AFS
Balance Sheet summary for the Vannappuram Grama Panchayat up to August 12, 2024:
This is the official Balance Sheet document of the Vannappuram Grama Panchayat up to August 12, 2024. A summary of this financial report is provided below:
1. Overall Financial Status
Total Liabilities & Funds: ₹27,57,56,130/- (27.57 Crore Rupees)
Total Assets: ₹27,57,56,130/- (27.57 Crore Rupees)
2. Funds & Liabilities
Key details regarding the various funds and obligations held by the panchayat:
Panchayat General Fund: ₹6,62,22,685/-. Out of this, ₹5,52,75,552/- represents the Excess of Income Over Expenditure.
Reserves: ₹14,60,50,465/- (14.60 Crore Rupees). The largest portion comes under the Capital Contribution of the Accelerated Rural Water Supply Scheme (ARWSS), amounting to ₹13.64 Crores.
Grants for Specific Purposes: ₹31,857,679/-. This includes the Tied Fund of the Central Finance Commission (₹94.00 Lakhs), Basic Tax Grant (₹44.34 Lakhs), and ICDS (₹21.60 Lakhs).
Secured Loans: There is a total loan liability of ₹2,42,29,902/- from Co-operative Banks and KURDFC.
Other Liabilities and Deposits: Deposits received from contractors and others amount to ₹19,55,312/-, while other liabilities, including staff Provident Fund recoveries, stand at ₹45,19,835/-.
3. Assets Details
Details of the various capital investments and assets owned by the panchayat:
Fixed Assets: ₹8,52,515/-
Annual Plan Capital Expenses:
Infrastructure Sector (Roads, Bridges, Streetlights): ₹13,68,02,226/- (13.68 Crore Rupees). This includes ₹4.31 Crores for tarred roads and ₹1.20 Crores for new roads.
Service Sector (Drinking Water, Education, Health): ₹7,30,22,223/- (7.30 Crore Rupees). The largest expenditure here has been utilized for new borewells and drinking water schemes (₹6.11 Crores).
Production Sector (Veterinary Hospital): ₹1,23,801/-.
Cash & Bank Balance: A total of ₹4,30,74,045/- (4.30 Crore Rupees) is available across various banks and the treasury. This includes ₹1.38 Crores in the Federal Bank CFC account and ₹1.25 Crores in the SBI Plan account.
Receivables (Sundry Debtors): The pending collections for property tax and profession tax amount to ₹4,862,229/-.
Loans & Advances: A total of ₹1,14,55,401/- has been issued as advances to implementing officers and other agencies.
In Summary: This financial report clearly demonstrates that the Vannappuram Panchayat has utilized the major share of its funds for drinking water schemes (Jalanidhi/Borewells) and basic infrastructure development, including roads.