Annual Report for FY 2018-19

Vadodara Municipal Corporation


2018-19

ANNUAL REPORT

ANNUAL REPORT

For

F.Y.2018 –19

Khanderao Market Building,

Rajmahel Road,

Vadodara – 390001.

Website : www.vmc.gov.in

http://www.vmc.gov.in/

Vadodara Municipal Corporation Annual Report for F.Y. 2018 -19

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TABLE OF CONTENTS

Sr. Particulars Page No.

01 Important Office bearers of VMC 03

02 From the Desk of Corporation

About Vadodara 06

Over View of Municipal Corporation 06

About Accrual Accounting in VMC 07

About System of Pre-Audit in VMC 08

Major Development Projects for F.Y. 2018-19 09

03 Independent Auditor’s Review Report 12

04 Balance Sheet 17

05 Statement of Income and Expenditure 20

06 Cash flow Statement 23

07 Significant Accounting Policy 26

08 Ratio Analysis 33

09 Notes to Financial Statement 36

10 Schedule to the Balance Sheet 45

11 Schedule to the Statement of Income and

Expenditure 64


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Vadodara Municipal Corporation (VMC)

Important Office Bearers of VMC for 2018-19

Sr. Name Position Incumbency Image

1 Shri Bharatbhai Dangar Mayor 01/04/2018

to 17/06/2018

Dr. Jigeeshaben J. Sheth Mayor 18/06/2018

to 31/03/2019

2 Shri Yogeshbhai Patel (Mukti) Deputy Mayor 01/04/2018

to 17/06/2018

Dr. Jivraj K. Chauhan Deputy Mayor 18/06/2018

to 31/03/2019

3 Dr. Jigeeshaben J. Sheth Chair Person,

Standing Committee

01/04/2018 to

17/06/2018

Shri Satishbhai G. Patel Chairman, Standing

Committee

18/06/2018 to

31/03/2019

4 Shri Ajay Bhadoo

IAS Municipal

Commissioner

01/04/2018 to

31/03/2019

5 Shri Sudhir K. Patel

GAS

Deputy Municipal

Commissioner

01/04/2018 to

31/03/2019

6

Shri Pankaj J. Aundhiya

GAS

Deputy

Municipal Commissioner

01/04/2018

to 31/03/2019


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Standing Committee Members of VMC for 2018-19

For the Period of

(01/04/2018 to 17/06/2018)

For the Period of

(18/06/2018 to 31/03/2019)

Dr.Jigishaben Sheth (Chair Person) Shri Satishbhai G. Patel (Chairman)

Shri Satendrabhai G. Patel Smt.Sunitaben S. Shukla

Smt.Vandanaben B. Khode Smt.Praveenaben K. Desai

Smt.Dharmisthaben S. Machhi Shri Nileshbhai R. Rathod

Shri Hasmukhbhai M. Patel Shri Jaimin J. Amin

Shri Ketanbhai D. Brahmbhatt Shri Dharmendrabhai H. Panchal

Shri Nitinkumar J. Donga Smt.Nital N. Gandhi

Smt.Poonamben G. Shah Shri Ajeet C. Dadhich

Shri Jivrajbhai K. Chauhan Smt.Jelam R. Chokshi

Smt.Kaminiben J. Soni Smt.Reetaben R. Singh

Shri Chaitanyabhai M. Desai Shri Mohanbhai N. Vasava

Shri Chandrakant C. Thakkar Smt.Jyotiben D. Pandya


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From the Desk of

Corporation


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ABOUT VADODARA

Vadodara, formerly known as Baroda is the third-largest city in the Indian state of Gujarat, after Ahmedabad

and Surat. It is the administrative headquarters of Vadodara District and is located on the banks of the

Vishwamitri River, 141 kilometres (88 mi) from the state capital Gandhinagar. The railway line and NH 8 that

connect Delhi and Mumbai pass through Vadodara.

It is known as a SanskariNagari of India. The city is known for the Lakshmi Vilas Palace, the residence of

Baroda State's Maratha royal family, the Gaekwads, of the Gaekwad Dynasty. It is also the home of the

Maharaja Sayajirao University of Baroda, the largest university in Gujarat.

As of 2011, Vadodara had a population of almost 1.61 million people. An important industrial, cultural and

educational hub of western India, the city houses several institutions of national and regional importance

while its major industries include petrochemicals, engineering, chemicals, pharmaceuticals and plastics.

OVER VIEW OF MUNICIPAL CORPORATION

On 1st April 1966, Vadodara got the status of the Municipal Corporation and hence the Bombay Provincial

Municipal Corporation (BPMC) Act was enforced. The Municipal administration was run as per the provisions

of BPMC Act till 2011 when the said act is replaced by the Gujarat Provincial Municipal Corporation (GPMC)

Act. Ever since then the Municipal administration is run as per the provisions of the GPMC Act 1949 and is

responsible for the civic infrastructure and administration of the city of Vadodara.

VMC plays a pivotal role as a facilitator and service provider for a better and healthy life to its citizens. After

selection of the city under smart city development Mission, VMC is fast approaching to reach its mission to

provide a clean, hygienic and aesthetically pleasing environment for the citizens through achieving the best

civic standards in the country and to preserve the historical character of the city.

Governing / Organization Structure:

The governing structure of VMC consists of political and administrative wings.

Political Wing / Elected Wing:-

The political wing is an elected body of Municipal Councilors headed by a Mayor. Vadodara has 12

administrative wards and 19 election wards. Each election ward is represented by four councilors

of whom,two are the lady councilors. Thus the total number of Municipal councilors is 76. The

election is held once in five years and the Mayor’s tenure is maximum of 2½ years.


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Under the GPMC Act, 1949 the powers are vested with three distinct statutory authorities of the

elected wing, viz. the General Board, the Standing Committee and other committees.

The corporation has statutory and non-statutory functional committees for setting the obligatory

and discretionary functions. Non-statutory sub-committees have only approval powers while the

Standing Committee is the statutory committee under VMC and is vested with powers to sanction

and award major works costing over Rs. 15 lakhs. The committee has 12 members and is headed by

a chairman elected from among the Corporators. The Respective Committee has powers to

sanction works costing over 10 lakh up to 15 lakhs. The General Board under the VMC also enjoys

sanctioning powers.

Administrative Wing :-

The commissioner from the IAS cadre heads the administrative wing. Municipal Commissioner is

assisted by a couple of Deputy Municipal Commissioners and several other officers including city

engineer, chief accountant and ward officers. Each administrative ward is headed by the ward

officer who is responsible for efficient and smooth functioning of revenue collection, sanitation and

implementation of certain government schemes and he is answerable to the Asstt. Municipal

Commissioner (Zone). There are Deputy Engineers in each ward who are equivalent in grade to the

ward officer and are looking after water supply and drainage functioning. These engineers are

working under direct supervision of an Executive Engineer (zone).

Administrative wing is responsible for strategic and operational planning and management of the

Corporation.

ABOUT ACCRUAL ACCOUNTING IN VMC

The Gujarat Municipal Accounts Code, 1961, governs accounts in Vadodara Municipal Corporation.

VMC has successfully implemented conversion to the Accrual Based Double Entry System of

Accounting, which is one of the mandatory reforms envisaged under Local Body accounting to

ensure transparency and give a correct picture of assets and liabilities. The Corporation is under the

double entry accrual system since April 1, 2007. An exercise is undertaken each year to ensure that

the system is followed in true spirit and for this assurance wherever necessary VMC relies upon

data made available by the departments of the Corporation in the form of various records, registers

and other information available. Broadly, the method adopted is in accordance with the general

guidelines contained in the National Municipal Accounts Manual (NMAM). The financial

http://www.vadodaracity.com/vmc_admin_chart/adminchart.htm

http://www.vadodaracity.com/vmc_admin_chart/techchart.htm

http://www.vadodaracity.com/vmc_admin_chart/zonalchart.htm


























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statements so compiled by VMC are reviewed by K C Mehta & Co., Chartered Accountants,

Vadodara with regard to the accrual system of double entry accounting after applying the

mandatory Accounting standards of ICAI and disclosure norms applicable to the Local Bodies.

ABOUT SYSTEM OF PRE-AUDIT IN VMC

The Local Fund carries out audit in consultation with Comptroller and Auditor General (C & AG) as

per Section 108A of theGujarat Provincial Municipal Corporation Act, 1949. But in the

Corporation,the Audit Department functions as per Section 105 and 106 of the said Act. The chief

auditor conducts the audit and is independent of the accounts department. The auditor is

responsible to the standing committee.The Audit department has a team of 53 recruited staff in

which Chief Auditor is the head of department under whom; there are senior auditors, assistant

auditors,stock verifier,junior auditors and junior clerks.

During the financial year 2018-19, the audit team has pre-audited 43,988 (Previous Year – 46,802)

invoices / bills with the detailed mentioned herewith. The said audit report with specific

observations is available on the web page https://vmc.gov.in/SupportAudit.aspxon thewebsite of

the Corporation.

Sr. Invoice Type Main Office

North Zone

South Zone

East Zone

West Zone

Central Store

Total Invoices

1 Tasalmat / Advances

113 1 1 0 0 15 130

2 Expenses Vouchers

8204 337 254 248 429 1973 11445

3 Light / Telephone 4478 188 238 349 42 0 5295

4 Others 201 0 0 0 0 0 201

5 Pension 879 0 0 0 0 0 879

6 P.W.D. 2467 597 580 594 458 0 4696

7 Refund 4206 928 851 955 1776 642 9358

8 Salary 1235 274 150 114 197 0 1970

9 Medical Bill 9947 0 0 0 0 0 9947

10 Grant 1 12 15 18 21 0 67

Current Year

Total Invoices 31731 2337 2089 2278 2923 2630 43988

Previous Year

Total Invoices 33279 3186 2646 2618 2391 2682 46802

https://vmc.gov.in/SupportAudit.aspx


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MAJOR WORKS COMPLETED IN F.Y. 2018-19

DEPARTMENT WORK NAME

AMOUNT

(Rs. In

Crores)

AmrutYojan

a

Intek Structure WTP & Transmission Work At

Sindhrot 190.00

78 MLD , STP At Rajiv Nagar

Bridge

Widening of Bridge at Vadsar

267.00 Genda Circle to ManishaChokdi

New Fly Over Built Over Sushen Junction

Building

Renovation of

Planetarium,ChatrapatiSivajiAtithigruh, Kalupura,

Ratri Bazar (Ajwa),Gotri Skating Ring

14.40

Drainage

Project

APS Work at S.S.G to Kalagodha,ManejaBhathiji

Temple to Alstrom Co.&Sayaji Township to

Kamlanagar

6.97

Futuristic

Planning Cell

Beautification of

KamlanagarTalav,SamaTalav,HarniTalav,GotriTal

av&ManjalpurTalav

4.33

Parks and

Gardens

Mission Million Trees Plantation done on Both

sides of Road,Dividers,T.P.Plot,Green Belt,VMC

Offices & Government Offices

1.00

Road

PanchvatiJakat Naka to Navayard Bridge,

NilambarVasanaBunglow to PrathamUpvan,

Maneja Main Road to Basil school, and Voltamp

Co. to Pancham Park

14.19


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DEPARTMENT WORK NAME

AMOUNT

(Rs. In

Crores)

Smart City

Project

Integrated Command Control Center & City

Information Center

101.42

Storm Water

Drainage

SWD Work at Makarpura Air Force Station, BSUP

Kishanwadi, Kalaswada Naka, Kamlanagar,

ManjalpurNirdeshTenaments and Vadsar Bridge to

Vadsar Gam 34.27

SWD Work at Rajiv Nagar, RTO SindhuSagar,

MashiyaKaas, SRP Compound, Ghaghretiya Slab,

Heeravanti to Sadhana Nagar

Street Light

ABC Work Instead of ACSR Line work At Diff City

Area

6.45 New LT Work at BadamdiBaug& HT Work at Ajwa

Town Hall

New HT Electrical System At Sardar Patel

Planetarium

Water Supply

High Concrete Water Tank to be built At Vasna&

GIDC

28.97 H. S. Tube Work At Kalali to Sushen Circle

Line Shifting work From TandaljaPatrakar Society to

Sun Pharma Road

Zoo

Renovation of Tiger Cage & Enclosure of Ghadiyal-

Crocodile 6.55

Huge Mott Enclosures Initial Stage of Zoo

Redevelopment


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Independent

Auditor’s Review Report


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CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report To, The Vadodara Municipal Corporation (VMC), Vadodara.

Report on the Financial Statements We have reviewed the accompanying financial statements of Vadodara Municipal Corporation (VMC), which comprise the Balance Sheet as at March 31, 2019, and the Statement of Income and Expenditure and Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information. Management’s Responsibility for the Financial Statements Management and those charged with governance of Municipal corporation is responsible for the preparation of these financial statements that are free from material misstatement in accordance with applicable financial reporting framework that give a true and fair view of the financial position, financial performance and cash flows of the local body in accordance with the accounting principles generally accepted in India. This responsibility also includes maintenance of adequate accounting records, safeguarding of assets of the municipal corporation and for preventing and detecting frauds and other irregularities, selection and application of appropriate accounting policies, making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatements, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express a conclusion on the accompanying financial statements. We conducted our review in accordance with Standard on Review Engagements (SRE) 2400 (Revised), Engagements to Review Historical Financial Statements. SRE 2400 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared in all material respects in accordance with the applicable financial reporting framework. This Standard also requires us to comply with relevant ethical requirements.

“Radha Krishna” GF-1, Nand Complex, Opp. Faculty of Technology, Dandia Bazar, Vadodara.- 390001. Phone (0265) 243 23 27, 241 59 03, 6351654493


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15


16

Balance

Sheet


17

BALANCE SHEET


19

Statement

of

Income

And

Expenditure


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STATEMENT OF INCOME AND EXPENDITURE

Amount in Rs.

Total (Funds) Total (Funds)

Item / Head of Account Schedule No. Current Year Year

2018-19

Current Year Year

2017-18

INCOME

Tax Revenue I-1 3,783,762,486 3,555,004,177

Assigned Revenues and Compensation I-2 483,207,446 464,814,456

Rental Income from Municipal Properties I-3 290,267,027 219,351,840

Fees and User Charges I-4 1,997,820,413 928,228,141

Sale and Hire Charges I-5 5,124,088 6,356,173

Revenue Grants, Contributions and Subsidies I-6 4,567,107,772 4,404,273,664

Income From Investments I-7 - -

Interest Earned I-8 465,366,203 580,244,768

Other Income I-9 148,003,327 90,644,763

Change in Inventories I-9(a) (86,413) (10,190,287)

Total-Income 11,740,572,349 10,238,727,695

EXPENDITURE

Purchase Expenses I-10 - -

Establishment Expenses I-11 6,012,189,580 5,849,811,978

Administrative Expenses I-12 145,729,253 108,943,410

Operations and Maintenance I-13 1,634,098,398 1,571,594,263

Programme Expenses I-14 1,963,480,616 1,882,158,384

Revenue Grants, Contributions and Subsidies I-15 4,327,703 4,055,284

Total-Expenture 9,759,825,550 9,416,563,319


Income and Expenditure Statement For The Financial Year 2018-19


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Cash Flow Statement


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CASH FLOW (F.Y.2018-19)

a. Cash flows from operating activities

Gross surplus/ (deficit) over expenditure 422,501,685 (653,047,531)

Adjustments for

Add:

Depreciation 2,229,920,606 2,107,222,432

Interest & finance expenses 130,660,311 150,675,406

2,360,580,917 2,257,897,838

Less:

Interest income 465,366,203 580,244,768

465,366,203 580,244,768

Adjusted income over expenditure before

effecting changes in current assets and

current liabilities and extra ordinary items. 2,317,716,399 1,024,605,539

Changes in current assets and current Liabilities

(Increase) / decrease in Sundry debtors (177,153,860) (224,055,342)

(Increase) / decrease in Stock in hand 86,413 10,190,287

(Increase) / decrease in other current assets 1,681,008 -

(Decrease)/ increase in Deposits received 384,716,817 (163,058,850)

(Decrease)/ increase in other current Liabilities (876,470,976) 136,999,484

(Decrease)/ increase in provisions 93,340,840 49,053,960

(573,799,758) (190,870,461)

Net cash generated from/ (used in) operating

activities (a)

1,743,916,641 833,735,078

2017-18


Statement of Cash Flow for the year ended 31st March, 2019

Current Year (Rs.) Previous Year (Rs.)

