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Annual Financial Statements

 Annual Financial Statement

The Annual Financial Statement (AFS) is an official document that provides a comprehensive financial picture of the Panchayat during a financial year, including its income, expenditure, assets, liabilities, and fund balances.

Key Objectives

  • Assess the financial position of the Panchayat.
  • Accurately record income and expenditure.
  • Ensure transparency and accountability.
  • Provide a basic document for auditing and administrative inspections.
  • Support future budget planning.

Major Financial Components

Income and Expenditure Statement

  • Property Tax
  • Profession Tax
  • License Fees
  • Government Grants
  • Plan Funds

Balance Sheet

  • Bank Deposits
  • Buildings
  • Vehicles
  • Land
  • Liabilities and Arrears

Receipt & Payment

  • Tax Collection
  • Grants
  • Fee Income
  • Salaries
  • Plan Expenditure

Annual Financial Statement Reports

Konni Grama Panchayat

2022-23 2023-24 2024-25 2025-26 

Click on the respective year button to view the Annual Financial Statement Report.