Friday, April 10, 2009

ANALYSIS OF EXPENDITURE BY THIS MC

Some members have raised very relevant queries regarding utilization of maintenance funds (Rs 1000.00) being contributed by them every month. A detailed run down of how the present Management Committee deploys financial resources of the Society is tabulated below:-

Monthly Expenditure
1. Maintenance of Lifts - Rs 19, 584.00*
2. Lifts’ License - Rs 3,600.00*
3. Maintenance of Generator - Rs 1,666.00*
4. Maintenance of Intercom System - Rs 2,243.00*
5. Average Common Electricity Bill - Rs 36,363.00
6. Security and Cleaning Rs 37,190.00
7. Salary of Employees - Rs 20,850.00
8. Overtime to Employees - Rs 1,600.00
9. Water Bill - Rs 21,500.00
10. Office Telephone - Rs 1,000.00
11. Diesel for Generator - Rs 3,500.00
12. Emergency Repairs of Genset,
Electricity Sub Station, Water
Pumping Station and Submersible
Pumps - Rs 8,000.00
13. MCD Trash Removal - Rs 500.00
14. Library Bill - Rs 690.00
15. Gas for Main Gate - Rs 200.00
16. Cleaning Material - Rs 1,500.00
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Total - Rs 1, 59, 986.00**
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* Annual Maintenance Contracts
** The figures above do not include one time expenditure like white washing & painting of assets.

• Share per Member - Rs 999. 91

2 comments:

  1. I think the facts speak for themselves. There has never been such transparency and accountability in the running of the society. All of us should be proud of having elected people who are honest and work hard at making the society a better place. The important thing is for everyone to get involved and help out in whatever way they can. :).

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  2. I think people who are asking this question should visit the society office and undertake an analysis for themselves. They might appreciate the transparency that has been brought into the functioning of the society and perhaps the cleanliness.

    I think they should also take into account the 14 lakh the current management committee has saved the society by successfully negotiating litigation against the society :).

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