Finance Standing Committee

Adat Grama Panchayat Finance Standing Committee Members

1
Ajitha Krishnan
Ajitha Krishnan
Mob: 9446906345
Manidam (Ward 16)
Vice President
2
Renjitha K R
Renjitha K R
Mob: 8547229005
Chittilappilly Ground (Ward 4)
Finance Standing Committee Member
3
Doju Cheruvathoor
Doju Cheruvathoor
Mob: 9961999459
Puranattukara (Ward 12)
Finance Standing Committee Member
4
Asha Ramesh
Asha Ramesh
Mob: 9048241917
Parikkad (Ward 13)
Finance Standing Committee Member
5
Sreelakshmi Harish
Sreelakshmi Harish
Mob: 88913 30223
Vilakkumkal (Ward 14)
Finance Standing Committee Member

💰 Major Responsibilities of the Finance Standing Committee

As per the Kerala Panchayat Raj Act, the Finance Standing Committee is the principal committee responsible for managing, supervising, and monitoring the financial affairs of the Panchayat.

📊 Budget & Financial Management

  • Assist in the preparation of the Panchayat Budget.
  • Examine the Annual Budget and Revised Budget and submit recommendations.
  • Suggest measures for increasing the Panchayat's revenue.
  • Ensure the efficient collection of taxes, fees, and cess.
  • Examine the Panchayat's income and expenditure accounts.
  • Supervise financial transactions of the Panchayat.

📑 Audit & Financial Oversight

  • Review audit reports and audit observations and recommend appropriate follow-up actions.
  • Ensure that Panchayat funds are utilized legally, efficiently, and transparently.
  • Review matters relating to the financial management of Panchayat properties and assets.
  • Recommend measures for financial control and expenditure reduction.
  • Suggest ways to mobilize financial resources for development projects.
  • Perform other financial responsibilities entrusted by the Panchayat Committee.

ℹ️ Importance of the Finance Standing Committee

The Finance Standing Committee plays a crucial role in ensuring financial discipline, transparency, and accountability within the Panchayat. Through budget preparation, revenue enhancement, lawful utilization of funds, review of audit reports, expenditure control, and identification of financial resources for development projects, the Committee ensures the financial stability of the Panchayat and supports the effective implementation of development programmes.