Frequently Asked Questions

Where the municipal financial statement was compliant with the State Municipal Accounting Manual-

Each state has its own municipal accounting manual closely modelled on the NMAM. Where there were differences between the State Manual and the National Manual, we re-assigned the codes to be compliant with the NMAM.

Where the municipal financial statement was not compliant with the State Municipal Accounting Manual-

Some of municipal corporations use their own account codes that are different from the State Municipal Accounting code. In such cases, we reassigned the line items with the equivalent NMAM code.

Thus all the municipal financial information has been coded as per NMAM to make it comparable across local bodies.

Financial Year: It is a year ending March 31. When a financial year is chosen, data is displayed for the selected year.

Budget:This selection will display the budget data. Each year, a municipal corporation estimates the receipts and payments for the coming year in its budget document. The data is captured from the estimates given in the budget.

Accounts: This section will display the data from the audited accounts

Type of Record- This query wants you to choose the nature of information you want to view- Income, Expenditure, Asset or Liability

Asset corresponds to Capital Expenditure, if you want to view budget information.

Liability corresponds to Capital Receipts, if you want to view budget information.

Amount Type- This category wants you to choose if you want the amount of Budget estimates (information budgeted for a year), Revised Estimates (Estimate of income or expenditure for the current year), Unaudited (Refers to Actuals presented in the Budget denoting the past financial performance).

Fund- Municipal Corporations operate a General Municipal Fund as well as special funds such as Health Fund, Education Fund, Water supply and Sewerage Fund and so on. Each Fund has a code.

Function Group and Code- Functions represent the various services rendered by the local body. The Function Group is the broad category and Function Code is the sub category.

Major Account Code, Minor Account Code, Detailed Account Code: These form the structure of the Account code.

The Major Account Code consists of 3 digits and the first digit refers to the type of the account.

  • ‘1’ refers to Income
  • ‘2’ refers to Expenditure
  • ‘3’ refers to Capital receipts and Liabilities
  • ‘4’ refers to Capital Expenditure and Assets
The Minor Account Code, consisting of 2 digits, is a subset of the Major Account Code and provides greater details of the transaction. The Detailed Account Code is a subset of Minor Account Code, consists of 2 digits and provides further details in respect of the Minor Account Code it is associated with.

We plan to cover all the municipal corporations in India which are approximately 205 in number. We have started with 50 municipal corporations and will reach 205 in a year’s time. The database will be updated on a weekly basis.

We have data from year 2012-13 onwards. Not all municipals in the database have data for all the years. Please view the list of municipal data available in the database from the ‘Data List’ in the Menu section.

The property tax data is sourced from the state government websites. We have presented data for all municipal corporations as well as municipal councils in the property tax module.

We charge a nominal subscription for the Munify database. Payment can be made on a monthly or annual basis. Contact us for more information.

The underlying budget and accounts documents are in the Public Finance India library, a portal owned by Macromoney Research. The library can be accessed at

Please contact us for a demo. We will be happy to walk you through the database.