Particulars 2018-19


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Significant Accounting

Policy


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SIGNIFICANT ACCOUNTING POLICY 1. Basis of Accounting

The Financial Statements are prepared as on 31.03.2019on Accrual Basis following the historical cost convention in accordance with Generally Accepted Accounting Principles in India and guidelines provided under National Municipal Accounts Manual published by Ministry of Urban

Development, Government of India and the GPMC Act, 1949.

2. Use of Estimates

The preparation of financial statements requires estimates and assumptions to be made that affect reported amount of assets and liabilities, of revenue and expenses, and of disclosure of contingent assets and liabilities on the date of the financial statements. Difference between the actual results and estimates are recognized in the period in which the results are known / materialized.

3. Revenue Recognition

3.1 Tax on Property

VMC has adopted an area-based property tax assessment system from 1st April 2003. The property tax is calculated on the basis of four main factors -- location, age of the building, usage (residential or commercial) and occupancy factor (owner/tenant). Under this system, all other taxes such as water tax, education cess, fire tax, Conservancy and sewage Tax, sanitation tax etc. are merged into property tax. Revenue is recognized as and when it becomes due and treated as receivable when demand bill is generated. Further education cess included in property tax bill is collected on behalf of state government. The revenue is recognized and shown as Income on the following criteria:

Tax Outstanding upto March 2003 Tax outstanding from April 2003 onwards Current year Tax

Prior Period Income (Rental Based) Arrears (Previous year) Current Financial

year Income

3.2 Assigned Revenue

Assigned revenues like Professional tax, Entertainment Tax (upto abolishment in F.Y.2017-18), Government Cess (TDO), Fees, Theatre Tax etc. (including interest for delayed payment) accounted during the year only upon its actual receipt. 3.3 Other Non-tax Income

In respect of other incomes of the Corporation (Including non-tax income notice fees, reconnection fees, name transfer fees, tender fees, gas connection shifting fees, safe custody fees andpenalties, etc.are recognized on actual receipt basis. The treatment of recognition of revenue is as per Para 3.1 stated above.


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3.4 Rent including Lease Rent

Revenue in respect of Rent from properties is accrued based on terms of Agreement. In case of income from hoarding / advertisement, the same is booked on cash receipt basis.

3.5 Lease Premium

The amount of Lease Premium gets determinedwhen highest bidder gets approved by Standing Committee and General Board.The amount received as Lease Premium is treated as Capital Income in Revenue Capital Fund. 25% of Lease Premium is transferred to Earmarked Fund and utilized for the purpose of Land Acquisition by the Corporation or for refund in case of cancellation of the Lease.

4. Establishment Expenses

4.1. Expenses on Salaries, Bonus and Other Allowances (including Pension) are recognized as

and when they are due for payment (i.e the month end).

4.2. Statutory deductions from salaries including those for income tax, provident fund contribution etc. are recognized as liability in the same period in which the corresponding salary is recognized as expense.

4.3. Contribution towards Pension and other retirement benefits are recognized as liability when bills are sanctioned for payment.

5. Revenue Expenditure 5.1. Revenue expenditure is treated as expenditure in the period in which they are incurred.

The expenditure is accrued when the bills are admitted.

5.2. When the time lag between the admission of the bill and its payments is not significant, the expenditure is accounted when the bills are paid.

5.3. Provisions are made at the year-end for all the bills received up to a cut-off date pertaining

to the current financial year.

6. Public Works / Capital Expenditure

6.1. In case of works, expenditures are accrued as soon as the work has been measured, bills

are submitted / admitted and approved by the audit department.

6.2. Earnest money deposits (EMD), Security deposit and retention money received or recovered from Contractors’ bills are recognized as a liability on actual receipt / deduction. If deposits are unclaimed, lapsed as per the rules of the corporation, they are recognized as Capital income in the year when they are forfeited or lapsed.


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7. Fixed Assets 7.1. All Fixed assets are carried at the Value of Asset adopted less accumulated depreciation. 7.2. All assets purchased or created under various funds are transferred to Main fund on the

last day of the financial year and corresponding reserve is created in Municipal General Fund under the respective Fund/Grant.

7.3. Expenditure on Capital work is recognized as “Capital Work-in-progress” until completion

of work, and is “Capitalized” on its completion.

7.4. Expenditure incurred to maintain the asset and sustain its functioning is charged off as

revenue expenses.

8. Depreciation on Fixed Assets

8.1. Depreciation is provided on opening balance for the full year on Straight Line Method

(SLM).

8.2. As shown in a table below, the rate of depreciation adopted at Sr. No 1 to 6 are as prescribed under The Companies Act, 1956 while the rate at Sr. No 7 is as prescribed under the Income Tax Act, 1961.

Sr. No. Assets Rate

1 Building 1.63 %

2 Plant and Machinery 4.75 %

3 Motor Vehicle 9.50 %

4 Office Equipment 6.33 %

5 Infrastructure 4.75 %

6 Furniture 6.33 %

7 Computer 40.00%

9. Investment

9.1. Amount invested either temporarily or otherwise if any, is accounted as “Investment”.

Long Term Investments are recognized at cost. Most of the Investments of the

Corporations are in the form of fixed Deposits held with various Banks/s. Provision for

diminution in the value of long-term investments is made only if such a decline is other

than temporary in the opinion of management.

9.2. Interest on Investments is recognized as and when accrued and due at the end of the period.

9.3. Interest on investment of specific grants, scheme funds are treated as Income.


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10. Stores

10.1. Expenditure in respect of materials, equipment etc. procured is accounted for when the

materials are received and taken in to stock. Raw materials /Consumables and Spares/Service materials are valued on the basis of the last purchase rate of such stock item.

10.2. The quantity and value of inventory is taken, as given / certified by the Store-in-charge of

the respective department.

10.3. Goods received and accepted but for which no bills are received as on the cutoff date is accounted for based on actual receipt of the respective bills.

11. Loans / Borrowings

11.1. Interest on borrowing directly attributable to acquisition or construction of fixed assets up

to date of completion ischarged as Expenses.

11.2. Interest on borrowing is charged to the Income and expenditure account on cash basis.

11.3. Corporation is to sometimes ensure that required finance for constructing the planned

project / scheme is available to the beneficiary from different sources including his own

contribution, GOI assistance, State Government assistance etc. For the social objective, to

help poor and needy people, Corporation obtains or arranges own borrowing on behalf of

the beneficiaries of the scheme/s. The borrowing so raised is shown as liability.

Repayment is treated as reduction in liability. As and when the borrowing on behalf of the

beneficiary is managed from internal sources or borrowings, it is reflected as recoverable

from respective beneficiary and shown under head Loans and advances (Main Fund) in

Schedule B-18 and as and when it is recovered from the beneficiary, it will be set-off

against the recoverable amount.

12. Advances (Tasalmat) 12.1. Advances given by the corporation to employees, contractors, suppliers or any other

persons is accounted as assets and is reduced by repayment received or recovery made towards repayment of such advance.

12.2. Interest on Advances to employees for vehicle loan is treated as a liability in advance fund (Tasalmat) as and when collected and transferred to main fund.

13. Grants

13.1. General Grants of revenue nature such as education Cess, Compensation in lieu of Octroi

Reimbursement Grant and Family welfare grant is recognized on accrual basis based on

government order.


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13.2. Grants received in respect of specific revenue expenditure are recognized as income in the accounting period in which the corresponding revenue expenditure is charged to the Income and Expenditure Account.

13.3. Grants received towards capital expenditure is treated as a liability till such time that the

fixed asset is constructed or acquired. On construction/acquisition of a fixed asset out of the grants so received, the extent of liability corresponding to the value of the asset so constructed/acquired shall stand reduced and the amount is treated as a capital receipt and is transferred from the respective Specific Grant Account to the Capital Contribution.

13.4. Capital Grants received as a nodal agency or as implementing agency for an intended

purpose, which does not, result in creation of assets with ownership rights for the Corporation is treated as a liability till such time it is used for the intended purpose. Upon utilisation for the intended purpose, the extent of liability shall stand reduced with the value of such utilisation and no further treatment, as a capital receipt is made.

14. Prior Period Items

14.1. Prior period Items are income or Expenditure which arise in the current period as a result

of errors or omissions in the preparation of the financial statements of one or more prior years are shown separately.

14.2. Expenditure / Incomes pertaining to the previous year/s are booked in the current year separately under the head “Prior period Items” and disclosed accordingly.

15. Provisions, Contingent Liabilities and Contingent Assets

15.1. Provisions are recognized only when there is a present obligation as a result of past event

and when a reliable estimate of the amount of the obligation can be made.

15.2. Contingent Liabilities are disclosed for (i) Possible obligations which will be confirmed only by the future events not wholly within the control of the Corporation or (ii) Present obligations arising from past events where it is not probable that an outflow of resources will be required to settle the obligation or a reliable estimate of the amount of the obligation cannot be made. Municipal Corporation recognizes Contingent Liabilities in the books of accounts, which are reasonably ascertainable.

15.3.Contingent assets are not recognized in the financial statement.

16. Inter Fund Transactions 16.1 All Inter Fund transfer is recorded on cost basis based on the actual financial transactions. 16.2 At the year-end, the inter-Fund accounts are knocked off / adjusted in the consolidated

accounts of the Corporation.


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Ratio Analysis


32

RATIO ANALYSIS (F.Y. 2018-19)

Sr.

No. Particulars

PART A PART B Ratios Interpretation

(Rs. In Crores)

Income Ratios

1 Tax Revenue to

Total Income Ratio… (%)

378.38

1,174.06

32.23% Tax revenues contribute almost

32.23% revenue of the Municipal Corporation.

2 Property Taxes to

Total Income

Ratio… (%)

355.39

1,174.06

30.27%

The contribution of property tax to total income is under 30.27% and ratio of property tax to total tax revenue is around 93.92%. Property tax constitutes the major source of revenue and this ratio is an indicator

of the contribution of property tax to the total revenue of the Municipal Corporation.

3

Rental Income

from Municipal

Properties to

Total Income

Ratio… (%)

29.03

1,174.06

2.47%

It indicates that the contribution of Rental Income to the total income which is

only 2.47%.

4

Fees, Charges,

Special Act

Income, Interest,

Penalty etc. to

Total Income

Ratio… (%)

199.78

1,174.06

17.02%

It indicates that the contribution of Fees & other user charges to the total

income which is 17.02%.

5

Revenue Grant

Contribution to

Total Income

Ratio… (%)

456.71

1,174.06

38.90%

It indicates that the contribution of Revenue Grant Contrubution to the total

income which is 38.90%.

Expense Ratios

6

Establishment

Expenses to

Total Income

Ratio… (%)

601.22

1,174.06

51.21%

It is on very much higher side. Municipal corporation has to take necessary steps to operate on minimum scale of establisment

cost.

7

Administrative

Expenses to

Total Income

Ratio… (%)

14.57

1,174.06

1.24%

Expense ratio of VMC is within the normal limit.

8

Operations &

Maintenance to

Total Income

Ratio… (%)

163.41

1,174.06

13.92%


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Sr.

No. Particulars

PART A PART B Ratios Interpretation

(Rs. In Crores)

Efficiency Ratios

9

Gross Property

Tax to Gross

Receivables

Ratio… (No. of

Days)

355.39

73.91

76 Days

The average collection period of Property tax dues is around 2.53 months, which is

though good, but Corporation has to improve the speed of collections.

10

Operations &

Maintenance to

Gross Fixed

Assets Ratio…

(%)

163.41

10,404.83

1.57%

Keeping this ratio low is good for the Corporation. But the management has to analyse whether frequent overhauling and maintenance is done to keep the

assets in good condition.

11 Interest Expense

to Loans Ratio…

(%)

13.07

136.77

9.55% Municipal Corporation is having low cost borrowing and has to maintain the same.

Leverage Ratios

12

Loans to

Reserves Ratio

or Debt- Equity

Ratio… (times)

136.77

7,213.13

0.02

Municipal Corporation has a very low debt equity ratio. It shows that majority of the

activity of Corporation is funded by its own funds.

13 Interest Coverage

Ratio… (times) 13.07

(24.92)

-0.52

This ratio is important from lenders point of view. This also point to the

borrowing capacity of Municipal Corporation. The EBIT of Corporation is favourable this year.

Liquidity Ratio

14

Current Assets to

Current

Liabilities Ratio…

(times)

838.85

458.35

1.83

Current ratio of 2 is ideal. Presently it is 1.83. The present Current ratio implies that the management is utilizing its idle assets

effectively


34

Notes to

Financial Statement


35

NOTES TO FINANCIAL STATEMENT

Method of Accounting and its Consolidation

1. Ever since April 1, 2007, Vadodara Municipal Corporation (VMC) has undertaken an exercise

to move to Accrual Base Double entry accounting system in accordance with the general guidelines contained in the National Municipal Accounts Manual (NMAM).

2. The corporation maintains its accounts in the form of various funds as mentioned here under;

a. Main Fund (Revenue Fund ): Revenue fund includes revenue income such as Tax and non-Tax Revenues, revenue grants, fees and user charges and Misc. Income etc., whereas revenue expense includes Establishment, Administrative, Primary education Financial and Operation and Maintenance expense.

b. Revenue Capital Fund :Revenue capital fund includes capital income such as Land sale, Incremental

contribution, Water and Drainage Development Charges and Loan is also considered as capital income while capital expenditure is incurred for development work.

c. Capital Grant/ Government sponsored contributory schemes: Grants received from central government, state government and VMC contribution for various Government sponsored contributory schemes (such as JNNURM, BSUP, RAY, MGY, PMAY, Amrut, MGSMetc) for pre-sanctioned works and expense thereof are booked under this head.

d. Deposit Fund: Various refundable Deposits are received from contractors and general public accounted for under this fund.

e. Advances Fund: Advances (Tasalmat) paid to the employees and various departments are accounted in this fund.

The financial statements of all the funds have been consolidated on line by line basis. Some of the significant features of the preparation of the Financial statements of the financial affairs of the corporation including the certain departures from standard accounting policies on considerations of materiality, limitation of available data etc., the same are mentioned by way of Notes, which are summarized, hereunder.

3. Fixed Assets :

a. Corporation got the Fixed Assets as on 01.04.2007 valued by an independent valuer appointed by them and adopted the market value as the basis for valuation as per the valuation report dated 26.09.2008. Difference between the book value and value recognized as per valuation report is credited to Municipal General Fund.

b. The valuation to the extent is incorporated in the accounts on completion/identification of necessary documentation.

c. The additions to Fixed Assets subsequent to 01.04.2008 have been taken at costs.


