“The financial position of the panchayat is not sound” is the comment made by the Auditors in the Audit report of the panchayat for the year 2015-2016. The panchayat largely depends upon government grants to fund its activities. As per the auditor’s report, in the year 2015-16 the panchayat received Rs 13,69,321 from the government and generated only Rs 8,11,816 itself.