This Report relates to Audit of receipts and expenditure of the Urban Local Bodies in Rajasthan includes audit findings in two chapters. Chapter-I includes ‘Overview of the functioning, accountability mechanism and financial reporting issues of Urban Local Bodies and Urban Development and Housing Department, Government of Rajasthan’ and Chapter-II includes seven Compliance Audit observations including audit on Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and audit on Financial and Performance Reporting in Urban Local Bodies (ULBs).