36

d. On sale/scrapping/discarding of assets, on sale of such assets are treated as capital receipt. e. Land given under various Central Government & State Government housing scheme where

ownership is not transferred to beneficiaries, considering that there is no control over these lands, VMC has not considered its value in fixed assets.

f. Land, given on 99-year lease by way of auction, (as tabled hereunder) has not been

considered in Fixed Assets, considering that there is no control over these lands.

Sr. No.

Name of Organization

Particulars of Land Area of Land (In Sq.Mts) T.P.

Scheme no.

Final plot no.

1 Ministry of Defense 18 317 793

2

Swaminarayan Temple, Karelibaug

9

88

7760

3 Income Tax, Subhanpura 2 585 5296

4

Swaminarayan Temple, Manjalpur

19

40 and 41

1700

5 Air India 9 1 2000

6 G.A.I.L., Nizampura 12 79 1600

7 Nepture Builder 1 24 2496

8 Dhara Limited 1 24 2200

9 GETCO 22 170 4900

10 GETCO 3 512 2500

11 BalKedavni Trust 5 174 7687

12 Yogi Divine 19 40 11327

13

AdhyatmikVidyamandir

19/2,

Survey no. 35/A

104

14 GAIL 1 549/1 14900

15 V.G.L 9 1 1600

Note: The above land has been given on lease upto 31st March, 2008. As confirmed by the Estate Department, no land has been given on lease subsequent to 1st April, 2009.

4. Depreciation :

a. As per accounting policy, depreciation is provided on opening balance for the full year on a Straight Line method (SLM).

b. As per “National Municipal Accounts Manual” issued by Government of India, Ministry of Urban Development, the Revaluation reserve is reduced by transfer of an amount of Rs. 80.16 Crores being depreciation charged for the year, on the revalued portion of the cost of fixed assets, by crediting the same to the Income and Expenditure Account.

5. Investments- Investments-Other Funds

a. The investments of the Corporation appearing in Schedule – B-13 of the Balance sheet, the balance outstanding at the end of the year is as detailed below:


37

Particulars Date of Incorporation

2018-19 2017-18

No. of Shares

Face Value

per share (Rs.)

Total Investment At cost

No. of Shares

Face Value

per share (Rs.)

Total Investment At cost

Non-Current Investments

Unquoted (At cost) – Non-trade

Investments in Equity Instruments

VADODARA GAS

LIMITED *

U40106GJ2013PLC

076828

13/09-

2013 120121774 10/- 1,20,12,17,740 120121774 10/- 1,20,12,17,740

VADODARA

SMART CITY

DEVELOPMENT

LIMITED **

U93090GJ2017PLC

096591

30/03/

2017 53500000 10/- 53,50,00,000 53500000 10/- 53,50,00,000

VADODARA

RIVERFRONT

DEVELOPMENT

CORPORATION

LIMITED

U92490GJ2016PLC

093399

17/08/

2016 50000 10/- 5,00,000 50000 10/- 5,00,000

Total Investments in Equity Instruments 1736717740 1,736,717,740

Investments in Fixed Deposits

With Various nationalized Banks *** 5,336,932,642 5,295,852,970

FD Interest Receivable 364,378,581 252,334,506

Total Investments in Fixed Deposits (including Accrued Interest thereon)

5,701,311,223 5,548,187,476

Aggregate amount of unquoted Investments 7,438,028,963 7,284,905,216

* Vadodara Municipal Corporation has been issued 12,01,21,774 fully paid up equity shares of ₹10 each at par and ₹2,28,787 in cash and cash equivalents Vadodara Gas Limited in FY 2015-16 against the Purchase consideration for sale of their Gas division. ** During the year, Corporation has acquired 10,00,00,000 equity shares of Rs. 10 each of

“Vadodara Smart city Development Limited” Out of which amount of 53,50,00,000 paid during the

year and balance amount of 46,50,00,000 is still payable as on 31st March 2019.

*** The deposits are not earmarked against the various funds under Schedule B-2. The interest on these deposits is accrued based on the certificates given by the bank for such accrual. Where such certificates are not available, Corporation has a process to calculate the interest accrued as on the last day of the year and the accounting of the interest is done accordingly.


38

6. Stock In Hand (Inventories) :

a. The value that is reflected under this Schedule is based on the figures certified by the various stores and departments entrusted with maintaining the inventory records.

b. The stock lying at the period end is valued at Cost determined on the basis of the last purchase rate of such stock item. Where the last purchase rate of the item is not available, Corporation has taken the value at NIL, despite these assets being in usable condition. The corporation is not providing for the obsolescence of the inventory.

7. Sundry Debtors (Receivables) :

a. Sundry Debtors consists of Gross Amount Outstanding i.e. amount receivable by the Corporation.

The receivables consist of Tax Demand pertaining to Prior period and Current period, Octroi Reimbursement Grant, Rent, other revenue receivable. In case of debtors for Property Tax, 518 tax payers have filed an appeal, which is pending at various stages in the judicial process. These have not been accounted for as Income and therefore the recoverable amount to that extent is not reflected asreceivable/outstanding amount.

b. All Outstanding income/receivables are given as certified by the respective department.

c. Presently VMC is not making any provision for outstanding receivables in respect of the unrealized property taxes. We recommend deriving age break up of tax receivables with regard to property taxes and also recommending the framing and adopting of the prudential norms relating to Provision for demand outstanding in respect of Property Taxes. Based on the policy on provisioning, incomes that have been accrued and are doubtful of recovery are to be provided for appropriately.

8. Cash and Bank Balances : Schedule B-17 to the Balance sheet depicts the Cash on hand and Bank Balances of the Vadodara Municipal Corporation.

a. Balance of Cash on hand as certified by the Corporation is Rs. 1,01,177/-. b. Bank confirmations serve to provide existence in the form of confirming both the balance, the

balance Corporation stating in the General Ledger of its Books of accounts and as appearing in the bank statement. In the absence of the bank balance confirmations in 152 Bank accounts, we are unable to comment upon the amount of cash reported on the balance sheet and the actual balance in the bank account for the same period. Bank reconciliation statement highlights the timing difference between when the Corporation remits payments and when they get cleared in the bank. In the absence of the availability of the detailed bank reconciliation statements in case of 236 bank accounts, we are unable to comment that whether all transactions that cleared the bank account are recorded and reflected the in the books of the accounts appropriately.

9. Tasalmat /Advances and Deposits :

a. Loans and Advances consist of amount given to the employees of the Corporation for various purposes like vehicle loan, food grain, festival advance etc.

b. Various Deposits lying with various Government departments or Agencies are treated as advances.


39

c. Tasalmat balances are very old and the opening balance on 01.04.2007 consists of: Tasalmat given prior to 1.9.1997 where the Tasalmat Account has not been adjusted with the expenditure incurred out of that Tasalmat. In this category, quantification or establishment of any relationship between closing balance of Tasalmat and expenditure against the respective Tasalmat is not possible, which amounts to Rs. .7,41,80,105(Previous YearRs. . 7,41,80,345).

d. Tasalmat to Department given after 1.9.1997 and outstanding as on 31.03.19 is Rs. .52,83,13,100 (Previous YearRs. . 54,82,25,169).

e. Tasalmat given for administrative and repairs-maintenance work is outstanding in the name of respective departments.

f. The adjusting entries received from the departments are being accounted on Cash Basis.

10. Secured Loans :

a. Secured Loans appearing in Schedule - B5 and Unsecured Loans appearing in Schedule - B6 of the Balance sheet which were outstanding as at the end of the year is as detailed below:

b. Permission by Government of Gujarat to avail the loan has been obtained.

c. Loan NHB Bank and HUDCOhave been borrowed on behalf of beneficiaries.

(Rs. In Lakhs) Sr.

No. Loan

Given by

Purpose Sanctioned

Loan Amount Repayment Terms

Interest

Rate

Out

standing 31.3.2019-

/

1 HUDCO 1272 EWS 384 Lakhs 0.37*

2 HUDCO Financial assistance for Gap Funding for Implementation of BSUP Housing

Development and up gradation of Slums (Phase – I) Project funded through JNNURM Govt. of India

Scheme No. 19799

2522.60

Repayable in 38 Quarterly

installments of Rs. 65 lakh each

7.25%

(Floating)

442.60**

3 HUDCO Financial assistance for Gap Funding for Implementation of BSUP Housing

Development and up gradation of Slums (Phase – II) Project funded through JNNURM Govt. of India

Scheme No. 19809

3963.98


installments Rs. 105 lakh each

7.25%

(Floating)

708.98

4 NHB National Housing Bank

(For Vambay Project)

400.00 Repayablein 52 Quarterly

installments Rs. 7.70 lakh each

10.10%

(Floating)

28.92***

5 HUDCO Financial assistance for Construction of Railway over bridge at D Cabin and

Strom Water Drainage (Phase – I) Infrastructure project under JNNURM Sub Mission – I Scheme No. 19884

10000.00


installments Rs. 294.12 lakh each

8.75%

(Floating)

2058.76

6 HUDCO Financial assistance for Construction of Railway over Bridges at Lalbaug, Kalai and dinesh Mill-Jetalpur under JNNURM Sub Mission – I Scheme

No. 19864

4582.40


installmentsRs. 134.78 lakh each

8.75%

(Floating)

943.34

7 HUDCO Financial assistance for Viability Gap Funding for construction of 6096 EWS

Housing Units (Phase – III) under

8941.26


installments

7.25%

(Floating)

****

7120.02


40

BSUP JNNURM Scheme No. 20670

(Disbursement Stage)

9

Govt. of

Gujarat

NSDP loan Phase – III 148 Lakhs 44.40*

10

Govt. of Gujarat

Pur. Equipment Solid Waste Management (Fin Board)

4.35*

11 VMC

(Inter Fund Loan)

Basic Service to Urban Poor (BSUP) Phase – I & II

Internal Fund Loan from Deposit fund for the Beneficiaries of BSUP

2325.00 Recoverable in 120Monthly installments

9% 2325.00

Total 13676.74

* Balance appearing in the books, loan already repaid. ** As per HUDCO statement (Scheme No. 19799), the outstanding amount is Rs. 422.28 Lakhs. *** As per NHB statement, the outstanding amount is Rs. 28.82 Lakhs. **** As per HUDCO statement (Scheme No. 20670), the outstanding amount is Rs. 7119.88 Lakhs. Primary Security

A. Mortgage of Immovable Properties (other than Project Properties) of VMC to the extent of minimum 125% of Loan amount at any point of time.

B. Dedicated revenue sources of VMC towards repayment of Loan along with interest.

11. Provisions Contingent Liabilities & Contingent Assets VMC undergoes number of capital work contracts on a regular basis. Considering the nature and complexity of the contracts, the precise commitment on account of capital contracts cannot be ascertained. However, an exercise has been undertaken to identify the various Contingent Liabilities of the Corporation. The same are shown hereunder. No provision has been made during the year for the following:-

A. Total Claims against Corporation:

Sr. No

Departments Amount

1 Ex Eng. Street Light 2,12,10,477

2 Vehicle Pool 9,17,600

3 Fire & Emergency Services 1,00,52,498

4 Family Planning & Health 3,00,000

5 Drainage Project 52,66,00,000

6 Water Supply 6,69,28,000

7 Ex Eng. North Zone 55,85,124

8 Exe Eng. Road Project 1,76,48,357

9 Exe Eng. Elec. Mech Sewerage 97,62,000

10 Exe Eng. Traffic/Bridge 4,07,99,300

11 Dy Eng. NurmBsup 59,19,000

12 Exe Eng. Building Project 5,38,00,500

TOTAL 75,95,22,856

12. Other Disclosures


41

a. Balances of Sundry Creditors, Sundry debtors (Receivables), Loans and advances and Other Debit

and Credit Balances including suspense accounts are subject to confirmation / reconciliation and

consequent modifications, if any. In the opinion of the Corporation; Current Assets, Loans &

Advances (Including Capital Advances) have a value on realization in the ordinary course of business

at least equal to the amount at which they are stated, Adequate Provisions have been made in the

accounts for all the known liabilities.

b. The municipal Corporation is to undertake a formal exercise to identify the time barred claims with respect to outstanding deposits/credit balance at year end keeping in view special provision under municipal enactments, if any, as well as general law in this regard and cleanup its liability against outstanding deposits to that extent by forfeiting eligible deposits.

c. The Municipal Corporation has to undertake a formal exercise to tally and reconcile the balances of the Deposits received from various contractors etc. with the details / documents maintained by Corporation and as provided by the various department/s.

d. Prepaid Expenses incurred during the year, (a proportion of which may relate to a part of

the succeeding financial year) have not been apportioned over the actual period to which such expenditure relates. This is because of the difficulty in capturing necessary data cost effectively and the consequential difficulty in scientific apportionment of composite expenditure.

e. State Government has enacted Comprehensive General Development Control Regulation (GDCR) 2017, which depicts the comprehensive regulations across the State of Gujarat in respect of development activity of any land under the Gujarat Town Planning and Urban Development Act. The new rules imposed revision in the building permission fees including development charges and fees for Plinth level checking Certificate, completion certificate, Occupation certificate etc. During the year it resulted in an enhancement in income under the head Fees and user charges - Building permission fees to the tune of Rs.98.65 Crores. The same has resulted in to the profit of the municipal corporation to that extent.

f. Previous year's figures have been regrouped / reclassified, wherever necessary.

g. Amounts have been rounded off to zero and shown accordingly.


42

Schedule

to

the

Balance

Sheet


43

SCHEDULE TO BALANCE SHEET Vadodara Municipal Corporation

Schedules to the Balance Sheet as at 31.03.2019

Particulars Amount Balance as at

31.03.2019 Amount

Balance as at 31.03.2018

Schedule B-1 Municipal (General) Fund 56,14,50,52,164 56,94,66,77,721 Main Fund

Municipal Fund/Capital grant Fund 1,00,20,60,472 1,00,20,60,472 Less: Cont. to Capital Grant Fund 31,80,73,730 31,80,73,730 Cont. to Sinking Fund(Deposit) (1,99,94,112) (1,99,94,112) Store Stock Revolving Tasalmat 51,24,763 51,24,763 Municipal Tasalmat Fund 6,60,60,933 6,60,60,933 Cont. to Vehicle Loan Fund 1,58,31,760 1,58,31,760 Cont. to Food Grain Loan Fund 2,50,00,000 2,50,00,000 Cont. to Festival Loan Fund 1,50,00,000 1,50,00,000 Store Revolving Purchase Fund (2,99,560) (2,99,560) Store Stock(Pipes) (Revolving Fund) 2,98,73,988 2,98,73,988 Store Stock for D I Pipes 3,00,00,000 3,00,00,000 Cont to Revenue Capital Fund 5,16,11,70,337 5,16,11,70,337 Less Total Inter Fund 5,64,58,41,839 5,64,58,41,839 Total Municipal Fund (4,64,37,81,367)

(4,64,37,81,367)

Add :- Income of R.C.B 3,82,60,23,051 3,82,60,23,051 Store Rev.Pur.Fund A/c 92,40,653 92,40,653 Surplus from Gas project 7,45,00,000 7,45,00,000 Capital Grant ( Fixed Assets) 54,89,76,543 54,89,76,543 Land Revolving Fund (8,08,04,900) (8,08,04,900) Accumulated Reserve (1,530,599,954) (1,530,599,954) From VMC Central account 1,07,99,035 1,07,99,035 Reserve on Valuation on Fixed Assets 57,93,06,99,103

58,73,23,24,660

Revenue Capital Fund 8,03,65,02,914 7,53,34,93,828 Accumulated Reserve 6,47,79,14,302 5,974,905,216 Capital Grant Fund 60,90,000 60,90,000 Revenue Surplus Tran.to Cap.Budget 3,05,91,16,134 3,05,91,16,134 Land Revolving Fund (9,34,67,831) (9,34,67,831) Reserve on Valuation on Fixed Assets (1,41,31,49,691) (1,41,31,49,691)

Advance Fund 17,87,54,520 17,87,54,520 Store Rev.Pur.Fund A/c 4,79,132 4,79,132 B.M.C. Tasalmat Fund 5,00,00,000 5,00,00,000 Festival Loan Revolving Fund 1,50,00,000 1,50,00,000 Food Grain Revolving Fund 2,50,00,000 2,50,00,000 RCC Pipe Store Rev. Fund 50,00,000 50,00,000 Receipt Against Earlier Stock (Store) 24,43,628 24,43,628 Store Revolving Tasalmat Fund 50,00,000 50,00,000 Store Stock (C.I. Pipes)Revolving Fund 3,00,00,000 3,00,00,000 Store Stock (D.I.Pipes) Revolving Fund 3,00,00,000 3,00,00,000 Vehicle Loan Revolving Fund 1,58,31,760 1,58,31,760 J.N.N.U.R.M

(2,17,56,600) (2,17,56,600)

Reserve on Valuation on Fixed Assets (J.N.N.U.R.M.)

