AFS 2025-2026 Report
Thalayazham Grama Panchayat
Financial Report for the Financial Year 2025-26 – Summary
This report has been prepared based on an examination of the financial records of Thalayazham Grama Panchayat for the period from 1 April 2025 to 31 March 2026. As per the Income & Expenditure Schedule, the total income for the financial year is ₹18,86,97,237.
1. Major Sources of Income
The major sources of the Panchayat's own revenue include Property Tax, Profession Tax, Rent, various Fees and User Charges. Property Tax receipts from Residential Buildings amounted to ₹32,96,590, while Property Tax from Non-Residential Buildings amounted to ₹18,10,832. Under Profession Tax, ₹6,87,350 was recorded from Employees and ₹2,80,750 from Traders/Institutions.
The Revenue Grants, Contributions and Subsidies category includes major income items such as General Purpose Fund – ₹1,16,82,215; Development Fund-General – ₹1,33,83,264; Road Maintenance Fund – ₹1,51,26,230; MGNREGS – ₹3,24,27,672; and Old Age Pension – ₹4,22,76,600.
2. Major Areas of Expenditure
The major areas of expenditure of the Panchayat include employee salaries, administrative expenses, road and infrastructure development, social welfare, agriculture, health, drinking water, housing, and waste management.
The expenditure in the Road sector was ₹1,48,05,173. Under Housing & House Electrification, an amount of ₹1,07,98,591 was spent. Expenditure under Agriculture-Paddy amounted to ₹36,00,640, while ₹16,17,131 was spent on Agriculture Development Infrastructure.
Significant expenditure was also incurred in the social welfare sector, including Old Age Pension – ₹4,22,76,600; Widow Pension – ₹1,23,48,600; Agricultural Workers/Labourers Pension – ₹1,96,05,800; and Differently Abled Pension – ₹58,38,400.
3. Cash Position and Cash Flow
At the beginning of the financial year 2025-26, Cash and Cash Equivalents stood at ₹2,99,80,230. At the end of the financial year, this increased to ₹4,43,85,936. Thus, there was a net increase of ₹1,44,05,706 during the year.
The Panchayat generated a positive cash flow of ₹4,92,77,920 from Operating Activities, while a negative cash flow of ₹2,66,56,137 from Investing Activities was recorded. This was mainly due to expenditure of ₹2,71,78,619 towards asset creation.
4. Asset Position
According to the Balance Sheet as on 31 March 2026, the total value of the Panchayat's Fixed Assets was ₹10,36,63,583. This includes Black Topped Roads – ₹4,41,67,654; Administrative Buildings – ₹1,00,36,676; Furniture/Fixtures/Electrical Appliances – ₹64,59,024; and Concrete Roads – ₹79,39,699, among other assets.
The Accumulated Depreciation was recorded at ₹5,05,82,545.
5. Receivables and Advances
Under the Sundry Debtors (Receivables) category, an amount of ₹84,37,800 is recorded as receivable. Pre-paid Programme Expenses amounted to ₹3,20,54,757. An amount of ₹1,07,95,659 was recorded under Loans, Advances and Deposits.
6. Liabilities and Funds
According to the Balance Sheet, Capital Contribution amounted to ₹9,18,36,999. The total amount under Grants and Contributions for Specific Purposes was ₹2,29,92,465. The Secured Loan from K.U.R.D.F.C. was recorded at ₹3,81,95,105.
Conclusion
During the financial year 2025-26, Thalayazham Grama Panchayat utilized significant funds for various development, social welfare, infrastructure, agricultural, health, and housing programmes. Maintaining Cash and Bank Balance of approximately ₹4.44 crore at the end of the financial year is a notable aspect of the financial position.
At the same time, timely settlement and adjustment of receivables, advances, and various liabilities, along with strengthening the Panchayat's own-source revenue, would contribute to further improving its financial position.
