The Study of Capital Accumulation in the Past Decade of Phunphin Subdistrict Administrative Organisation, Phunphin, Suratthani

Abstract

This paper aimed to study and compare 10 years of the revenues and expenses of capital from the fiscal years of 2002-2011. The result would be used to assist the decision making of the chief executive and the council of Phunphin Subdistrict Administrative Organisation (SAO) in the future. It was found that in the past 10 years, money was accumulated in Phunphin SAO around 88.64 % of the revenue. This was because each fiscal year the revenue was greater than the expense. The reserve asset contained 7.36% and other revenue in saving account 3.99%. Money spending in the past 10 years from 2002-2011 was around 64% of all money spending, which could be categorized into 7 areas according to three years development plan. Money spending in the area of transportation and public work was 62.24% and the spending in other 6 areas, including water resources, social, political and management, public health, environment and natural resources and economic, was 37.76%. All those 7 responsible areas were in the role of Local Administrative Organisation (LAO) to serve the community and society or to earn revenue for LAO through activities. Moreover, activities to relieve community suffering should be considered. Therefore, money spending should cover all activities under the responsibilities of LAO in the future and it should not impact long-term fiscal status.