(2,17,56,600)

(2,17,56,600)

B- 1 Schedule Total

64,33,85,52,998

64,63,71,69,469


44


31.03.2019 Amount


Schedule B-2 Earmarked Fund

Deposit Fund 6,000 6,000 Loan of 2011 (380 Lacs) 6,000

6,000

Deposit 63,57,61,755 44,79,19,338 L.T.C. Payment Deposit 5,83,268 5,83,268 Adm.Charge Deposit (Misc.) 25,79,813 23,87,493 Flood Relief Grant Depo. 30,11,815 30,11,815 Gen.Tax Refund Revolving Fund 14,16,457 65,47,979 Model Rd.Petro.-VIP-Wagho.Rd 39,11,987 39,11,987 Octroi Refund Revolving Fund 45,84,855 45,84,855 Plantation Deposit 61,92,39,103 42,64,57,484 Zoological Park Ajwa 4,34,457 4,34,457

B- 2 Schedule Total 63,57,67,755 44,79,25,338


31.03.2019 Amount


Schedule B-3 Reserves Main Fund 34,58,65,08,535 29,22,60,75,374 Cap.Contri.EWSHouse.Allot. 1,88,24,180 1,88,24,180 Cap.Contri.EWSHouse.Allot.Ph.II 2,61,01,625 2,61,01,625 Gov.Subsidy&Allotees Cont. 46,50,000 46,50,000 Capital Reserve 86,41,65,238 86,41,65,238 Surplus from I&E Account 9,78,64,31,030 9,34,69,31,733 Subsidy - Vambay (Govt.) 25,00,000 25,00,000 Development fund 4,77,45,275 4,77,45,275 Incidental fund 3,65,00,000 3,65,00,000 General reserve fund 2,13,05,570 2,13,05,570 Prior period income/surplus 41,94,64,143 41,94,64,143 Tourist Department Bank A/c 18,62,989 18,62,989 Housing Building Department Bank A/c 4,30,153 4,30,153 RCB / Main Fund 4,81,21,83,922 3,46,71,51,036 contri to Deposit Fund/contri. To Municipal Main Fund

71,12,18,663 70,12,30,517

JNNURM Project / Inter fund Main Fund (Payable to Main Fund)

14,68,90,259 (10,71,69,741)

Grant Fund / Main Fund 19,32,65,12,665 15,07,09,33,414 Vambay Loan Fund (50,00,000) (50,00,000) Main Fund / Advance Fund (60,86,79,254) (61,65,50,758) Receivable Payable Deposit Fund (15,86,55,163) - Receivable/Payable Jnnurm Fund (25,78,34,439) - Receivable / Payable RCB fund (67,33,50,385) - Inter A/c Advance Fund / Grant Fund (4,82,90,326) - Inter A/c Advance Fund / RCB/Receivable Payable Advance Fund

(1,34,67,610) -

Receivable/Payable MGY fund 20,00,00,000 - RAY Grant Fund (7,50,00,000) (7,50,00,000) Revenue Capital Fund (7,51,25,59,570) (6,78,90,16,518) Surplus from I&E Account (3,99,91,67,094) (3,65,26,44,987) RCB / Main Fund (4,81,29,21,446) (3,46,71,51,036) Payable to RCB / Receivable form Deposit Fund 6,750 56,75,06,750 Vambay Loan Fund 50,00,000 50,00,000 Main Fund / Advance Fund 67,40,87,909 - Receivable/Payable Fin.Comm. Fund 5,88,26,847 - Receivable/Payable Jnnurm Fund 4,71,00,000 - Receivable/Payable BSUP Fund (30,00,000) - Inter A/c Advance Fund / Grant Fund 34,10,45,097 - Receivable Payable Deposit Fund 48,67,89,612 - Receivable from RCB/Payable to JNNURM Fund

- 6,86,00,000


45

Receivable from RCB/Payable to Grant Fund (35,40,54,900) (35,40,54,900) Inter A/c Advance Fund / RCB 4,37,27,655 4,37,27,655 Capital Grant Fund

(19,02,95,59,569) (14,53,40,60,760)

Surplus from I&E Account (3,74,72,884) (3,74,72,884) Mp/Mla Revolving Fund (39,102) (39,102) Receivable from Grant/Payable to main fund (19,92,75,44,198) (15,07,47,73,632) Receivable from Capital Grant/ JNNURM Fund 10,83,02,900 10,83,02,900 Payable to BSUP (1,00,00,000) (1,00,00,000) Receivable from RCB/Payable to Grant Fund 26,78,10,480 26,78,10,480 Main Fund / Advance Fund 64,89,66,363 - Inter a/c Finance comm 2,24,00,000 22,400,000 Inter A/C General Grant Fund (5,39,00,000) (5,39,00,000) Inter Fund Mla a/c 2,00,00,000 2,00,00,000 Receivable / Payable RCB fund (25,29,14,099) 3,87,80,507 RAY Grant Fund 7,50,00,000 7,50,00,000 inter A/c deposit /Payable Grant Fund 10,98,30,971 10,98,30,971 Deposit Fund (1,42,17,21,395) (1,45,68,43,491) Surplus from I&E Account 2,57,25,781 2,57,25,781 Contri.to Deposit Fund/contri. To Municipal Main Fund

(3,99,45,001) (3,99,45,001)

Public Deposit Fund / Muni. Main Fund (94,25,57,340) (94,25,57,340) Payable to RCB / Receivable form Deposit Fund (5,25,06,750) (56,75,06,750) Municipal Advance Fund/ Public Deposit Fund (9,10,00,000) (9,10,00,000) Receivable from Deposit/Payable to main fund 31,74,70,072 30,59,56,928 Receivable / Payable RAY fund (10,00,00,000) Receivable / Payable MAIN FUND/DEPOSIT FUND

12,36,08,952

Receivable / Payable RCB fund (51,50,00,000) inter A/c deposit /Payable Grant Fund (10,98,30,971) (10,98,30,971) inter A/c deposit / JNNURM Fund (3,76,86,138) (3,76,86,138)

Advances Fund

69,34,19,487

676,374,029

Surplus from I&E Account (3,32,790) (3,32,790) Municipal Advance Fund/ Public Deposit Fund 9,10,00,000 9,10,00,000 Main Fund / Advance Fund 64,56,21,390 62,94,34,474 Inter A/c Advance Fund / Grant Fund 8,58,542 - Inter A/c Advance Fund / RCB (4,37,27,655) (4,37,27,655)

J.N.N.U.R.M (15,91,13,458) (18,94,66,589) Surplus from I&E Account (25,74,40,876) (24,05,19,568) JNNURM Project / Inter fund Main Fund (Payable to Main Fund)

(14,68,90,259) 10,71,69,741

Payable to RCB / Receivable form Deposit Fund - - Receivable from Capital Grant/ JNNURM Fund (8,88,02,900) (9,83,02,900) Main Fund / Advance Fund 26,73,34,439 - Receivable / Payable RCB fund 2,45,00,000 - Receivable from RCB/Payable to JNNURM Fund

45,00,000 45,00,000

inter A/c deposit / JNNURM Fund 3,76,86,138 3,76,86,138

B- 3 Schedule-Total 7,15,69,74,029 6,93,30,62,045

Particulars Amount Balance as at 31.03.2019

Amount Balance as at 31.03.2018

Schedule B-4 Grants, Contributions for Specific Purposes Capital Grant Fund 26,89,63,03,076 23,51,93,66,928 CAPITAL GRANT 2,70,06,08,259 3,21,56,28,097 COMITTED GRANT 2,16,26,38,299 1,14,23,31,743 Revenue Capital Fund 22,00,61,29,467 19,16,10,38,379 Financial Comm. Grant FD Interest 3,68,709 3,68,709 VMC contribution 11

th Finance 5,57,474 -


46

VMC contribution Swarnim-1 1,95,57,733 - VMC contribution Road Repairing 47,62,522 - VMC contribution Road Strengthing and expanding

16,80,613 -

J.N.N.U.R.M 16,40,58,62,115 16,42,49,40,422 B.S.U.P.Project(8861.00) G.O.I.(B.S.U.P.)(4217.17) 33,96,34,000 33,96,34,000 State Govt. (BSUP 1686.86) 13,58,54,000 13,58,54,000 Beneficiary Contri. Bsup 31,86,99,700 31,85,70,120 Sewerage Project(10514.93) G.O.I.(Sewerage)(5257.47) 52,57,47,000 52,57,47,000 State Govt. (Sewerage) (2102.98) 21,02,84,000 21,02,84,000 Solid Waste Management(3098.54) G.O.I.(SolidwasteManagement)(1556.79) 15,49,27,000 15,49,27,000 State Govt. (SolidwasteManagement)(622.72) 6,19,75,700 6,19,75,700 Storm Project(14594.56) G.O.I.(StormWater)(7297.28) 72,97,28,000 72,97,28,000 State Govt. (StormWater)(2918.91) 29,18,92,000 29,18,92,000 AjwaPratappuraSarovar (2869.72) G.O.I (PratapSarovar) 1434.86 12,33,99,000 12,33,99,000 State Govt. (PratapSarovar) 6,31,32,000 6,31,32,000 B.S.U.P.Project Phase II (11477.79) G.O.I.(B.S.U.P.Phase II)(5571.75) 55,71,75,800 55,71,75,800 State Govt. (B.S.U.P II) 2228.70 22,28,70,800 22,28,70,800 Beneficiary Contri. Bsup Phase II 6,66,80,063 8,58,87,950 G.O.I (B.S.U.P IV)4415.37 44,15,36,000 44,15,36,000 State Govt.(B.S.U.P IV)1766.15 18,65,27,000 18,65,27,000 VMC Contri.(BSUP IV)1688.74 10,36,64,000 10,36,64,000 Benificiary Contribution BsupPh IV 1,84,61,799 1,84,61,799 B.S.U.P.Project Phase V(8787.05) G.O.I (B.S.U.P V)4121.21 41,21,20,000 41,21,20,000 State Govt.(B.S.U.P V)1648.48 17,62,33,000 17,62,33,000 VMC Contri.(BSUP V)1681.48 9,69,65,000 9,69,65,000 Beneficiary Contri. Bsup V 42,70,207 42,70,207 G.O.I (Aanganwadi&Comp.Wall)(63.77) 63,77,000 63,77,000 State Govt.(Aanganwadi&Comp.Wall)(25.51) 25,49,000 25,49,000 VMC Contri. (Aanganwadi&Comp.Wall)(42.09) 54,75,000

54,75,000

R.O.B (Lalbaug) Proj. (4570) G.O.I (R.O.B Lalbaug) 2285 22,85,00,000 22,85,00,000 Sate Govt. (ROB Lalbaug) 914 9,14,00,000 9,14,00,000 Railway Contri. For ROB Lalbaug 2,00,84,835 2,00,84,835 R.O.B.(Dinesh Mill)Proj.1968 G.O.I (Dineshmill) (984) 9,84,00,000 9,84,00,000 State Govt. (Dineshmill) (393.60) 3,93,60,000 3,93,60,000 R.O.B (Kalali) Proj. (4435) G.O.I (R.O.B Kalali) 2217.55 19,95,79,000 19,95,79,000 Sate Govt. (ROB Kalali) 2217.55 8,87,01,000 8,87,01,000 R.O.B.(Navayard)Proj.(1396) G.O.I (Navayard) (698) 6,98,00,000 6,98,00,000 State Govt. (Navayard) (279.20) 2,79,20,000 2,79,20,000 Sewerage Project Phase II (6055.74) G.O.I (Sewerage II)3027.87 30,27,86,000 30,27,86,000 State Govt. (Sewerage II) 1211.15 12,11,15,700 12,11,15,700 Water Supply Proj. Phase II(3839) G.O.I (W/s Phase II ) 1919.50 18,51,55,000 18,51,55,000 State Govt. (W/s Phase II ) 767.80 7,37,60,000 7,37,60,000 Strom water drain II (10444.18) G.O.G. Strom water Drain (2088.84) 19,86,38,000 19,86,38,000 G.O.I Strom Water Drain (5222.90) 38,70,28,000 38,70,28,000 G.O.I. Strom water Drain II (5222.90) 13,05,53,000 13,05,53,000 G O I (BSUP iii) 7482.90 74,82,88,000 74,82,88,000 State Govt. (Bsup III ) 2993.16 30,35,60,000 30,35,60,000 Benificiary Contribution BsupPh III 1,40,11,060 1,40,11,060 Benificery BSUP III(2507.50) 64,00,80,000 64,00,80,000 G.O.I. Sup dpr for w/s (605.50) 2,42,19,000 2,42,19,000 State Govt (sup. Dpr for w/s )242.20 1,63,51,000 1,63,51,000


47

Project Impl. Unit 19,74,920 19,74,920 Water supply (24x7)6345.70

GOG Water supply (24x7) 1269.14 13,71,60,000 13,71,60,000 GOI Water supply (24x7) 3172.85 23,79,63,000 23,79,63,000 G.O.I.(W/S)(2052.44) 20,52,52,000 20,52,52,000 G.O.G (W/S)(820.98) 8,20,98,400 8,20,98,400 USHA Project

8,98,385 8,98,385

VMC CONTRI. U S H AProjcet 9,33,000 9,33,000 VmcContri. (U S H A Project) 46,00,000 46,00,000 VMC Contri.(B.S.U.P)(1362.08) 13,72,92,000 13,72,92,000 VMC Contri.(Dineshmill)(590.40) 9,76,40,000 9,76,40,000 VMC Contri.(Navayard)(418.80) 6,68,89,000 6,68,89,000 VMC Contri.(Sewerage)(3154.48) 68,04,27,000 68,04,27,000 VMC Contri.(Solid Waste)(934.07) 8,91,07,000 8,91,07,000 VMC Contri.(Storm Water)(4378.37) 1,27,51,90,000 1,27,51,90,000 VMC Contri.(W/S)(1231.46) 27,68,86,000 27,68,86,000 Sate Govt. (ROB Lalbaug) 914 19,31,93,000 19,31,93,000 G.O.I (Augmentation of water supply 6192.66) 55,73,39,000 55,73,39,000 Sate Govt.(Augmentation of water supply 3715.60)

24,77,07,000 24,77,07,000

VMC Contri.(Augmentation of water supply 2477.06)

