FY 2024–2025
Kalpetta Municipality
Annual Financial Statement Brief & Executive Dashboard
Total Balance Sheet: ₹1,04,83,78,932.50 (₹104.84 Cr)
📊 At a Glance 💰 Major Expenditure & Revenue 💵 Cash Flow & Liquidity ⚖️ Balance Sheet 🔍 Key Observations & Insights
Financial Statistics – At a Glance
This executive summary synthesizes Kalpetta Municipality's core financial performance for FY 2024–2025. Explore key operational income streams, major spending heads, liquid cash reserves, balance sheet capital structure, and overall operational results. Use the interactive filters below to examine specific revenue and expense allocations.
TOTAL OPERATIONAL INCOME 100%
₹34.73 Cr
Exact: ₹34,72,60,717.00
Own Source: 25.34% Grants: 74.66%
TOTAL OPERATIONAL EXPENDITURE 100%
₹34.16 Cr
Exact: ₹34,15,65,388.00
Development: 72.43% Overheads: 23.20%
NET OPERATIONAL DEFICIT Post-Prior Items
-₹1.87 Cr
Gross Operating Surplus: ₹56.95 L
Prior Period Adjustments: ₹2.44 Cr
CLOSING LIQUID CASH As of 31-03-2025
₹18.04 Cr
Net Cash Accumulation: +₹33.70 L
Bank: ₹17.96 Cr Cash: ₹7.66 L
Income Sources: Grants vs Internal Revenue
FY 2024–2025
💡 Key Takeaway: 74.66% of operational income depends on intergovernmental grants, highlighting a structural reliance on external funding transfers.
Expenditure Structure Breakdown
FY 2024–2025
💡 Key Takeaway: 72.43% (₹24.74 Cr) of total operational spending goes directly toward developmental projects, service delivery, and public schemes.
Financial Performance Summary Table
Core financial metrics synthesized from Schedules I-1 to I-19 and Balance Sheet
| Category | Financial Indicator / Metric | Amount (₹) | Share / Share Value |
|---|---|---|---|
| Income | Own-Source Revenues (Taxes, Fees, Rentals, Interest, etc.) | 8,80,08,744.00 | 25.34% of Income |
| Income | Revenue Grants, Funds & Subsidies | 25,92,51,973.00 | 74.66% of Income |
| Total Income | Total Operational Income | 34,72,60,717.00 | 100.00% |
| Expenditure | Governance & Operational Overhead (Establishment, Admin, O&M, Interest) | 7,92,59,962.00 | 23.20% of Spending |
| Expenditure | Sectoral & Development Schemes (Service, Infrastructure, State Schemes, etc.) | 24,74,00,700.00 | 72.43% of Spending |
| Expenditure | Asset Depreciation | 1,49,04,626.00 | 4.36% of Spending |
| Total Expenditure | Total Operational Expenditure | 34,15,65,388.00 | 100.00% |
| Financial Result | Gross Operating Surplus (Income - Expenditure) | 56,95,329.00 | — |
| Financial Result | Less: Prior Period Adjustments (Schedule I-19) | 2,43,63,021.00 | — |
| Net Deficit | Net Operational Deficit (Post-Prior Period Items) | -1,86,67,692.00 | — |
| Cash Flow | Closing Cash & Bank Balance (31-03-2025) | 18,03,99,063.00 | Bank: ₹17.96 Cr / Cash: ₹7.66 L |
| Balance Sheet | Total Assets & Liabilities Balance | 1,04,83,78,932.50 | Reserves: 80.07% |
Major Operational & Sectoral Spending Analysis
Kalpetta Municipality's total operational expenditure for FY 2024–2025 reached ₹34,15,65,388.00. Spending is bifurcated between administrative overheads/governance (27.57%) and developmental/welfare sectors (72.43%). Filter and explore the core programs below to see how public municipal funds were allocated across healthcare, infrastructure, education, and state-sponsored schemes.
