Annual Finance Statement 2024-25
Here is a professional English version of the Mookkannoor Grama Panchayat Income and Expenditure Analysis Report 2024–25:
Mookkannoor Grama Panchayat
Income and Expenditure Analysis Report for the Financial Year 2024–25
This report has been prepared based on the Annual Income & Expenditure Statement for the period from 01.04.2024 to 31.03.2025.
1. Financial Overview
During the Financial Year 2024–25, Mookkannoor Grama Panchayat recorded a total income of ₹15.91 Crore and a total expenditure of ₹15.61 Crore. As a result, the Panchayat achieved an operational surplus of ₹30.40 Lakh. After accounting for prior-period items, the final surplus increased to ₹31.53 Lakh.
Key Financial Indicators
| Particulars | Amount |
|---|---|
| Total Income | ₹15.91 Crore |
| Total Expenditure | ₹15.61 Crore |
| Operational Surplus | ₹30.40 Lakh |
| Final Surplus | ₹31.53 Lakh |
2. Analysis of Revenue
A. Government Grants – The Major Source of Revenue
Government grants, funds, contributions, and subsidies accounted for ₹14.19 Crore, representing more than 89% of the Panchayat’s total income.
Major Grants Received
- Development Fund – ₹1.63 Crore
- Road Maintenance Fund – ₹3.05 Crore
- Non-Road Maintenance Fund – ₹52.88 Lakh
- General Purpose Fund – ₹1.37 Crore
- MGNREGS – ₹1.44 Crore
- Old Age Pension Fund – ₹3.15 Crore
- Widow Pension Fund – ₹1.21 Crore
B. Tax Revenue
The Panchayat generated ₹1.15 Crore through tax revenue.
Major Sources
- Commercial Building Tax – ₹45.35 Lakh
- Residential Building Tax – ₹29.08 Lakh
- Profession Tax (Employees) – ₹26.91 Lakh
- Entertainment Tax – ₹9.02 Lakh
C. Fees and User Charges
Revenue from fees, licenses, and permits amounted to ₹33.17 Lakh.
Major Components
- Building Permit Fees – ₹16.84 Lakh
- Building Regularization Fees – ₹5.13 Lakh
- License Fees – ₹3.79 Lakh
- Crematorium Fees – ₹2.09 Lakh
3. Expenditure Analysis
A. Social Security Pensions
The largest share of expenditure was allocated to social security pension schemes, totaling ₹5.12 Crore.
Major Pension Schemes
- Old Age Pension – ₹3.15 Crore
- Widow Pension – ₹1.21 Crore
- Disability Pension – ₹42.75 Lakh
- Agricultural Workers’ Pension – ₹21.89 Lakh
B. Infrastructure Development
A total of ₹3.37 Crore was invested in infrastructure development.
Major Works
- Road Retarring – ₹2.65 Crore
- Interlocking Roads – ₹22.24 Lakh
- Side Wall Construction – ₹12.17 Lakh
- Drainage Improvement – ₹2.93 Lakh
- Culvert Renovation – ₹2.89 Lakh
C. Health and Sanitation
Significant investments were made in the health sector.
Major Expenditures
- Purchase of Medicines for Health Institutions – ₹18.84 Lakh
- Ayurvedic Medicines – ₹11.00 Lakh
- Homeopathic Medicines – ₹2.50 Lakh
- Palliative Care Services – ₹6.99 Lakh
- Waste Management Activities – ₹8.89 Lakh
D. Housing Development
The Panchayat accorded high priority to housing initiatives.
Major Housing Schemes
- House Construction Assistance – ₹71.58 Lakh
- House Renovation Assistance – ₹24.62 Lakh
- Self-Renovation Assistance – ₹15.00 Lakh
- Land Purchase Assistance – ₹10.39 Lakh
4. Agricultural Sector Activities
An amount of ₹38 Lakh was spent on productive sector programmes.
Major Initiatives
- Paddy Cultivation Subsidies
- Coconut Development Programmes
- Banana Cultivation Promotion
- Water Conservation Activities
- Livestock Development Services
- Dairy Development Programmes
5. Administrative Expenditure
- Staff Salaries and Related Expenses – ₹1.33 Crore
- Administrative Expenses – ₹15.37 Lakh
- Street Light Electricity Charges – ₹14.64 Lakh
6. Financial Position of the Panchayat
Strengths
✅ The financial year ended with a surplus.
✅ Significant investments were made in development activities.
✅ Social security schemes were implemented effectively.
✅ Priority was given to road development and infrastructure improvement.
✅ Balanced investments were made across health, housing, and agriculture sectors.
Areas Requiring Attention
⚠ Own-source revenue, such as taxes and fees, constitutes only a small portion of total income.
⚠ Dependence on Government grants remains high.
⚠ Additional revenue potential exists through property tax, license fees, and user charges.
Conclusion
Mookkannoor Grama Panchayat demonstrated sound financial performance during the Financial Year 2024–25. The Panchayat successfully balanced development and welfare priorities through substantial investments in road infrastructure, healthcare services, housing assistance, social security pensions, and agricultural development.
The surplus recorded at the end of the financial year reflects prudent financial management and provides a solid foundation for future development initiatives and sustainable community growth.