35,18,59,000 35,18,59,000

VMC contribution for AdmnExps 24,81,47,000 24,81,47,000 VMC contribution for Consultancy Exps 34,76,54,000 34,76,54,000 Vmccontri (strom water II) 16789.88 21,00,25,000 21,00,25,000 Vmccontri (Pratapsarovar ) 860.92 8,87,09,000 8,87,09,000 Vmccontri (B.S.U.P II) 1826.90 17,58,89,500 17,58,89,500 VMC Contri.(BSUP III)2540.46 24,60,44,000 24,60,44,000 VmcContri (Kalali ROB) 1330.50 25,83,71,500 25,83,71,500 VmcContri (sewerage II) 1816.72 14,95,72,000 14,95,72,000 VmcContri. (W/s Phase II) 1151.70 11,75,39,500 11,75,39,500 VmcContri. Water supply 24x7 1903.71 53,15,91,000 53,15,91,000 VmcContri.supp. Dpr for W/s (1211.56) 18,48,56,000 18,48,56,000 Interest on S B a/c 1,06,88,246 1,06,88,246 VMC Contribution (7,31,00,000) (7,31,00,000)

B- 4 Schedule-Total 43,30,21,65,191

39,94,43,07,350


31.03.2019 Amount


Schedule B-5 Secured Loans Main Fund

Loans from Govt. Bodies & Associations (HUDCO Loan Housing)

11,51,95,425 18,31,95,425

Loan of 1272EWS 384 Lacs 37,425 37,425 Hudco Loan Phase-I 4,42,60,000 7,02,60,000 Hudco Loan Phase-II 7,08,98,000 11,28,98,000

Loans from banks & other Financial Institutions

1,01,51,03,978

1,25,75,06,000

Loan from National Housing Bank 648.90 lacs(Vambay)

28,91,978 75,02,000

Infrastructure Loan (100 crore) 20,58,76,000 32,35,24,000 Infrastructure Loan (45 crore) 9,43,34,000 14,82,46,000

HUDCO LOAN ( BSUP PH -III) (89.41) 25.40 Vmc& 64.8

71,20,02,000 77,82,34,000

B- 5 Schedule-Total 1,13,02,99,403 1,44,07,01,425


48


31.03.2019 Amount


Schedule B-6 Unsecured Loans Main Fund

Loans from State Government 23,73,75,427 23,73,75,427 N.S.D.P Loan Phase III 148 Lacs 44,39,967 44,39,967 Purchase of Equip. Solid Waste Management (Financial Board)

4,35,460 4,35,460

Loan From Deposit Fund for BSUP-I) 23,25,00,000 23,25,00,000

B- 6 Schedule-Total 23,73,75,427 23,73,75,427


31.03.2019 Amount


Schedule B-7 Deposits Received Main Fund 54,91,877 61,41,390 From Contractors

5% Security Depo. 4,46,553 3,12,499 3% Security Depo. 22,96,800 21,14,745 2% Earnest Money Depo. 17,06,290 2,36,501 15% Vmss&Gepil Post Closure Performance A\c

3,99,550 11,00,403

Deposit(Deduction From Bills) 6,42,684 23,77,242

Revenue Capital Fund 27,85,673 1,56,83,950 From Contractors

5% Security Depo. 6,26,921 52,67,349 2% Earnest Money Depo. 72,880 5,15,980 3% Security Depo. 20,85,872 99,00,621

Capital Grant Fund 68,44,157 1,38,09,818 From Contractors

Retension Money Depto. 4,99,033 33,67,141 5% Security Depo. 21,90,487 51,06,723 2% Earnest Money Depo. 5,80,561 5,47,541 3% Security Depo. 35,74,076 47,88,413

Deposit Fund 2,05,08,30,395 1,65,42,75,435 From Contractors 33,68,96,318 27,76,66,003 From Wards 1,42,32,42,595 1,18,49,84,758 From Others 29,06,91,482 19,16,24,674

Advances Fund 5,14,626 5,14,626 From Contractors

2% Earnest Money Depo. 4,000 4,000 3% Security Depo. 4,45,802 4,45,802 Deposit(Deduction From Bills) 64,824 64,824

J.N.N.U.R.M

2,55,19,758 2,54,52,518

From Contractors

Misce. Depo. 1,46,10,000 1,46,10,000 5% Security Depo. 41,68,698 76,36,182 3% Security Depo. - 9,83,388 Deposit(Deduction From Bills) 67,41,060 22,22,948

B- 7 Schedule-Total

2,09,19,86,486

1,71,58,77,737


49



Schedule B-8

Deposit Fund

4,12,06,563 3,25,98,495

Depo.From ONGC for Link Rd. 25,54,024 25,54,024 Deposit for CNG Gas Pipe Line 64,12,864 64,12,864 Fire Brigade Deposit 67,26,896 65,34,131 Water Line Deposit 2,55,12,779

1,70,97,476

B- 8 Schedule-Total 4,12,06,563 3,25,98,495



Schedule B-9

Other Liabilities (Sundry Creditors) Main Fund

49,94,79,615 85,95,22,892

Current Liabilities

Creditors 4,17,24,165 4,17,24,165 Contractor 14,11,08,437 15,39,96,288 Supplier 2,14,02,213 2,41,63,510 Vadodara Gas Limited 2,05,12,522 3,97,91,142 Misc.Creditor 79,31,533 6,81,89,578 Suspense account 5,39,314 5,39,314 Refundable Deposit (Tourist Dept.) 47,96,284 47,96,284 Refundable Deposit ( Housing Building) 53,54,130 53,54,130 Adj.tasalmat After 1-9-97 3,30,53,251 3,57,35,180 SBI E.S.I.C. A/C VADODARA (SECURITY) 2,856 2,856 SBI E.P.F A/C NO. GJ/SRT.24224 (SECURITY) 9,949 9,949 SERVICE TAX VADODARA-2 (SECURITY) 11,714 11,714 Income Tax (s) 4,04,559 2,84,569 House Loan Ded. From Salary 3,62,895 3,62,535 Govt.Cess on Construction 1,73,146 1,61,416 P.F. Deduction 72,732 36,464 Credit Society Deduction 15,550 12,61,297 Pensioner DA diff Payable 10,07,893 10,07,893 Pensioner DA diff Payable 101,303,984 86,825,242 Daily Wages P.F 70,30,255 35,57,125 Employer's Contribution 1,02,31,625 29,54,566 Salary Payable (Cash) 4,18,413 2,12,310 C.T.D.Deduction 8,280 6,180 Festival Loan- Deduction 17,89,470 17,99,870 Oil & Sugar Loan (PF) 12,000 12,000 FLGD Deduction 27 27 TBSKP Deduction 7,923 2,919 C P F CONTRI 82,915 15,83,368 C P F Employer cont 1,31,549 16,74,449 Food Grain Loan-Deduction 47,72,633 48,70,233 L.I.C. 2,375 2,375 Employee Fine 30,03,186 29,98,086 Govt.soc deduction 3,73,879 3,73,879 Group Vima Deduction 11,256 11,245 MrutyuNidhi Fund 6,944 6,944 Vehicle Loan Deduction 7,62,494 4,42,065 HDFC LOAN DEDUCTION 14,84,770 14,84,770 Professional Tax 38,43,332 34,21,893 Other Deduction (salary) 2,43,815 2,83,180 Education cess 3,45,37,393 33,72,31,282 TDS Advertisement 54,812 31,136 TDS Vehicle - 767 TDS Contractor 29,12,746 39,28,056 TDS Professional 2,78,264 9,62,255 Gujarat Sales Tax - (156) V.A.T 15,440 15,440 Land Revolving Fund 1,43,32,614 1,43,32,614 GRANT TDS (94C) CONT & ADV 44,29,260 4,62,441 GRANT TDS (94J) PROFESSIONAL 6,42,561 1,85,665


50

MAIN TDS (94C) CONT & ADV 8,39,085 2,13,940 MAIN TDS (94J) PROFESSIONAL 2,53,715 30,000 RCB TDS (94C) CONT & ADV 1,76,918 4,65,324 C P F 2 ( Sallary Diff ) (7,278) (15,386) M.Y.G.N Employer cont. 11,158 11,158 C P F Employercont 2 (14,164) (22,272) Relief Fund 1,06,49,970 1,06,49,970 CGST 6% - 1,14,010 SGST 6% - 4,60,713 CGST 9% - (58,791) SGST 9% - (58,791) CGST 2.5%Reverse Charges 3,161 4,411 SGST 2.5%Reverse Charges 3,161 4,411 CGST 9%Reverse Charges 57,289 2,45,326 SGST 9%Reverse Charges 57,289 2,45,326 Election Deposit 1,760 1,760 CENSUS CONT. 991 991 TDS PAYABLE 1,22,72,123 - ADVANCE 94C 5,039 - DEPOSIT 94C 24,963 - RCB 94 J 2,947 - GLWB 596 - GST Ward 1(A) 77,869 - GST Ward 2(B) 8,513 - GST Ward 3(C) 58,339 - GST Ward 4(D) 3,70,459 - GST Ward 5(E) 72,107 - GST Ward 6(F) 79,121 - GST Ward 7(G) 82,204 - GST Ward 8(H) 44,358 - GST Ward 9(I) 4,290 - GST Ward 10(J) 22,883 - GST Ward 11(K) 2,925 - GST Ward 12(L) 912 - GST Market Branch 29,900 - GST Land & Estate 8,87,576 - GST Tourist Dept 5,92,720 - Other GST 27,531 - Input Tax Credit (GST) 7,474 - 1% GST TDS (SGST) 7,39,535 - 2% GST TDS (IGST) 89,031 - 1% GST TDS (CGST) 7,35,787 - SBI Loan Deduction - 1,30,282 Revenue Capital Fund

44,57,26,457 69,60,77,855

Creditors 31,22,01,058 33,27,57,521 Contractor 3,04,49,611 22,31,43,184 Supplier 1,86,19,117 1,80,55,173 Misc.Creditor 4,03,42,169 6,50,54,234 Deposit Deducted From Bills (11,48,718) (3,57,592) Misc. Income Tr. To Main Fund 34,70,690 41,10,523 Suspense account 1,44,30,144 1,44,30,144 Water Fee Con. 67,272 1,34,333 Contractor Fine 40,033 6,00,746 Automatic Switching Crediotrs - 45,194 Adj.tasalmat After 1-9-97 2,43,54,604 2,96,43,087 Octroidedu.from bill - (10) Night Shelter 8,84,529 8,84,529 TDS Professional (46,802) 1,20,992 TDS Contractor 13,43,405 45,51,322 Govt.Cess on Construction 1,08,353 27,12,868 V.A.T 2,67,223 3,68,244 CGST 6% - (2,00,514) SGST 6% - 2,24,817 Ele.Bill (7,46,761) (2,00,940) 1% GST TDS (SGST) 5,45,265 - 1% GST TDS (CGST) 5,45,265 -


51

Capital Grant Fund

45,18,57,803

79,94,36,800

Creditors 11,80,14,685 12,20,45,121 Office Building Creditors 7,15,746 2,54,373 Lake/pond/well/talav Creditors 55,82,109 5,46,75,903 Mgy Housing Creditors 4,53,30,315 25,30,09,126 Streetlight Creditors 1,21,42,263 11,14,28,485 Subsidy Exp Creditors - 1,26,133 Strom Water Drainage Creditors 2,35,264 1,90,25,188 Contractor 13,85,08,481 22,17,73,924 Supplier 3,56,874

4,21,539

Misc.Creditor 9,31,00,557 6,42,72,743 MLA DUE GRANT 10% PAYMENT 1,34,098 1,34,098 Deposit Deducted From Bills 49,01,252 47,72,613 Misc. Income Tr. To Main Fund - (3,98,941) Suspense account 40,15,283 40,15,283 Water Fee Con. 2,58,282 2,60,448 Contractor Fine 48,70,805 52,04,068 Interest on S.B. A/c payable to main fund 35,31,142 35,31,142 Int on Fd (General Grant) 68,11,071 68,11,071 Adj.tasalmat After 1-9-97 48,42,449 71,60,426 P.F. Deduction 2,430 2,430 Credit Society Deduction 4,600 4,600 Food Grain Loan-Deduction 250 250 Salary Payable Cash 53 53 Salary Payable cheque 58,533 10,47,251 Professional Tax 92 8,792 Other Deduction (salary) 150 150 TDS Contractor 14,11,920 27,05,791 TDS Professional 9,26,732 13,57,227 Govt.Cess on Construction 41,00,029 66,27,283 V.A.T 3,63,056 4,60,236 1% GST TDS (SGST) 8,17,644 - 2% GST TDS (IGST) 3,994 - 1% GST TDS (CGST) 8,17,644 - Compound Wall for All Type of Building Credit - 86,99,994 Deposit Fund 7,43,39,080 1,97,36,534 Current Liabilities

Misc. Income Tr. To Main Fund 6,31,276 (82,58,995) Contractor Fine 6,92,175 6,92,175 Deposit(Tourist Dept) 15,20,000 15,20,000 Adj.tasalmat After 1-9-97 - (69,30,000) Adm. Charge (Ward 1) 16,24,528 14,12,778 Adm. Charge (Ward 10) 55,93,845 33,37,410 Adm. Charge (Ward 2) 41,51,471 31,09,731 Adm. Charge (Ward 3) 14,48,695 10,13,883 Adm. Charge (Ward 4) 71,01,331 59,07,898 Adm. Charge (Ward 5) 23,90,701 18,20,983 Adm. Charge (Ward 6) 55,48,729 33,92,039 Adm. Charge (Ward 7) 36,99,807 21,49,214 Adm. Charge (Ward 8) 74,73,483 51,47,683 Adm. Charge (Ward 9) 39,33,313 26,72,554 Adm. Charge (Ward 13) 5,62,315 3,94,915 Education cess 763 27,00,763 Professional Taxes 45,846 40,486 Service Tax Ward 11(L) 2,837 2,837 Marriage Regs.Fees 18,80,011 17,11,801 GST/ST Ward 1(A) 5,921 91,217 GST/ST Ward 2(B) 4,996 23,567 GST/ST Ward 3 ( C) 6,005 31,293 GST/ST Ward 4(D) 21,232 72,474 GST/ST Ward 5(E) 35,634 86,422 GST/ST Ward 6(F) 4,550 1,45,864 GST/ST Ward 7(G) 51,822 1,32,778 GST/ST Ward 8(H) 2,323 1,81,614 GST/ST Ward 9(I) (6,057) (1,880) GST/ST Ward 10 (J) 61,319 1,06,889


52

GST/ST Ward 11 (L) 2,635 66,698 GST/ST Ward 12 (M) 10,325 21,834 GST/ST Market Branch 3,512 21,972 GST/ST Land & Estate 4,60,355 12,99,774 GST/ST Tourist Dept 2,49,000 6,62,510 Election Deposit 10,71,747 1,15,94,334 TDS Recovery from Bank (Deposit) - (2,42,263) TDS Contractor 1,25,055 1,25,055 Govt.Cess on Construction 1,45,98,578 1,00,87,502 Govt.Services Charges 1,29,721 1,29,721 Govt.GST/ST (3,657) 59,842 Tax Collection at Source 1,65,516 65,945 V.A.T 1,89,827 1,89,827 Land Revolving Fund 55,17,306 55,25,106 Input Tax Credit (GST) 3,96,713 CPF Bank Interest 29,33,576 (6,08,30,744) Payable Cheque - 2,82,51,028 Advances Fund 1,42,69,217 1,45,99,136 Current Liabilities

