Budget - 2021-22
Based on the information provided, a summary report related to the budget preparation of Akalakkunnam Grama Panchayat for the financial year 2021-2022 (Budget Preparation Helper) of Akalakkunnam Grama Panchayat in Kottayam district is provided below:
Akalakkunnam Grama Panchayat - Budget Summary (2021-2022)
The main information regarding the own funds provided by Akalakkunnam Grama Panchayat for the annual plan as part of the Thirteenth Five Year Plan (2017-2022) is as follows:
1. Income Information (Receipts)
Opening Balance of Own Income: ₹54,16,974
Own Income as per Budget for the current year: ₹72,35,000
Tax Income: ₹49,00,000
Non-Tax Income: ₹23,35,000
General Purpose Fund (Received through State Budget): ₹1,00,00,000
Total Own Income: ₹2,26,51,974
2. Expenditure & Balance
Amount allocated for administrative expenses: ₹1,94,95,500
Balance after administrative expenses: ₹31,56,474
Amount available for Annual Plan from the remaining amount: ₹2,96,21,926
3. Comparison with previous year figures
Own Fund spent on Annual Plan for the year 2019-2020: ₹25,75,000
If we calculate 115% of the previous year's amount, it comes to ₹29,61,250. An amount more than this limit has been allocated for Annual Plan 2021-2022.
Other sources of resources for project expenditure
(Expected other than provision from own income):
Item Details
Total expected receipts (₹)
Provision for revenue expenditure (₹)
Provision for capital expenditure (₹)
Special Funds
50,000
50,000
Capital Contribution
3,00,000
Share for integrated projects
15,00,000
15,00,000
Centrally Sponsored Scheme Grants
1,08,00,000
1,08,00,000
Development Fund
1,03,00,000
1,03,00,000
Grants for other purposes
2,50,00,00
50,000
2,00,000
Grand Total
2,28,50,000
50,000
2,28,00,000
Major Schemes (Centrally Sponsored): ₹1,00,00,000 through Mahatma Gandhi National Rural Employment Guarantee Act (NREGA), ₹1,00,00,000 through Suchitha Mission Grant ₹2,00,000 and ₹3,00,000 through ICDS are also expected in this.
General information about the budget preparation tool
Prepared by: This budget has been prepared through the Excel tool designed by Panchayath Help Desk for KILA.
Structure: This tool consists of Appendices, Working Sheets (WS) and Budget Schedules (BS). Forms from Appendices 1 to 5 are used by the Heads of various constituent institutions (Krishibavan, Veterinary Hospital, Homeopathy, ICDS etc.) and the Gram Panchayat Secretary to submit non-plan income and expenditure recommendations.
This tool helps in checking whether the statutory surplus has been properly maintained and in preparing a certificate to be submitted before the District Planning Committee (DPC).