Budget Report 2023-24
Budget Summary of Kavilumpara Grama Panchayat for the Financial Year 2023–2024
- The Opening Balance for the financial year 2023–2024 is estimated at ₹42,91,587.
- The total Own Fund expected is ₹97,06,000, which includes tax revenue of ₹78,00,000 and non-tax revenue of ₹19,06,000.
- The General Purpose Fund allocation for this period is ₹1,26,00,000.
- Other Revenue Grants include ₹19,40,57,877 for plan expenditure and ₹7,00,00,000 for non-plan expenditure.
- Total Revenue Receipts are estimated to reach ₹28,63,63,877.
- Total Capital Receipts stand at ₹10,92,59,356, which includes loan amount of ₹2,39,30,958 and other capital receipts of ₹8,53,28,398.
- Combining revenue and capital receipts, total receipts for the year are ₹39,56,23,233; including the opening balance, total available funds amount to ₹39,99,14,820.
- Total Revenue Expenditure is expected to be ₹33,93,15,015, comprising ₹2,18,76,500 for mandatory/mandatory-duty functions, ₹24,74,38,515 for plan expenditure, and ₹7,00,00,000 for non-plan expenditure.
- Total Capital Expenditure is ₹5,67,98,016, which includes ₹2,39,30,958 in loan repayments and ₹3,28,67,058 for other capital works.
- Total estimated expenditure is ₹39,61,13,031, leaving a Closing Balance of ₹38,01,789.