Suspense account 81,71,057 81,71,057 Interest on Vehicle Loan 6,39,057 - Store Stock Tasalmat 48,71,558 58,40,534 RCC Pipe Rev.Fund 5,39,722 5,39,722 TDS Contractor 47,823 47,823 J.N.N.U.R.M 18,42,81,001 15,70,50,932 Current Liabilities

Creditors 8,99,98,282 2,76,56,745 Contractor 3,67,33,604 3,94,37,397 Misc.Creditor 2,83,41,219 5,10,66,171 Advance from Bill 1,12,151 1,12,151 Misc. Income Tr. To Main Fund 77,17,229 25,82,829 Suspense account 98,24,828 98,24,828 Water Fee Con. 16,980 16,980 Contractor Fine 75,81,471 88,93,479 Payable Cheque 19,54,049 20,21,778 Professional Tax 76,299 68,299 TDS Advertisement 7,838 7,838 TDS Contractor 6,13,403 6,93,712 TDS Professional 5,64,049 1,20,216 Govt.Cess on Construction 3,60,913 15,35,092 V.A.T 1,67,855 1,67,855 FLGD Deduction - 12 Relief Fund 12,642 11,513 Income Tax (s) 16,420 15,460 1% GST TDS (SGST) 89,815 - 1% GST TDS (CGST) 89,815 - L.I.C. 2,139 713 Group Vima Deduction - 713 Loan From Deposit Fund for BSUP-I) - 1,28,17,151

B- 9 Schedule-Total

1,66,99,53,173

2,546,424,149



Schedule B-10

Provisions Main Fund 56,55,18,514 56,92,54,082 Salary Payable 27,23,13,437 24,14,96,965 Pension payable 15,98,88,334 7,67,15,325 Outstanding Exp 13,33,16,743

25,10,41,792

Revenue Capital Fund - - Outstanding Exp -

-

Capital Grant Fund 21,48,27,328 11,65,73,694 Outstanding Exp 21,48,27,328

11,65,73,694

J.N.N.U.R.M 22,031 11,99,258 Outstanding Exp 22,031

11,99,258

B- 10 Schedule-Total

78,03,67,873

687,027,033

SCHEDULE - B11 : FIXED ASSETS AND DEPRECIATION

VADODARA MUNICIPAL CORPORATION

Schedules to the Balance Sheet as at 31.03.2019

Asset Type

GROSS BLOCK DEPRECIATION NET BLOCK

Opening 1.4.2018

Addition Deduction Closing

31.3.2019 Opening 1.4.2018

Depreciation for the Year

Deduction

Closing 31.3.2019

Bal as on 31.03.2019

Bal as on 31.03.2018

Land / Plot 28,50,73,21,673

5,18,73,500

-

28,55,91,95,173

-

-

-

-

28,55,91,95,173

28,50,73,21,673

Building 35,98,23,60,667

37,45,85,556

-

36,35,69,46,223

6,19,58,04,724

59,61,29,529 -

6,79,19,34,253

29,56,50,11,970

29,78,65,55,943

Plant , Machinery, Equipments

38,75,68,654

16,18,700

-

38,91,87,354

8,07,37,670

1,84,09,511 -

9,91,47,181

29,00,40,173

30,68,30,984

Motor Vehicles &Tr.Equ

12,38,80,088

68,95,539

-

13,07,75,627

6,24,93,862

1,17,68,608 -

7,42,62,470

5,65,13,157

6,13,86,226

Office Equipments 21,05,725

1,70,872

-

22,76,597

3,74,903

1,33,292 -

5,08,195

17,68,402

17,30,822

Computers 17,78,93,564

53,21,524

-

18,32,15,088

14,74,10,135

2,15,82,835 -

16,89,92,970

1,42,22,118

3,04,83,429

Entertainment Infrastructure

2,44,39,610

1,74,27,517

-

4,18,67,127

26,17,816

11,60,882 -

37,78,698

3,80,88,429

2,18,21,794

Public Works 18,64,56,16,329

2,68,41,86,301

-

21,32,98,02,630

3,54,61,81,372

88,56,66,776 -

4,43,18,48,148

16,89,79,54,482

15,09,94,34,957

Water Supply 9,32,14,70,405

93,19,37,782

-

10,25,34,08,187

3,80,71,51,998

44,27,69,844 -

4,24,99,21,842

6,00,34,86,345

5,51,43,18,407

Live Stock 6,03,700

49,500

-

6,53,200

30,209

28,676 -

58,885

5,94,315

5,73,491

Street light 1,18,22,80,108

19,35,77,688

-

1,37,58,57,796

29,30,03,943

5,61,58,305 -

34,91,62,248

1,02,66,95,548

88,92,76,165

Strom Water Drain 1,83,12,86,866

-

-

1,83,12,86,866

79,30,86,642

8,69,86,126 -

88,00,72,768

95,12,14,098

1,03,82,00,224

Works Under Loan 79,47,775

-

-

79,47,775

36,55,506

3,77,519 -

40,33,025

39,14,750

42,92,269

Drainage Services 1,79,23,89,204

1,27,90,30,454

-

3,07,14,19,658

21,59,87,961

8,51,38,487 -

30,11,26,448

2,77,02,93,210

1,57,64,01,243

Other Assets 49,70,57,174

1,74,21,008

-

51,44,78,182

22,69,68,996

2,36,10,216 -

25,05,79,212

26,38,98,970

27,00,88,178

TOTAL 98,48,42,21,542 5,56,40,95,941 - 1,04,04,83,17,483 15,37,55,05,737 2,22,99,20,606 - 17,60,54,26,343 86,44,28,91,140 83,10,87,15,805

Vadodara Municipal Corporation Annual Report for F.Y. 2018 - 19



Schedule B-12

Capital work in progress

19,11,37,43,990

21,53,00,73,741 Revenue Capital Fund 37,99,84,052

93,38,01,150

Capital Grant Fund 2,57,09,25,719

4,69,88,31,895

J. N. N. U. R. M. 16,16,28,34,219

15,89,74,40,696

B- 12 Schedule Total

19,11,37,43,990

21,53,00,73,741



Schedule B-13

Investments-Other Funds

Main Fund

1,42,29,86,953

1,42,55,61,324 I.O.B.Mehta pole 67,63,177

67,63,177

FD With Tourist Department 51,27,877

51,27,877

FD with House Building 53,54,130

53,54,130

HDFC -

6,93,00,000

Axis Bank G -

6

Axis Bank alkapuri 90,00,000

6,93,00,000

Punjab & Sindh Bank -

2,70,00,000

Indian Bank 2,70,00,000

1,00,00,000

Canara Bank (New) Dandibazar 95,00,000

-

Corporation Bank New Rajmahel road 2,81,84,710

-

B.O.B.Km.Branch 3,18,00,000

-

C.B.I. RAOPURA 3,45,00,000

-

Union Bank Of India BAJWA 5,87,88,748

-

O.B.C. New Road -

2,22,00,000

Interest on FD Receivable 57,50,571

92,98,394

Investment in Vadodara Gas Limited 1,20,12,17,740

1,20,12,17,740

Revenue Capital Fund

53,55,00,000

53,55,00,902

Corporation Bank (Dandia Bazar) -

902

Investment in Vadodara Riverfront Development Corporation Limited

5,00,000

5,00,000

Investment in Smart City 53,50,00,000

53,50,00,000

Capital Grant Fund

5,08,72,82,646

4,82,87,71,261 B.O.B. Khanderao Market(Fin) 74,99,899

3,44,99,899

I O B Mehta pole (10th fin.) 25,00,000

25,00,000

AXIS BANK FINANCE 25,90,00,000

19,00,00,000

Corporation Bank Raopura (FINANCE) 11,15,00,000

13,96,84,710

INDIAN BANK (FINANCE) 2,80,00,000

5,50,00,000

Indusind Bank (Finance) 11,04,00,000

11,04,00,000

B.O.B. Khanderao Br. (G) Sw.Guj 8,71,85,191

36,16,85,191

I O B Mehta pole (G.) 20,61,820

20,61,820

B.O.B. K. M (MLA ) 1,38,42,560

1,38,42,560

Indusind Bank (Mla) 2,50,00,000

2,50,00,000

Indusind Bank ( MP) 2,50,00,000

2,50,00,000

Axis Bank (New) 16,97,00,000

37,97,00,000

Bank of Maharashtra Raopura (NEW) 3,80,00,000

95,00,000

Canara Bank (New) 20,05,01,383

12,45,01,383

Central Bank of India (New) 7,00,00,000

7,00,00,000

H.D.F.C. (G) (New) 1,33,27,00,000

1,26,34,00,000

I.C.I.C.I.(NEW) 33,85,00,000

25,30,00,000

Punjab & Sindh Bank (New) 10,30,00,000

10,30,00,000

Union Bank of India (New) 1,03,74,485

6,00,00,000

69744United bank of India raopura 3,54,35,824

-

Axis Bank G 29,82,112

28,19,82,112

Indian Bank 1,80,00,000

80,00,000

Axis Bank SJMSVY 35,34,14,282

50,34,14,282

Axis Bank MGY 21,20,00,000

-

OBC NEW ROAD 3,46,19,657

3,46,19,657

Syndicate bkalkapuri 5,65,88,145

5,65,88,145

Canara Bank MGY FD -

2,85,00,000

H.D.F.C. (G) (10 TH FINANCE ) 5,00,00,000

9,95,00,000


55

H.D.F.C. (G) 8,53,69,609

3,58,69,609

Corporation Bank AMRUT -

96,84,710

CBI RAOPURA ( G) 1,57,04,258

1,57,04,258

ICICI Bank (AMRUT) -

14,25,00,000

ICICI Bank (MLA) 2,60,96,628

2,60,96,628

Allahabad- GEN 1,66,15,060

76,15,060

AXIS BANK ( GEN) 7,83,00,000

-

BANK OF BARODA RAOPURA 15,47,56,875

-

C.B.I. Dabdia Bazar (G) 31,86,138

-

CORPORATION BANK DANDIA BAZAR 96,84,710

-

ICICI BANK G 5,70,00,000

-

O B C ALKAPURI G 2,22,00,000

-

PUNJAB & SINDH BANK G 2,70,00,000

-

UNITED BANK OF INDA MGY 1,94,00,000

-

AXIS BANK PMAY 30,00,00,000

-

BOB PMAY 5,54,00,000

-

Allahabad- MLA -

90,00,000

B.O.B. MGY FUND 18,77,00,000

2,70,00,000

B.O.B. GEN FD -

10,11,56,875

Interest on FD Receivable 33,10,64,010

21,87,64,362

Deposit Fund

38,93,33,651

28,26,44,072 Deposit Fund Investment

B.O.B.- K.M.(D) 2,01,38,437

2,01,38,437

B.O.B.- K.M.(CPF) 14,68,111

14,68,111

I.O.B ALKAPURI (CPF) 3,19,12,651

2,98,46,445

O.B.C. -Alkapuri (CPF) 1,67,52,515

1,67,52,515

O.B.C. -New Road (CPF) 54,64,874

54,64,874

Syndicate bkAlkapuri (CPF) -

(11,45,468)

Andhra Bank -Pratap Nagar (CPF) -

(8,65,746)

Vijaya Bank (CPF) 17,21,329

17,21,329

C.B.I.Ghadiyalipole (D) 50,67,045

50,67,045

C.B.I. Racecourse (D) 1,74,333

1,74,333

C.B.I.- Raopura ( CPF ) -

(13,37,652)

I.O.B.- Mehta Pole (D) 3,07,17,811

3,07,17,811

O.B.C.- New Road (D) 2,42,23,693

2,42,23,693

United Bank of India - Raopura (D) 65,88,096

41,02,974

Punjab & Sindh-VishwaMitri(D) 1,86,590

1,86,590

Syndicate- Alkapuri (D) -

(16,80,700)

ICICI Alkapuri (D) 2,57,78,713

2,57,78,713

O.B.C.- SayajiGunj (D) 1,28,66,736

1,28,66,736

Syndicate Bank New (Cpf) 18,77,837

30,23,305

Vijaya Bank New 99,99,999

99,99,999

Allhabad Bank New 3,86,95,963

3,63,00,153

69703 Indian Bank- Raopura (S) -

-

69735 Dena Bank Alkapuri (d) 2,94,94,746

2,94,94,746

Dena Bank ( CPF ) 1,15,65,885

1,15,65,885

Axis Bank (New) 9,00,00,000

-

Axis Bank CPF -

(7,30,178)

Interest on FD Receivable 2,46,38,287

1,95,10,122

J.N.N.U.R.M

29,25,713

21,24,27,657

69744United bank of indiaraoupura -

5,34,79,891

69748 CBI Raopura -

3,76,86,138

Bank Of Maharashrta -

1,90,00,000

Canara Bank New -

4,75,00,000

Axis Bank Alkapuri -

5,00,00,000

Interest on FD Receivable 29,25,713

47,61,628


7,43,80,28,963

7,28,49,05,216


56



Schedule B-14

Stock in Hand (Inventories)

Main Fund

6,96,86,720

6,97,73,133 Stores 6,96,86,720

6,97,73,133


6,96,86,720

6,97,73,133

Particulars Amount



Schedule B-15

Sundry Debtors (Receivables)

Main Fund

2,373,089,247

2,395,935,387 Shop Rent Receivable(13103) 8,04,32,754

5,39,61,022

Dispute Cabin Rent Receivable(15032) 1,02,71,601

1,02,71,601

Slum Clearance Quarters Receivable 2,60,22,662

1,77,99,229

Rent of Cabin Receivble(15032) 8,36,69,022

6,52,47,849

T.P. Scheme - Debtors 8,40,07,319

8,40,07,319

Tax Receivable

Prior Period Demand Receivable 1,17,04,000

7052

Previous Year Receivable 621,808,000

56,25,78,000

Fire Tax Receivable 1,55,01,104

47,637

Property Tax Receivable 28,315,565

5,69,04,002

Water Tax Receivable 22,444,863

10,50,99,603

Safai Charges Receivable 30,879,291

93,06,464

Conservancy &Sewreage Tax Receivable 8,400,987

2,26,74,701

MGY Grant Fund 20,00,00,000

20,00,00,000

Vambay subsidy Receivable (govt.) 2,13,50,000

2,13,50,000

Receivable from benaficiary (Vambay) 2,33,50,000

2,33,50,000

Receivable from Education Cess Grant 62,28,60,952

74,76,32,469

Receivable from Octroi Grant 26,79,98,531

26,79,95,187

Beuro Aid &Admm.Grant receivable 1,17,90,260

2,76,49,781

TDO Receivable 13,68,17,818

4,14,16,004

Commercial receivable 23,82,371

23,82,372

Dom. Meter receivable 5,05,65,656

5,05,65,656

Receivable Establishment grant health -

61,28,000

Dom. Non meter receivable 1,13,58,033

1,13,58,033

Receivable against Return cheques 2,24,835

2,24,835


(3,26,71,180)

(3,26,71,180)

Receivable from benaficiary(Vambay) (1,13,21,180)

(1,13,21,180)

Vambay Subsidy Receivable (Govt.) (2,13,50,000)

(2,13,50,000)

Capital Grant Fund

22,95,92,148

22,95,92,148 MGY Grant Fund -

(20,00,00,000)

