Financial Committe

ROLE AND RESPONSIBILITIES

The Principal/ the Administrative Officer (DDO) is the unique authority in the polytechnic who has financial power for the procurement of different items i.e. equipment/material/furniture etc., required by the Govt. Polytechnic. The existing powers of delegation are according to Cir.Memo.No.K3/18272/2010-11,Dt.28-07-2012 of the Commissioner of Technical Education, AP, Hyderabad governed vide G.O.No.148 Finance & plg (FW.Admn.ITFR).Dept.Dt.21-10-2000.
To ensure proper utilization of funds.
To monitor Budget estimates relating to the receivables from various heads.
To ensure that accounts get audited every year.
To ensure that expenses incurred have budgetary provision.
To Check that necessary formalities have been observed in incurring expenses.
To ensure that expenses are incurred in the correct Head of account.
To monitor that revision and reallocation of available funds for various heads if required is done with proper permissions.

S.No.	Name of the Staff with Designation	Role
1	V NAGESWARA RAO, PRINCIPAL	CHAIRMAN
2	P JAGAN MOHANA RAO, HMES	MEMBER
3	D SRINIVAS, HCMES	MEMBER
4	MPS MURALI KRISHNA HGS	MEMBER
5	A NAGARAJU HECES	MEMBER
6	P. MAHESWARA RAO , Office Suptd.,	MEMBER