Annual Financial Statement 2022-23
Arpookara Grama Panchayat Financial Review Report (Financial Year 2022–2023)
1. Income & Expenditure
- Total Income: ₹14,63,53,000
- Total Expenditure: ₹14,23,88,572
- Gross Surplus: ₹39,64,428
- Net Surplus (after prior period adjustments): ₹46,75,907
Major Revenue Sources:
- Revenue Grants and Funds: ₹12,50,75,874
- Tax Revenue: ₹1,19,58,438
- Rent from Panchayat Properties: ₹71,51,085
- Fees and User Charges: ₹11,11,782
Major Expenditures:
- Decentralized Plan Programs & Other Projects:
- Service Sector: ₹3,46,45,868
- Productive Sector: ₹64,23,040
- Infrastructure Sector: ₹76,67,412
- Other Schemes: ₹2,39,17,379
- Transferred Institutions & State-Sponsored Schemes: ₹4,28,41,198
- Establishment Expenses (Staff Costs): ₹1,64,16,945
- Depreciation: ₹65,19,006
2. Balance Sheet Summary (as on March 31, 2023)
- Total Liabilities & Funds: ₹11,24,39,602.94
- Panchayat General Fund: ₹4,06,26,088.99
- Reserves: ₹4,50,96,376.00
- Earmarked Grants and Funds: ₹1,43,33,149.00
- Secured Loans: ₹33,94,715.00
- Deposits: ₹68,24,443.00
- Total Assets: ₹11,24,39,602.94
- Fixed Assets (Net, including CWIP & Capital Expenditure): ₹4,51,64,660.00
- Cash & Bank Balances: ₹3,29,71,787.94
- Loans, Advances & Deposits: ₹2,33,84,011.00
- Receivables: ₹46,97,208.00
3. Financial Assessment
- Financial Health: The Grama Panchayat registered a net financial surplus of ₹46.75 lakhs during this fiscal period, indicating a stable overall financial position.
- Dependence on Grants: A major portion of the Panchayat's total revenue (approximately 85%) relies heavily on grants and funds provided by the Central and State Governments.
- Liquidity Position: The Panchayat maintained a solid liquidity position, closing the financial year with approximately ₹3.29 crores in cash and bank balances.