Chapter 1- Finances of the Government of National Capital Territory of Delhi is based on audit of Finance Accounts and provides a broad perspective of the finances of GNCTD for the year ending March 2016. It also analyses critical changes in the major fiscal aggregates relating to the previous years keeping in view the overall trends during the last five years. Over the previous year revenue receipts of GNCTD increased by 5,414.26 crore (18.30 per cent), revenue expenditure by 2,833.06 crore (12.05 per cent) and Capital expenditure by 319.53 crore. The fiscal position viewed in terms of key fiscal parameters show that the revenue surplus increased by 2,581.20 crore during the year 2015-16 over the previous year.
Chapter 2- Financial management and budgetary control is based on audit of Appropriation Accounts and gives the grant wise description of appropriations and the manner in which allocated resources were managed by the service delivery departments. During 2015-16, expenditure of 35,434.86 crore was incurred against total grants and appropriation of 42,809.39 crore resulting in a saving of 7,374.53 crore. Excess expenditure of 2.22 crore in two grants for the year 2015-16 required regularisation under Article 205 of the Constitution.
Chapter 3-Financial reporting is an overview and status of the GNCTD compliance with various financial rules, procedures and directives. There were delays in obtaining utilization certificates (UCs) from various grantee institutions for the grants released to them. Substantial balances amounting to 207.80 crore were outstanding under Suspense Heads as on 31 March 2016, requiring expeditious clearing and classification under appropriate heads of accounts.