Evaluation of Budget Analysis of Kumbakonam Municipality

Abstract

The financial structure of Urban Local Bodies in India is mainly comprises of tax and non-tax revenues as major source of revenues and these local bodies also receive grants-in aid and other concessions from the Government. The expenditure of the municipalities are classified as establishment expenditures, administration expenditures, operating, repairs & maintenance expenditures finance expenses and depreciation. Therefore this study is focussed on the evaluation of budget analysis of Kumbakonam Municipality using trend analysis using actual and estimated values. For further study Chi-square test is used.