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Finance

It is a very crucial and important sector where in the ULBs development is relied upon. ULBs in Karnataka have largely adopted Fund based Accounting Systems

* It ensure that there are adequate funds available to acquire the resources needed to help the Organization achieve its objectives

* ensure costs are controlled;

* ensure adequate cash flow;

* Improve resource mobilization; One of the major roles of the finance section is to identify appropriate financial information prior to communicating this information to decision-makers, in order that they may make informed judgments and decisions.Finance also prepares financial documents and final accounts for head of the organizations to use and for reporting purposes (AGM etc)