🏛️ Governance & Operations Overhead
₹9.42 Cr (27.57%)
Establishment Expenses Salaries, staff allowances, wages & benefits
₹4,82,27,292 14.12% of total exp
Operations & Maintenance Upkeep, repairs, sanitation, street lighting
₹2,35,95,945 6.91% of total exp
Depreciation Charge Non-cash wear & tear of fixed assets
₹1,49,04,626 4.36% of total exp
Interest & Finance Charges Servicing long-term loan liabilities
₹40,94,406 1.20% of total exp
Administrative Expenses Legal, audit, utilities, office supplies
₹33,42,419 0.98% of total exp
🌱 Welfare & Development Outlays
₹24.74 Cr (72.43%)
Developmental & Sectoral Expenditure Head Details
Breakdown of Schedule I-14 and I-15 Outlays
All Top Schemes (>₹1 Cr)
| Sector / Expenditure Head | Schedule Ref | Amount (₹) | Share of Operational Exp (%) | Primary Strategic Scope |
|---|---|---|---|---|
| Service Sector Projects | I-14(b) | 11,66,37,937.00 | 34.15% | Public health, social security, education, poverty alleviation |
| State Sponsored Schemes | I-14(d) | 9,62,74,790.00 | 28.19% | Targeted state welfare programs, housing & social initiatives |
| Revenue Grants, Contributions & Subsidies Paid | I-15 | 1,54,08,900.00 | 4.51% | Beneficiary assistance, community grants, social support |
| Infrastructure Sector Projects | I-14(c) | 1,14,01,893.00 | 3.34% | Local public works, road repairs, civic amenities |
| Productive Sector Initiatives | I-14(a) | 71,43,966.00 | 2.09% | Agriculture, local economic support, markets |
| General Programme Expenses | I-14 | 5,33,214.00 | 0.16% | Administrative program execution, civic awareness |
| TOTAL DEVELOPMENT EXPENDITURE | — | 24,74,00,700.00 | 72.43% | Core community welfare & development focus |
Cash Flow & Liquidity Dynamics
The Receipt and Payment Statement documents pure cash movements during FY 2024–2025. Gross annual cash receipts totaled ₹25,69,08,852.00 against cash payments of ₹22,32,14,150.00, producing a net positive liquid cash surplus of ₹33,69,702.00 and expanding closing liquid reserves to ₹18.04 Crore. Explore the inflows vs outflows below.
OPENING LIQUIDITY (01-04-2024)
₹14,67,04,361.00
Bank Balances:₹14.62 Cr
Cash in Hand:₹4.87 L
NET ANNUAL CASH SURPLUS
+₹33,69,702.00
Total Cash Inflows:₹25.69 Cr
Total Cash Outflows:₹22.32 Cr
CLOSING LIQUIDITY (31-03-2025)
₹18,03,99,063.00
Bank Balances:₹17,96,32,773
Cash in Hand:₹7,66,290
Major Cash Inflows (Receipts)
Note: Intergovernmental grants had zero direct cash receipts under Schedule R6 because funding was realized through debtor recovery (₹9.51 Cr) and tied specific grants (₹6.48 Cr).
Major Cash Outflows (Payments)
Debt servicing (loan repayments ₹4.93 L + interest ₹40.66 L + redemption payouts ₹76.59 L) absorbed a total of ₹1,22,18,336.00 in cash.
Interactive Liquidity & Cash Buffer Simulator
Test how adjustments to debtor collections, capital expenditure outlays, or debt repayments impact the municipality's ending liquid cash reserve.
Debtor Collections Adjustment (%)
-20% 0% +20%
Capital Outflow Increase (₹ Lakhs)
₹0 L ₹0 L ₹200 L
Projected Closing Liquid Cash
₹18.04 Cr
Baseline Balance
Verified Balance Sheet as of 31 March 2025
Kalpetta Municipality's total balance sheet stands at ₹1,04,83,78,932.50 (₹104.84 Crore). Reserves and Municipal Funds represent 80.07% of liabilities, while Fixed Assets and Capital Work in Progress (CWIP) make up the primary asset base. Review the complete schedule, explore working capital ratios, and test short-term solvency.
