BUDGET 2025-26

Preface

Presented here is the budget information for the Thikkoti Grama Panchayat for the financial year 2025–2026. This is a comprehensive financial document aimed at local development, public welfare, and infrastructure growth. The budget details have been prepared in accordance with Form 1.

This budget includes various tax revenues, fees, grants, and income from interest. The primary expenditure categories consist of employee salaries, administrative expenses, operation and maintenance costs, and capital expenditures for various projects.

Budget in Brief

The budget estimates for the Thikkoti Grama Panchayat for the financial year 2025–2026 are provided below:

Budget at a Glance

Receipt HeadsAmount in ₹
Tax Revenues86,50,000
Fees and User Charges38,64,500
Sale and Hire Charges1,25,000
Revenue Grants1,88,98,000
Income from Investments14,25,000
Interest from Bank Accounts2,90,000
Other Income2,500
Total Revenue Receipt3,32,55,000
Expenditure HeadsAmount in ₹
Establishment Expenses1,72,04,542
Administrative Expenses37,10,167
Operation and Maintenance20,65,000
Interest and Finance Charges3,000
Total Revenue Expenditure2,29,82,709
Payment of Recoveries16,66,073
Loans, Advances and Deposits10,000
Total Capital Expenditure16,76,073
Total Expenditure2,46,58,782

DetailsMajor Revenue Items

  • Property Tax: The primary expected tax revenue for this financial year is ₹68,00,000.
  • Profession Tax: An income of ₹18,50,000 is expected.
  • Fees for Construction of Buildings: This category represents the highest expected source of income among all fees, amounting to ₹21,00,000.
  • General Purpose Fund: A grant of ₹1,88,98,000 is expected from this item, which accounts for a major share of the total revenue receipts.

Major Expenditure Items

  • Establishment Expenses: A total of ₹1,72,04,542 has been allocated for employee-related expenses.
    • Salaries - Permanent Staff: This constitutes the single largest expenditure at ₹94,24,927.
    • Honorarium & Sitting Allowance - Councillors: ₹20,00,000 has been sanctioned for this purpose.
  • Administrative Expenses: A total of ₹37,10,167 has been earmarked.
    • Rent of Buildings: The major administrative expense is ₹10,00,000.
  • Operation and Maintenance: A total of ₹20,65,000 has been set aside for this sector.
    • Electricity Charges - Street Lights: ₹6,00,000 has been allocated for this.
    • Repairs & Maintenance: ₹7,00,000 has been allocated for the upkeep and repair of various assets and equipment (Other Infrastructure: ₹3,00,000; Buildings: ₹1,00,000; Vehicles: ₹50,000; Office Equipment: ₹2,50,000).

Conclusion

The 2025–2026 budget for the Thikkoti Grama Panchayat is a balanced document that relies on revenue grants and internal revenue sources of the local body, such as property tax. This budget prioritises employee wages, administrative requirements, and public services like the maintenance of street lights and drinking water schemes. Since the expected revenue exceeds the total expenditure, the budget document indicates a surplus balance of ₹3,53,74,986.