10.1 Temple Income, Budget and Funds notes

1. 10.1.1Temple income and how funds are used (Section 57)

   A temple lives on hundi offerings, seva and ticket fees, rents and interest; Act 30 of 1987 abolishes private shares in that money (S.144), tells every budget what to fund first (S.57), and takes fixed payments from it into three state-level funds: the Endowments Administration Fund (S.69), the Common Good Fund (S.70) and the Archakas Welfare Fund (S.161).

   Standard · 14 min · Read here
2. 10.1.2Budget and the sanctioning authorities

   Under Section 57 (Chapter VII) the trustee sends a budget of probable income and expenditure 90 days before the year ends, to the officer fixed by the institution's Section 6 class; every budget must first fund daily services, liabilities, a working balance, 40% pilgrim amenities, a 10% reserve and 30% buildings, and nothing may be spent without a sanctioned budget.

   Standard · 9 min · Read here
3. 10.1.3Accounts and audit

   The EO keeps the accounts (S.58); the institution's income decides the audit (concurrent above ₹25 lakh, yearly from ₹2 lakh, a departmental officer below that); the report goes to the Commissioner, DC or AC by Section 6 class (S.59), the EO rectifies the defects (S.61), and only the Commissioner can surcharge a trustee, whose dues are then recovered as arrears of land revenue (S.148).

   Standard · 9 min · Read here

Medha AI is an independent preparation service. It is not affiliated with, endorsed by or connected to APPSC, TSPSC, MPSC, UPSC or any other commission or government body.