Buget 2026-27
This report analyzes the financial resources and spending priorities of the panchayat by comparing the budget figures for the year 2025–2026 with the new budget proposals for the year 2026–2027.
📊 Melukavu Grama Panchayat Budget Report (2026–2027)
1. Budget At a Glance
| Particulars | 2025–2026 Budget (₹) | 2026–2027 New Budget (₹) |
|---|---|---|
| Opening Balance | 1,14,93,220 | 97,04,059 |
| Total Revenue Receipts | 4,90,50,685 | 5,63,93,945 |
| Total Capital Receipts | 7,76,80,114 | 6,58,68,444 |
| Total Receipts + OB | 12,67,30,799 | 12,22,62,389 |
| Total Revenue Expenditure | 10,25,82,673 | 6,88,24,364 |
| Total Capital Expenditure | 2,91,80,317 | 15,03,830 |
| Total Expenditure | 13,17,62,990 | 7,03,28,194 |
| Closing Balance | 64,61,029 | 6,16,38,254 |
2. Receipts Analysis
The total receipts of the panchayat have been set at ₹12.22 crore (₹12,22,62,389), reflecting a minor variation from the previous year's ₹12.67 crore.
- A) Revenue Income (Facts & Changes):
- Tax Revenue: As part of strengthening own tax collection, tax revenue has been raised from ₹50.5 lakh to ₹58.45 lakh. Property tax accounts for the major share of this (₹45,00,000).
- Fees and User Charges: An amount of ₹43,93,925 is expected under this head, which includes building construction permit fees and license fees. Notably, a new revenue item of ₹1.5 lakh from 'fines for littering waste' has been included in the budget.
- Revenue Grants and Pension Funds: Revenue grants received from the government increased from ₹3.84 crore to ₹4.56 crore (₹4,56,23,020). This includes the General Purpose Fund (₹84.9 lakh) and various social security pensions (old-age pension ₹2.15 crore, widow pension ₹60 lakh).
- B) Capital Income:
- This category includes central and state grants for project development, as well as MGNREGS funds. This has decreased to ₹6.58 crore this time from last year's ₹7.76 crore. However, ₹1.52 crore has been allocated for the Mahatma Gandhi National Rural Employment Guarantee Scheme and ₹1.69 crore for the General Development Fund.
3. Expenditure Analysis
Total expenditure for the year 2026–2027 has been set at a significantly lower amount of ₹7,03,28,194 (compared to ₹13.17 crore in the previous year).
- A) Major Changes in Revenue Expenditure:
- Establishment Expenses (Administrative & Salary): Allocated ₹1,38,81,364 with a slight increase, covering salaries and councilors' honorarium. An amount of ₹25 lakh has been set aside specifically for councilors' honorariums.
- Program Expenses (Major Increase): Allocated ₹1,52,50,000 (₹1.52 crore) this time, compared to just ₹2.3 lakh last year. The majority of this has been earmarked for poverty alleviation projects.
- Welfare Pensions: Expenditure for state-sponsored pension distributions increased from ₹3.02 crore to ₹3.71 crore.
- Sector-wise Shift: While allocations were made directly under the revenue account in the last budget for the productive, service, and infrastructure development sectors (approx. ₹5.6 crore), they have not been included under the revenue category this time. This may have been decentralized directly into project plans.
- B) Capital Expenditure:
- Last year, ₹2.47 crore was directly set aside in the budget for the construction of fixed assets (roads, buildings, hospitals). However, in the new budget, only ₹15,03,830 has been allocated strictly under refunds of advances and deposits.
4. Key Takeaways
- Surplus Budgeting: By tightly controlling expenditure this year, the budget maintains a substantial closing balance of ₹6,16,38,254 (₹6.16 crore). This will empower the panchayat to formulate more development projects in the coming months.
- Priority to Social Security: Allocating large sums for poverty alleviation and social security pensions for the elderly, persons with disabilities, and widows is a highly welfare-oriented aspect of this budget.
- Strict Stance on Waste Management: Revenue targeted through fines on littering reflects the governing committee's foresight toward making the panchayat cleaner.