Inter A/C General Grant Fund -

-

Receivable From VmcContri. 16,45,92,148

16,45,92,148

Receivable From Rajiv AwasYogna 6,50,00,000

6,50,00,000

Inter a/c Finance comm -

-

Inter Fund Mla a/c -

-


2,57,00,10,215

2,39,28,56,355



Schedule B-17

Cash and Bank Balances

Main Fund

82,42,48,491

23,90,93,757

Cash in Hand 1,01,177

1,01,177

Balance with Bank 82,41,47,314

23,89,92,580


7,43,41,265

51,41,365


51,41,365

Capital Grant Fund

64,68,16,747

35,22,75,641


35,22,75,641

Deposit Fund

75,60,12,819

17,99,72,310


57


17,99,72,310

Advances Fund

3,95,13,347

95,17,409 Balance with Bank 3,95,13,347

9,517,409

J.N.N.U.R.M

6,46,70,760

8,14,86,426


8,14,86,426


2,40,56,03,429

867,486,908

Particulars Amount



Schedule B-18

Loans, advances and deposits

Main Fund

2,036,822,985

2,046,668,905

EPF Deposit A/c. 29,29,143

29,29,143

Advance for Exp.Before 1-9-97 7,41,80,105

7,41,80,105

Road Stock Tasalmat 7,64,57,249

6,73,46,374

Cont. to General Loan Fund 1,01,55,28,000

1,01,55,28,000

Adhok East Zone Bapod Village 1,00,000

1,00,000

Adhok East Zone Harni Village 1,16,344

1,16,344

Society Raod Cleaning Adv. W8 50,000

50,000

East Zone (Ward1-2-9) 50,33,624

50,33,624

Wesrt Zone(Ward 6-10) 34,88,663

34,88,663

North Zone(Ward 7-8) 48,54,876

48,54,876

South Zone (Ward 3-4-5) 5,30,234

5,30,234

Depsit in M.G.V.C.L. -

(1,76,127)

Society Raod Cleaning Adv. W7 1,53,300

1,53,300

Cheque Dishonour W.2 Axis 1,790

1,790

Vehicle loan to employees 28,879

28,879

Foodgrain advance to employees -

(68,450)

Festival advance to employee -

(7,850)

BSUP Contribution Receivable Phase - 1 213,290,778 232,500,000 BSUP Contribution Receivable Phase - 3 640,080,000 640,080,000 Revenue Capital Fund

15,301,336

14,466,878

EPF Deposit A/c. 1,00,00,000

1,00,00,000

East Zone (Ward1-2-9) 17,92,772

17,92,772

West Zone(Ward 6-10) 66,078

66,078

North Zone(Ward 7-8) 13,18,173

13,18,173

South Zone (Ward 3-4-5) 11,54,139

11,54,139

Contribution Towards 11th Fin. Comm.Grant

5,57,474

-

Road stock Tasalmat Assets 4,12,700

1,35,716

Capital Grant Fund

56,55,535

56,55,535 ADVANCE DY EX ENG (ELE &MECH) 2,44,293

2,44,293

ADVANCES BY EXE ENGG (WATER WORKS) 20,000

20,000

ADVANCE TO EX. ENGG.(BRIDGE PROJECT 42,45,021

42,45,021

ADVANCE TO EX. ENGG.(DRAINAGE) 1,04,712

1,04,712

ADVANCE TO EX. ENG (HOUSING) 10,41,509

10,41,509

Deposit Fund

23,35,55,928

23,35,55,928

Cheque Dishonour T.D.O 4,43,155

4,43,155

Cheque Dishonour(East Zone) 1,52,175

1,52,175

Cheque Dishonour(Ajwa) 6,363

6,363

Cheque Dishonour(water supply) 4,53,333

4,53,333

Cheque Dishonour(Street Light) 902

902

Loan to Beneficiary BSUP PH I . 23,25,00,000

23,25,00,000

Advances Fund

84,74,44,502

860,724,901 Food Grain Loan 90,87,128

1,37,18,028

Festival Loan 9,69,497

10,48,647

School Board(D) 7,62,000

7,62,000

School Board(F) 32,97,954

32,97,954

Festival Loan (Gas) 2,06,725

2,06,950

Vehicle Loan 3,72,119

5,68,750

Store Stock Revolving Tasalmat 74,37,182

74,37,182

Store Stock(Pipes) Revolving Fund) 86,36,582

366,612


58

Cont. to Tasalmat Fund for D.I Pipes 2,21,54,178

2,36,12,290

Road stock Tasalmat(WZ) -

(18,79,21,040)

Jathutasalmat to Department 3,99,910

3,99,910

R.C.C. Pipes Tasalmat 28,82,381

28,82,381

GRANT ADVANCES 1,75,26,733

1,75,26,733

LOAN ADVANCES 18,47,305

18,47,305

REVENUE ADVANCES 50,89,39,061

52,88,51,131

Raod stock Tasalmat(EZ) -

(24,66,49,592)

Road stock Tasalmat Assets 26,29,25,747

1,20,61,02,331

Road stock Tasalmat .(NZ) -

(18,10,58,565)

Road stock Tasalmat(SZ) -

(33,22,74,106)

J.N.N.U.R.M

20,43,84,155

204,384,154 Advance (BSUP) 19,45,300

19,45,300

Advance (Ajwasarovar) 3,39,24,985

3,39,24,985

Advance (BsupPhasse II) 4,78,800

4,78,800

Advance (ROB Lalbaug) 37,81,211

37,81,211

Advance (ROB Somatalav) 9,16,766

9,16,766

Advance (Sewerage) 34,69,565

34,69,565

Advance (Sewerage Ph II) 16,97,560

16,97,560

Advance (strom water drain) 5,94,098

5,94,098

Advance (w/s phase II ) (Dpr 3) 90,52,018

90,52,018

Advance (ROB Dinesh Mill) 6,54,00,102

6,54,00,102

Advance (ROB Navayard) 4,39,79,729

4,39,79,729

Advance (Misc.) 78,23,783

78,23,783

Advance (ROB Kalali) 40,900

40,900

Advance (SWM) 2,78,88,402

2,78,88,402

Advance (W/s) 9,26,731

9,26,731

Advance (W/s phase 24x7 dpr4) 16,60,684

16,60,684

Contractor 8,03,521

8,03,520


3,343,164,441

3,365,456,301

Particulars Amount



Schedule B-19

Other Assets

Deposit Fund

15,20,000

15,20,000 Refundable Deposit(Tourist Dept) 15,20,000

15,20,000

J.N.N.U.R.M

-

16,81,008

Misc.Exp Assets -

16,81,008


15,20,000

32,01,008


59

Schedule To the

Statement of Income and Expenditure


60

SCHEDULE TO STATEMENT OF INCOME & EXPENDITURE Vadodara Municipal Corporation (VMC)

Schedules to Income and Expenditure Account for the Financial Year 2018-19

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 1 Tax Revenue Main Fund Vehicle Tax 22,63,17,813 24,80,32,912.00 Tax on Animals - 500.00 Octroi& Toll 9,359 9,19,347.00 Water Charges ( Metered Non metered Area Based Connections)

88,14,52,397 87,67,33,125

Warrant Fees 33,10,257 65,642.00 Water Fee for Construction 35,10,464 30,19,530.00 Property Tax Carpet Area 1,71,61,68,998 1,72,42,85,419 connection Fee Community Stand Plot 43,000 1,70,250.00 Conser. & Sew Tax (Current) 50,57,57,299 51,77,62,838 Metter Con. Penalty for elc motor 30,000 4,910.00 Safai Charges 42,50,28,536 16,27,75,933 Fire Tax 2,21,34,363 2,12,33,771 Total 3,78,37,62,486 3,55,50,04,177

Particulars Amount

2018-19 Amount

2017-18 Schedule I – 2 Assigned Revenues & Compensation

Main Fund Professional Tax 46,83,85,135 441,955,758.00 Theatre tax 56,36,220 5,279,751.00 Entertainment tax - 7,122,455.00 Interest on Professional Tax 91,86,091 9,905,593 Int on Entertainment tax - 550,899.00 Total 48,32,07,446 46,48,14,456

Particulars Amount 2018-19

Amount 2017-18

Schedule I – 3 Rental Income from Municipal Properties Main Fund Advertisements / Hoardings on Municipal Properties

14,70,46,332 8,37,79,059

Shops 5,22,28,045 7,37,55,573 Rent of Shopping Centre 51,39,861 43,76,295 Int. on Rent 40,87,067 7,49,240 Recreational Building Rent &Misc.Income 2,01,22,216 1,26,82,409 AtithiGruh / Multi-Purpose Halls Rent 1,40,12,819 1,73,54,140 Slum Clearance Quarters 90,25,698 53,15,622 Markets Rent 39,02,465 41,36,945 Slauter House Rent 6,21,200 6,64,150 Road Roller Rent - 19,885 Income from Temp. Dwellings on Lease Rent

2,82,625 1,53,206

Rent of Cable Connection 1,44,23,088 46,11,146 Amphee Theatre Rent 7,25,910 3,91,210 Income of Sir SayajiRao Nagar GruhAkota 1,04,25,550 81,78,164


61

Rent for Use of Rooftop (Solar Panel)

7,56,760 7,08,488

Under Ground Cable Charges 22,60,391 24,76,308 Total 29,02,67,027 21,93,51,840

Particulars Amount

2018-19

Amount 2017-18

Schedule I – 4

Fees & User Charges Main Fund New Connection Charge 83,98,141 44,30,442 Name Transfer Fee 3,52,22,784 2,27,75,715 Fire Engine Income 30,48,062 27,86,221 Ambulance User Charges 52,860 98,290 Vaccine Certificate for Foreign tour 5,900 4,700 Copying Charges 72,85,174 63,92,890 Sprayer Water Tank Income 13,80,800 15,45,875 Chamber Connection Charges 1,87,25,340 1,62,21,663 Drainage Supervision Charge & Contingency

81,91,282 1,25,46,294

X-Ray Fee 3,93,240 3,77,830 Birth & Death Registration Fee 2,18,570 8,54,783 Administrative charges for merraigeregn. 50 33,950 Private Drainage Cleaning 2,12,371 1,33,200 Hospital Case Fee 37 11,656 Water Connection Re-connection Fee 74,99,559 14,26,599 Misc.Income Public Service User Charges 34,183 2,040 Income of Sample checking by Public Health Laboratory

21,99,703 11,35,745

Vehicle Parking Charge/ Pay & Park Fee 51,72,973 52,33,239 Dead-body Van Income 36,750 1,10,040 Surveyor & Plan making Fee 22,54,250 8,13,100 Pathological Laboratory Income 15,77,206 1,61,959 Removal of Dangerous Structure (Nirbhayta)

- 42,600

Water Supervision &Admin.Charge - 1,700 Adm.Charges Cheque Return 16,80,647 7,32,379 Musical Band Income 45,500 33,500 Land Revenue Tarasali First Stage 6,796 4,103 Land Revenue Tarasali Second Stage 12,935 8,351 Land Revenue Tarasali Fourth Stage 21,721 15,471 Land Revenue Gorwa LIG 200 3,441 6,706 Land Revenue Tandalaja LIG 236 21,823 6,868 Land Revenue HarniSawad 2,607 2,566 Rent of communication pole 40,69,651 40,24,230 Land Revenue Harni LIG 108 1,382 1,269 City bus services contract income 59,72,916 46,80,000 Ponds (Fishing charges) on contract 9,58,000 - Administrative Charges (Market) 40,07,261 39,43,154 Water Stationery Charge More Than 1 Lakh 25,75,790 54,18,490 Fine of Enchro (Pathara) 3,70,115 Water Supervision Charge 1,34,21,214 75,46,678 1% Administration charge against Govt,Cess

10,42,787 8,49,027

Cattle Trespass Act (Fine) 1,16,852 1,45,074 Shops &Esta . (License Fee) 28,94,808 45,87,791 AdmChargs Cattle Pond 7,07,000 1,80,000 Health License Fee 10,25,410 5,75,801 Building Permission Fee 1,66,24,00,293 67,58,59,907 Tender Fee 48,48,096 63,03,155 License Fee under Corpn.Act 47,52,283 42,20,238 Plumber License Fee 12,85,407 13,90,137


62

Fixed Charge on Sludge Water of Factory 6,67,580 6,28,660 Regestration fee ( Food Dept ) 5,96,330 5,69,550 Licence Fee ( Food Dept ) 1,35,40,300 1,26,63,700 Penalty of lic&Reg (Food Dept) 2,22,054 1,47,838 bomnur home regi. Act 1949 fees 12,10,050 12,47,200 Fees for Laboratory & Clinic 1,10,900 2,41,900 Garden 3,58,960 3,45,890 Swimming pool 1,03,43,048 1,33,91,129 Zoo 1,48,15,500 89,89,100 Ajwa Garden 2,03,400 30,20,835 Joy Rides 26,08,000 90,000 Planetarium / Museum 55,130 63,320 Toy Train (Udyanpari)/ Film Shooting 40,000 67,200 Joy Train 26,37,500 27,29,520 Fine for Tax Recovery / Recovery against Court Expenditure

128

Penal Interest on Property Tax 12,46,07,193 7,85,52,700 Notice Fees 37,04,661 31,64,079 Recovery Admin.Expenditure - 7,200 Permit fee for using Land 79,45,709 46,32,894 Total 1,99,78,20,413 92,82,28,141

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 5 Sale & Hire Charges Main Fund Sale of Forms 11,37,092 12,55,162 Sale of Forms Income 6,73,810 4,59,222 Swimming Pool Form Income 5,17,620 7,63,060 Store Equipment’s 15,425 69,108 Income from sale of Sludge Water 2,31,390 3,45,395 Income of Sludge Fertilizer 5,42,139 4,44,000 Press other Sales ( Printing Press Income)/ Publication

20,06,612 30,20,226

Total 51,24,088 63,56,173

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 6 Revenue Grants Contributions & Subsidies

Main Fund

Grant against Penalty under various acts

-

500 Education Cess Grant 31,44,73,000 25,65,13,349 Govt.Aid( Primary Education) 97,47,00,000 85,90,00,000 Grant Against octroi Income 3,21,62,30,254 3,21,62,29,853 Beuro Aid &Admm. Grant 3,79,67,518 5,00,28,962 Govt. Aid For Health Museum - 1,000 Govt. Aid for Traffic Signal & Other Tr.Fac. 2,37,37,000 2,25,00,000 Total 4,56,71,07,772 4,40,42,73,664

Particulars Amount

2018-19

Amount 2017-18

Schedule I – 7 Income From Investments Main Fund

-

- Total - -


63

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 8 Interest Earned Main Fund Bank Deposit - interest 35,16,09,766 45,04,12,370 Flexi Deposit Interest 11,33,52,711 12,95,36,803 Tds Recovery From Bank 76,316 - Interest on TDS Accounts 3,27,410 2,95,595 Total 46,53,66,203 58,02,44,768

