City Development Plan - Municipal

Chapter ñ9 Final Report: Thiruvathipuram Municipality
9.6.3 LIABILITY MANAGEMENT INDICATORS
These indicators are a measure to ascertain the utilization from the municipal fund
regarding debt servicing. The ratio of debt servicing to revenue income is at 19.31%
during the assessment period. The per capita average debt outstanding is high at Rs.
432/- and the per capita outstanding debt to property tax demand is around 420%
of the property tax demand for the current year.
Table 9-27: Liability Management Indicators
S.No Indicators Value
1 Per Capita Liability
- Outstanding Debt per Capita Rs. 432/-
- Outstanding Non Debt Liability per Capita -
- Total Outstanding Liability per Capita Rs. 432/-
2 As a proportion of Property Tax Current Demand
- Outstanding Debt as % of Property Tax Demand 420%
- Outstanding Non Debt Liability as % of Property Tax Demand -
- Total Outstanding Liability as % of Property Tax Demand 420%
3 As a proportion of Property Tax Own Revenue Income
- Outstanding Debt as % of Own Revenue Sources 159%
- Outstanding Non Debt Liability as % of Own Revenue Sources -
- Total Outstanding Liability as % of Own Revenue Sources 159%
4 Non Debt Liability as % of Total Liability -
5 Debt Servicing Ratio 19.31%
9.6.4 OVERALL FINANCIAL PERFORMANCE INDICATORS
These indicators are a measure to assess the overall financial performance of the
Municipality with regards operational performance and effective growth in revenue
income and expenditure.
The average operating ratio during the assessment period is high at 78%. The
indicators of growth in per capita income and expenditure item heads indicate the
effective growth, giving a performance measure relative to the growing population.
Thiruvathipuram Municipality has demonstrated (0.21%) negative annual growth in
per capita revenue income during the assessment period, while the per capita
revenue expenditure has grown at a negative CAGR of (1.14%) during the
corresponding period, which indicates that as population increases revenue fund
will be surplus.
Table 9-28: Financial Performance Indicators
S.No Indicators Value
1 Operating Ratio 78%
2 Growth in Per Capita Own Revenue (0.12%) p.a.
3 Growth in Per Capita Grant (0.36%) p.a.
4 Growth in Per Capita Total Revenue Income (0.21%) p.a.
5 Growth in Per Capital Establishment Expenditure (4.54%) p.a.
6 Growth in Per Capita O&M Expenditure 8.98% p.a.
7 Growth in Per Capita Revenue Expenditure (1.14%) p.a.
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