This Report of the Finances of the Government of Kerala is being brought out with a view to assess objectively, the financial performance of the State during 2014-15 and to provide the State Government and the State Legislature with timely inputs based on audit analysis of financial data. In order to give a perspective to the analysis, an effort has been made to compare the achievements
with the targets envisaged by the State Government in the budget estimates of 2014-15. Based on the audited accounts of the Government of Kerala for the year ended March 2015, this Report provides an analytical review of the Annual Accounts of the State Government. This Report is structured in three Chapters.
Chapter 1 is based on the audit of Finance Accounts and makes an assessment of the Kerala Government’s fiscal position as on 31 March 2015. It provides an insight into trends in committed expenditure, borrowing pattern and quality of expenditure, besides giving comparison on State’s expenditure with other General Category States.
Chapter 2 is based on the audit of Appropriation Accounts and gives a Grant-by-Grant description of appropriations and the manner in which the allocated resources were managed by the service delivery departments.
Chapter 3 is an inventory of the Kerala Government’s compliance with various reporting requirements and financial rules. The report also compiles the data compiled from various Government departments/organizations in support of the findings.