budget Report 2024-2025
Total Income + Opening Balance: ₹43,61,97,340
Total Expenditure: ₹42,06,53,100
Closing Balance: ₹1,55,44,240
Receipts
Total Revenue Receipts: ₹39,78,80,000
Own Fund: The Panchayat's own income (tax and non-tax revenue) is estimated at ₹2,75,40,000.
Tax Revenue: ₹1,75,00,000 is expected.
Of this, ₹1 crore is expected from property tax and ₹75 lakh from profession tax.
Grants: Revenue grants for plan expenditures (Plan Grants) constitute the major source of income. An amount of ₹25,43,40,000 has been allocated for this purpose.
Total Capital Receipts: Capital receipts (excluding loans) amount to ₹2,36,00,000.
Expenditure: Total revenue expenditure is ₹39,07,32,100. ₹25,95,69,000 has been set aside for project expenses funded by revenue grants.
Total Capital Expenditure: An expenditure of ₹2,99,21,000 is anticipated for various development activities.
Establishment Expenses: ₹2,82,35,000 has been allocated for staff salaries and other benefits; a sum of ₹25,00,000 is also included for the honorarium of elected representatives.
