Vettathur
Grama Panchayat

The Annual Financial Statement (AFS) is the definitive statutory document consolidating all financial transactions executed by a Grama Panchayat during a financial year. Covering the period from April 1 to March 31, it itemizes all realized revenues—including local taxes, non-tax collections, and statutory grants—alongside all operational and developmental expenditures. Under statutory regulations, this statement must be prepared, endorsed by the governing council, and submitted to the Local Fund Audit Department by May 15 each year. Incorporating a balance sheet of assets and liabilities, an income and expenditure account, and a cash flow statement, the AFS is digitally generated using institutional accounting platforms such as Saankhya. Timely submission of the statement serves as a key indicator of institutional fiscal discipline and constitutes a mandatory prerequisite for sanctioning subsequent annual state grants. 

The Annual Financial Statements submitted by Vettathur Grama Panchayat across various financial years are presented below.