Chapter No.9
Financial profile
The Accounts Section of Agra Municipal Nagar nigam (ANN) headed by Accounts Officer handles the Finance Management & Accounts of the Nagar nigam. This section also looks after the monitoring of grants, transfers from State Government, PF accounts, salaries, advances etc.
9.1 FINANCIAL PROFILE
The Income – Expenditure Accounts of the nagar nigam for the last five financial years i.e. year 2001-02, 2002-03, 2003-04, 2004-05 and 2005-06 were obtained and have been analyzed for the assessment.
The current accounting system is cash-based i.e. income & expenditure heads are maintained on cash receipt/ payment basis. Expenses on new projects are treated as Capital Expenditure and expenses towards maintenance are treated as Revenue Expenditure.
As regards implementation of accrual based accounting system, ANN has informed that it is being pursued and likely to be adopted from the year 2007-08.
9.2 REVENUE RECEIPTS
- Receipts from Taxes
- Non-Tax Revenue
- Transfers including Grants
Based on the Accounts procured from ANN, the information in respect of Revenue Receipts is as under:
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