Net Working Capital
₹29.97 Cr
Current Assets (₹35.10 Cr) - Current Liabilities (₹5.13 Cr)
Current Ratio
6.84
Short-term assets cover current liabilities ~6.8x over
Cash Coverage Ratio
3.51x
Cash/Bank (₹18.04 Cr) vs Current Liabilities (₹5.13 Cr)
Asset Composition (₹104.84 Cr)
Liability & Fund Structure (₹104.84 Cr)
Detailed Balance Sheet Schedules (31-03-2025)
Full verified schedule of Assets and Liabilities
| Code | Item Description | Schedule | Liabilities (₹) | Assets (₹) |
|---|---|---|---|---|
| 3100000 | Panchayat/Municipal Fund | B1 | 47,02,03,306.21 | — |
| 3110000 | Earmarked Funds | B2 | 12,203.00 | — |
| 3120000 | Reserves | B3 | 36,92,13,465.00 | — |
| 3200000 | Grants, Funds & Contributions for Specific Purposes | B4 | 3,96,57,727.00 | — |
| 3300000 | Secured Loans (Long-Term Debt) | B5 | 11,79,67,943.00 | — |
| 3400000 | Deposits Received | B7 | 1,33,47,125.99 | — |
| 3500000 | Other Liabilities | B8 | 3,79,77,162.30 | — |
| 4100000 | Fixed Assets (Gross) | B9 | — | 53,74,84,728.00 |
| 4110000 | Less: Accumulated Depreciation | B10 | — | -5,85,19,238.00 |
| 4120000 | Capital Work in Progress (CWIP) | B11 | — | 21,74,10,953.00 |
| 4200000 | Financial Investments | B12 | — | 10,00,000.00 |
| 4300000 | Stock-in-hand | B13 | — | 10,45,835.00 |
| 4310000 | Sundry Debtors (Receivables) | B14 | — | 4,64,45,809.50 |
| 4400000 | Pre-paid Expenses | B16 | — | 8,41,36,849.00 |
| 4500000 | Cash and Bank Balances | B17 | — | 18,03,99,063.00 |
| 4600000 | Loans, Advances and Deposits | B18 | — | 3,89,74,933.00 |
| TOTAL | TOTAL BALANCE SHEET | — | 1,04,83,78,932.50 | 1,04,83,78,932.50 |
Key Financial Observations & Strategic Analysis
Institutional analysis of Kalpetta Municipality's FY 2024–2025 audited figures reveals critical structural dynamics. While the municipality maintains exceptional liquidity and strong short-term debt coverage, it faces structural reliance on grant transfers, heavy prior period accounting adjustments, and significant capital tied up in unfinished work in progress.
Vulnerability #1 Revenue Structure
High Reliance on Intergovernmental Fiscal Transfers
Revenue grants and subsidies (₹25.93 Cr) constitute 74.66% of overall operational income. Internal revenue sources (taxes ₹5.42 Cr net, user fees ₹2.15 Cr, rentals ₹0.78 Cr) contribute only 25.34%.
Action Item: Strengthen tax assessment & fee collection
Accounting Impact Schedule I-19
Impact of Prior Period Accounting Charges
The current year generated a positive gross operational surplus of ₹56,95,329.00. However, prior period accounting items totaling ₹2,43,63,021.00 swung the final result into a net deficit of -₹1,86,67,692.00.
Action Item: Tighten accrual cut-off controls
Strength #1 Working Capital
Strong Solvency & Working Capital Position
Net Working Capital stands at a robust ₹29,96,78,201.21. The Current Ratio of 6.84 indicates that short-term liquid and receivable assets cover current obligations nearly 7 times over.
Status: Very High Short-Term Solvency
Strength #2 Cash Buffer
Robust Liquid Reserves & Cash Coverage
Closing cash and bank balances of ₹18,03,99,063.00 alone cover total short-term liabilities (₹5.13 Cr) by 3.51 times, providing an excellent buffer against cash flow volatility.
Status: High Liquidity Cushion
Capital Efficiency CWIP & Debt
CWIP & Interest Carrying Costs
Capital Work in Progress (CWIP) stands at ₹21,74,10,953.00 (28.8% of net fixed assets + CWIP). Meanwhile, long-term loans of ₹11.80 Cr incur ₹40,94,406.00 in annual interest charges.
Action Item: Accelerate project commissioning
Debt Profile Schedule B5
Long-Term Debt & Servicing Discipline
Secured loans total ₹11,79,67,943.00. During FY 2024–2025, total debt redemption and servicing outflows reached ₹1,22,18,336.00, fully covered by operating cash flows.
Status: Manageable Debt Burden
Strategic Scenario & Fiscal Policy Modeling
Simulate how local fiscal policy interventions could transform Kalpetta Municipality's income autonomy and net operational outcome.
Increase Own-Source Revenue Collection by (%):
0% +15% +50%
Reduce Prior Period Adjustments Drag by (%):
0% -25% -100%
Projected Fiscal Impact
New Own-Source Revenue: ₹10.12 Cr
New Own-Source Share: 27.8%
Projected Net Result: -₹0.52 Cr
A 15% boost in internal revenues + 25% lower prior period charges reduces operational deficit significantly.
Kalpetta Municipality Financial Brief (FY 2024–2025)
Source Statements: Balance Sheet, Income & Expenditure Statement, Receipt & Payment Statement
Digitally Signed & Approved Document Data
