Audit Report 2023-24
This document is the Kerala State Audit Department report for Pozhuthana Grama Panchayat for the financial year 2023-24. The audit reviewed annual accounts, project implementation, grant utilization, tax collection, welfare schemes, and financial management systems.
Key Financial Details
- Opening Balance: ₹2.61 crore
- Total Receipts: ₹5.78 crore
- Total Expenditure: ₹4.73 crore
- Closing Balance: ₹3.65 crore
Project Review
- Approved projects: 200
- Implemented projects: 101
- Not implemented: 99
- Project completion rate: 50.5%
Welfare Schemes
The Panchayat implemented major social welfare pension schemes:
- Old-age pension – 1568 beneficiaries
- Widow pension – 932 beneficiaries
- Disability pension – 220 beneficiaries
- Agricultural labour pension – 139 beneficiaries
Major Audit Findings
The audit identified several accounting and administrative issues:
- Mandatory financial statements and comparative data were missing.
- Monthly financial statements and bank reconciliations were incomplete.
- Differences existed in cash flow, ledger, and deposit records.
- Asset depreciation and liabilities were not properly recorded.
- Some cheques remained uncleared or were not moved to stale cheque accounts.
- MGNREGS, grant utilization, and deposit figures did not match annual accounts.
- Professional tax was not collected from contractors.
- Property tax collection records differed from annual financial statements.
- Unlicensed businesses and resorts were found operating.
- Rental arrears existed in Panchayat-owned buildings.
Audit Recommendations
The report recommends improving accounting systems, updating financial records, strengthening tax and revenue collection, and ensuring better monitoring of projects and grants.