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 9 Other Income

Main Fund

Recovery from Employees

42,93,814

37,93,214

Recovery from Employees 22,94,283 31,23,282 Income of Revenue Expenditure Paid 1,41,31,515 3,22,273 Misc.Income Public Work 38,297 - Niyam Bhang Penalty 3,18,000 1,08,000 Misc. Income Water Supply 12,000 10,12,960 Contractor Fine 1,72,08,803 2,40,71,886 Inspection Fee (Fire) 1,02,83,180 1,67,92,937 From Public (Road Repairs) 1,24,40,724 1,17,72,266 Repairing of Gas Chari 2,599 2,250 Cable&Gas Line ChargesAnnual Run meter 10,60,100 - Fine of Encroachment 51,26,686 13,18,445 15 mm Dia Meter ( Commercial) 35,30,000 45,65,980 20 mm Dia Meter ( Commercial) 31,99,000 28,85,500 25 mm Dia Meter ( Commercial) 64,94,000 9,25,000 Misc.Income General 2,58,41,076 1,13,09,199 Cattle Pond Food Charges & Misc. 1,29,800 1,28,000 Right to Information Fee 35,478 99,324 Misc.(Gomandal) 28,148 34,426 Tarsali First Stage Housing Scheme 52,225 8,590 Tarsali Second Stage Housing Scheme 69,395 9,925 Tarsali Third Stage Housing Scheme - 5,681 Tarsali Fourth Stage Housing Scheme 13,190 25,520 Residences near Harni 82,540 15,771 HarniSawad 156 Houses 30,900 - Central Govt.Investment - 15,552 Demography Update (Aadhar Card) 8,55,588 5,56,012 E- Toilet user charges 10,476 - Bio-Metric Update (Aadhar Card) 62,859 98,695 Registration feeemgy shop 3,15,000 - Right to Service Fee 1,02,445 9,18,306 Harni LIG 108 Houses 50,000 2,96,357 Gorwa LIG 200 Houses - 3,110 Aadhar Card (UID) 13,360 17,207 1272 EWS Housing Scheme 54,00,604 62,41,865 Tandalja LIG 236 Houses 51,200 2,000 Income of Gentri Gate 54,32,061 1,65,210 Bank charges income 8,169 - Income of BSUP housing instalment 2,89,84,627 - Reg.Fees of Technology Fair 1,185 20

Total 14,80,03,327 90,644,763


64


Amount 2017-18

Schedule I-9 (A) Inventories Main Fund Change in Inventory (86,413) (1,01,90,287) Total (86,413) (1,01,90,287)

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 11 Establishment Expenses Main Fund Salaries, Wages and Bonus Basic Pay 2,49,21,75,438 2,57,25,57,367 I.R. 2,92,483 69,801 Special Pay 29,51,400 26,71,004 Basic Pay of Daily Wages 8,51,29,182 4,90,69,287 D.P. 78,001 1,00,379 Grad Pay 2,19,304 1,26,182 D.A. 20,04,65,045 10,76,32,229 C.C.A. 1,14,39,971 1,16,52,476 Education Allowance - 220 Medical Allowance 65,43,881 78,03,813 Leave Travel Allowance 95,753 5,47,900 Vehicle Maintaince Allowance 1,63,369 2,96,420 Loss of Practise Allowance 26,48,438 11,93,949 Washing Allowance 29,83,889 25,75,304 Conveyance Allowance 4,01,97,397 4,30,77,527 H.R.A. 16,29,79,257 17,33,61,043 Cash Allowance - 4,268 Charge Allowance 772 - D.A.of Daily Wages 1,10,42,152 55,54,766 Other Earning-1 5,57,808 3,71,927 Subsitance Allowance 25,31,748 14,42,560 Welfare Fund for Fire Brigade Employee 50,000 - Ltc Ticket 31,33,164 13,11,149 Gratuity Contribution 24,94,87,908 37,34,32,244 Pension 1,64,72,48,888 1,30,80,82,702 Pension (Commuted) 23,03,48,505 41,05,39,548 Accumulated Leave Encashment 11,14,75,437 15,03,76,402 Pensioner's Pay Comm.Sal.Diff - 4,81,43,398 Uniform 66,27,334 1,27,68,690 Awards & Prizes 13,120 26,400 Staff Welfare Activities 2,50,613 1,56,399 Financial Aid for On Duty Death 2,06,67,500 3,47,72,500 Sports Activities 13,66,393 3,18,552 Labour Welfare Act Contribution 1,68,696 2,23,308 Corporation Contri.for Daily Wages P.F. - 49,500 Overtime 1,97,317 5,721 Leave Encashment 8,30,484 44,65,279 Leave Salary/Pension Contribution for Deputationists

- 6,849

Bonus 1,53,06,690 1,57,14,464 Training Expenses 30,352 18,900 Salary Difference 22,19,97,560 16,12,48,265 C.P.F.Contribution 13,390 56,85,131 E.P.F.Contribution 1,28,55,268 72,40,259 Security Charges 17,82,25,345 12,10,85,827 Contract Driver/Cleaner Payment 4,40,60,797 2,80,53,616 E.D.P. Jobwork - Punching 1,06,64,534 1,00,60,463


65

Town planning Office (Unit 1) Establishment

45,38,971 34,10,471

Employee Accident Claim - 3,37,298 Est.& other exp for town planning div-1 - 67,97,883 Est.& other exp for town planning div-2 31,08,205 61,36,218 Est.& other exp for town planning div-3 25,24,070 17,45,251 Esta.&Infra.for Urban Resource Cent 5,21,915 89,976 C.P.F.Contribution - 2 6,10,53,867 5,05,02,696 M.Y.G.N. Employer Conri 7,966 9,240 Seminar & Meeting Exp. 1,09,976 - Vehicle Expenses - 671 Petrol/Diesel Expenses 3,15,07,494 54,15,278 Medical Bills 11,87,10,236 9,03,58,567 J.N.N.U.R.M Basic Pay Salary Difference 1,24,99,924 1,08,44,952 D.P. 82,742 2,69,489 Total 6,01,21,89,580 5,84,98,11,978


Amount 2017-18

Schedule I - 12 Administrative Expenses Main Fund Other Rent and Taxes - 20,51,550 Rent of Vehicles 2,46,88,989 1,46,57,200 Communication Expenses 25,43,733 35,46,566 Advertisement Expenses 2,63,00,944 1,06,50,250 Postage 9,30,755 9,56,932 Books and Periodicals 1,04,783 1,08,770 Printing and Stationery 1,42,28,834 55,05,897 Travelling & Conveyance 1,97,755 3,93,504 Motors vehicle & Transport Equp 62,55,406 6,06,690 cash in transit 2,006 24,143 Legal Expenses 1,13,14,107 1,75,62,477 Consulting Fees 70,092 3,43,970 License Fees 6,660 6,580 G.E.B.Connection Line & Meter Charges 4,90,235 9,77,336 R.T.O. Passing Fees 3,68,786 2,54,460 Inspection Fees - 1,94,830 Photograph Expenses 5,200 - Payment to auctioneer for public auction 74,484 - Guest Hospitality & Press Conference 61,200 1,31,365 All India Mayor Council Fee - 20,000 Dept. Head Guest Exp. 35,836 12,000 Discretionary Grant Exp. 10,91,083 7,12,901 Reception Expenses 10,67,148 9,83,219 Computer Stationery & Floppy Exp. 50,23,584 39,80,018 Miscellaneous Office Expenses 38,79,479 66,09,539 Office Expense of Town Development Department

11,617 41,481

Corporator Telephone Exp 5,00,500 5,45,712 Honorarium to Corporators 1,28,73,917 33,15,000 Staff Training 4,49,203 11,22,935 Telephone Bills 7,40,072 7,56,371 Manavdin for Removal of Mosquitoes 3,04,55,435 3,11,81,572 J.N.N.U.R.M Communication Expenses 19,217 30,092 Reception Expenses - 90,120 Consulting Fees - 13,20,616 Zerox Expenses - 8,184 Miscellaneous Office Expenses 19,38,193 2,41,130 Total 14,57,29,253 10,89,43,410


66

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 13 Operations & Maintenance Main Fund Diesel/Petrol 7,86,70,657 8,30,66,312 Electricity 77,46,90,280 74,83,98,972 Gas 500 - Office Expense 2,80,29,943 2,50,42,426 School & college 80,66,891 35,52,873 Hospitals 4,74,774 82,075 Public buildings 4,66,420 5,74,783 Crematorium 20,52,788 27,10,185 Community hall / Atithigruh 22,53,926 59,67,689 Cattle Pond - 4,79,694 Light & other Faci. In Graveyard 12,48,769 4,17,624 Courp. Building Electrification 85,396 3,08,702 Garden 1,65,22,648 1,84,48,806 Swimming Pools 17,09,136 23,72,407 Libraries - 1,06,282 Auditorium/ Town Hall 70,71,950 34,42,096 Planetorium 15,028 21,542 Sport Complex - 69,551 Musical Band 56,488 2,549 Zoo 55,309 1,10,422 Traffic Center Maintenance 1,28,004 3,84,313 Lakes 300 - Maintenance of all Fountains in city &Ajwa Garden

1,23,292 1,10,936

Roads 9,94,14,048 7,67,80,919 Bridges/ Culverts 16,06,687 21,68,920 Foot path 45,84,583 64,63,293 Wells & Ponds (Public) 1,26,67,329 65,97,186 Public Urinal & Toilets 3,17,017 36,474 Central Divider 9,16,572 2,88,115 Culverts 2,25,071 - Misc.Public works 5,88,723 1,31,296 Compound wall & Fancying on open land 24,38,616 12,86,321 Pipe lines 4,91,53,965 4,16,37,173 Manhole Chamber 12,13,995 21,58,950 Pumping Station(SWD) & Plant/ Gas Base Power

9,00,36,428 7,58,69,833

Chemicals & Glass Ware for Sludge Laboratory

9,30,541 1,15,225

Road Map indicators 14,914 - Clearances of Garbage 3,28,92,076 2,39,96,904 Water Supply Lines 3,66,57,107 4,87,00,092 Pumping Station - 3,31,691 Water Tanks 4,40,67,333 6,78,85,964 Hand Pump 1,59,197 4,54,051 Water pump set 13,53,330 1,62,403 Tube Wells 11,90,795 6,68,552 Pratappura-Asoj-VishwamitriFidder 10,41,782 5,47,409 Panam Part 1-2-3 & (Poicha - Raika- Dodka) 1,13,08,560 27,86,278 Liquid Clorine for Overhead Tanks 27,83,724 22,70,998 Wells 1,10,26,885 35,71,641 AjwaSarovor's Exp. 28,95,947 24,10,879 Airport Sump Maintenance 1,29,305 1,02,236 Water Meter Maintenance - 6,595 Mahi - Fajalpur Water Supply 22,16,259 5,64,119 BOOSTER REAPRING 36,46,248 30,47,897


67

Tools 2,63,715 3,57,940 Harni hot mix Plant 20,37,717 20,95,345 Nimeta Plant 1,25,90,459 85,56,381 Tarapa 4,70,342 6,19,061 Multi fog Machine 8,16,193 - X-Ray Machine 4,43,884 3,03,778 Printing Press 8,99,754 36,97,081 Laboratory Equip. 95,782 79,404 Oil for Instrument Repairing - 66,481 New Traning Centre Equpments - 85,474 Vehicle Maint. 9,31,86,799 10,16,92,123 Computers Repairs & Software Exp. 11,10,140 7,35,395 Zerox Machine 6,01,197 2,34,697 Telephone & P.B.X. Board 9,71,665 7,73,313 Water Cooler 3,43,840 7,51,833 Purchase for Laboratory Equipments 3,90,802 2,92,414 Walkytalky& Wireless Sets 5,78,555 7,48,563 Birds & Animals 76,82,254 71,84,366 Traffic Signals / Removel of Stray Dog 1,20,18,553 1,20,12,305 Shifting Electric Pools 85,568 - Other Lighting 22,65,933 33,84,725 Street Light Maintenance 52,25,451 81,43,849 Exp.for Privatisation of Streetlight services 5,73,86,910 3,65,27,997 Storm Water Drains 4,26,49,974 4,58,33,234 Census Exp. 69,254 61,062 Election Exp. 9,11,481 4,61,233 Cattle Food Exp. 85,50,720 54,06,076 Food Sample’s Exp. 5,09,285 4,44,790 Preparation of Maps & Graphs - 55,919 Building’s Safety Exp./ Garveyard/ Fire Brigade/ Crematorium

5,45,718 4,93,800

Funeral Material 36,37,811 2,84,836 Flood Control Exp. 98,918 - Dry chemical & Foam Compound Exp. - 3,83,500 Maps & Details of T.P. 27,169 5,88,292 Pollution Control Exp. 8,25,743 45,85,291 Unexpected Expense 1,29,603 1,65,117 Royalty Charges ( Panam ) 3,70,96,441 4,79,34,151 J.N.N.U.R.M

Electricity 23,81,232 98,42,784

Total 1,63,40,98,398 1,57,15,94,263

Particulars Amount

2018-19

Amount 2017-18

Schedule I – 14 Programme Expenses Main Fund Materials Purchase for garbage removal 44,76,138 40,11,682 Subsidy to Private Society for Road Cleaning

2,44,292 -

Bleaching Powder 1,85,38,998 2,48,19,661 Door to door garbage removal exp. 41,69,39,835 45,88,50,634 Public Festival Celebration 1,120 32,500 Cultural Programmes 2,92,56,003 5,37,60,742 Sports Equipments / Programmes 7,96,100 4,47,097 Benches - 1,01,05,619 HarijanBalwadi 40,774 24,688 Primary Education 1,41,18,02,798 1,27,92,92,322 Uplifing of Women & Children 12,000 - UCD / UBS - Vehicles & Equip Maintanance - 2,340 Conri For Girls Education 9,65,737 7,23,541


68

Garbage Container Maintenance 80,864 - Film Show / Advertisement 66,736 - B.P.L. Survey Expense 38,50,532 - Food & Medicine for 4th Class Employee - 500 Incinerator Maintenance 23,10,491 40,09,566 Expenditure for Anti Larvel Scheme 2,06,11,505 (2,16,377) BCG & Other Vaccination Expense 13,53,950 20,67,948 Expansion of Medical Facilities, DiggnosisCenter for Public &

1,06,26,230 52,28,944

Medical aid to 2 persons recommended by Mayor

19,78,008 18,56,453

Control & Prevention of Infetitousdieases 21,54,850 25,83,347 Family Welfare Publicity 1,35,495 1,49,564 PurakPoshanAaharAaganwadi 6,675 1,77,433 PurakPoshanAaharAaganwadi 2,16,68,472 1,84,34,156 KuposhanMuktAahar Mate Purchase 14,98,549 44,49,924 Nuisance,Control& Disposal of Pigs 1,40,64,464 1,13,46,100 Total 1,96,34,80,616 1,88,21,58,384

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 15 Revenue Grants, Contributions & Subsidies

Main Fund

Aid to Gymnasium & Health Clubs 10,000 3,83,459 Contri. To AilsgNehrubhuvan 4,00,000 8,00,000 Other Contribution 39,17,703 28,71,825 Total 43,27,703 40,55,284

Particulars Amount

2018-19

Amount 2017-18

Schedule I – 16 Intererst& Finance Charges

Main Fund

Int. on 648.90 Lacs From N.H.B. 10,41,498 7,19,136 Sinking Fund 2009 - 860 Int.onHudco Loan for BSUP(71.25) 2,82,09,011 5,31,03,730 Int.onHudco Loan for Infrasture (145.82) 10,14,09,802 9,68,51,680 Total 13,06,60,311 15,06,75,406

Particulars Amount

2018-19

Amount 2017-18

Schedule I - 17 Prior Period Items Main Fund Prior Period Income Prior Period Income 1,92,78,620 - 1,92,78,620 - Less: Prior Period Expenditure Services Charge - 1,59,208 Refund of Taxes 1,75,00,000 1,75,00,000 M.G.Gruh Refund 10,16,650 12,80,418 Housing installment Refund 51,724 - Total 1,85,68,374 1,89,39,626 Net 7,10,246 (1,89,39,626) Total 7,10,246 (1,89,39,626)

Vadodara Municipal

Corporation


Khanderao Market Building, Rajmahal Road, Vadodara - 390209

Annual Report for FY 2018-19

Documents

Transcript of Annual Report for FY 2018-19