planning – Service Sector Projects: ₹5,79,06,833.00
• Decentralised Planning – Productive Sector Projects: ₹46,18,455.00
• Expenditure on Transferred Institutions and State Schemes: ₹7,68,58,895.00 — mainly for various pension schemes.
• Maintenance Projects: ₹1,76,94,610.00 — including roads and other assets.
• Operations and Maintenance: ₹69,02,800.00
• COVID-19 Prevention Activities: ₹32,05,301.00

3. Receipts and Payments Summary

• Opening Balance: ₹4,65,94,663.00 (Cash and Bank)
• Total Receipts during the Year: ₹15,81,12,824.00
• Total Payments during the Year: ₹15,81,12,824.00
• Closing Balance: ₹5,70,18,375.00

Conclusion

In the 2021–2022 financial year, Pampady Grama Panchayat received substantial revenue grants and utilised the available funds for various development projects, welfare schemes, and pension programmes. The Panchayat concluded the financial year with a net surplus of ₹1,41,385.00 and a strong closing bank and cash balance of ₹5,70,18,375.00, indicating a stable financial position at the end of the year.