2015-16 AUDIT REPORT

Elikulam Grama Panchayat

Audit Report

Financial Year 2015–16

Audit Report Summary

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Report Summary

The Audit Report of Elikulam Grama Panchayat for the financial year 2015–16 examines the Panchayat's revenue, expenditure, annual accounts, tax collection, maintenance of records, and project implementation, and highlights various irregularities and areas requiring improvement.

 

📄 Annual Accounts

The audit report indicates that certain discrepancies were identified while verifying the annual accounts with the basic registers and other supporting records.

 

🏠 Property Tax

  • Irregularities were identified in the assessment of property tax on non-residential buildings.
  • The report also includes audit observations and recommendations relating to the assessment of tax on certain buildings, including mobile towers.
Key Recommendation: Property tax assessment and related inspections should be carried out accurately to rectify tax-related irregularities.

 

🗂️ Maintenance of Records and Registers

  • Information relating to certain roads had not been completely recorded in the prescribed forms and supporting documents.
  • The report also records instances where the required explanations were not received in response to audit enquiries.
The audit highlights the need to maintain registers and project records in a complete and accurate manner.

 

⚠️ Asraya Project

  • The audit found significant negligence in the implementation of the Asraya Project.
  • After 25.08.2014, the activities of the project had not been carried out effectively.
  • Although beneficiaries had been selected, the report points out the need to make the subsequent procedures more effective.
Audit Observation: Project activities should be carried forward in a timely and effective manner with a beneficiary-centred approach.

 

💰 Utilisation of Central Share Fund

The report indicates that a substantial portion of the Central Share Fund received remained unutilised as a closing balance.

ParticularsAmount
Total Amount Available₹2,79,755
Amount Utilised₹32,989
Closing Balance₹2,46,766
Key Finding: More effective project implementation is required to ensure the timely utilisation of available funds.

 

💵 Cash Verification

Date of Cash Verification
20.10.2016
Cash Balance Verified
₹12,115

The report records that the correctness of the cash balance verified during the cash verification was found satisfactory.

 

Overall Conclusion

According to the Audit Report of Elikulam Grama Panchayat for 2015–16, the audit highlights the need to improve tax assessment, accurate maintenance of records, project implementation, particularly the progress of the Asraya Project, and the timely utilisation of available funds.

 

📌 Key Recommendations

1. Tax Assessment
Rectify the irregularities in tax assessment and ensure accurate verification.
2. Record Maintenance
Maintain registers and project records in a complete and accurate manner.
3. Project Implementation
Implement welfare schemes, including the Asraya Project, effectively and in a timely manner.
4. Fund Utilisation
Take effective measures to ensure the timely utilisation of available funds.
5. Audit Enquiries
Provide accurate responses to audit enquiries and rectify the identified irregularities.

 

At a Glance

2015–16
Financial Year
₹2,79,755
Total Central Share
₹32,989
Amount Utilised
₹12,115
Cash Balance Verified

 

Elikulam Grama Panchayat

Audit Report Summary | Financial Year 2015–16

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  • 2015-16 AUDIT REPORT