Md. Abu Kauser Mallik Director (Finance & Accounts) Rajdhani Unnayan Kartripakkha
Rajdhani Unnayan Kartri-pakkha a service oriented statutory body under the Ministry of Housing and Public works, Govt. of Bangladesh was created as per provision of the Town Improvement Act of 1953 (as amended up to June 1991). At present it’s area of jurisdiction is 1528 sq.km. Rajuk is involved with the task of planning, development and development control for the area of it’s jurisdiction.
Until 1994-95, Rajuk had been following single entry cash basis accounting in line with the Government accounting system. To confirm it with modern accounting system, after a concerted and strenuous effort, RAJUK has successfully transformed its accounting system into double entry accrual basis in 1995-96. From 2008-2009 RAJUK has been maintaining it’s accounts in computerized system through accounting software by using Tally ERP-9. RAJUK maintains two current accounts with Bangladesh Bank viz (i) Revenue Account and (ii) Capital Account; as per provision of the T.I. Act. Moreover RAJUK maintains 17 nos. of foreign currencies and 134 nos. of SND accounts with various government and private bank for collection purpose.
RAJUK earns revenue through its operation as well as investing surplus funds in fixed deposit accounts. In 2014-15 it earned a revenue income of TK. 238.19 crore and incurred an expenditure of TK. 53.69 crore and thereby made a surplus of TK. 184.60 crore which is 3.90 % less than that of the previous year. During the period, earnings in capital account is TK. 233.00 crore against expenditure of TK. 21.25 crore. Surplus in the account stood at TK. 211.75 crore. Total surplus in 2014-15 is TK. 396.35 crore. On the other hand it was TK. 381.87 crore. in 2013-14.
In 2014-15 total value of assets held by RAJUK is Tk. 12,150.68 crore, which include capital lease of TK. 7,782.15 crore. of the total assets, fixed assets accounts for .32%, Investment 28.20%, Capital lease 65.05 % and current assets 7.43 %. Capital fund of TK. 11,819.13 crore is 97.27 % of the total fund. Current liability represents only 2.73 % of the total fund.
In 2014-15 RAJUK contributes to national exchequer 57.96 crore taka as corporate tax and Tk. 2.00 crore as non tax revenue. Moreover, it has been contributing in the national economy by implementing different projects of socio-economic importance from its own resource. In addition, RAJUK has the credit of not having any debt service liability to the government or any other financial institutions.
In the year to come, RAJUK is hopeful to be able to discharge its duties and responsibilities to the society and the nation as a whole in a wider way. Main portion of financial statements for the year 2013-2014 and 2014-2015 and most important financial information for the year 2010-11 to 2014-15 showing through bar chart in the next pages.
