Specimen format for Determining the Quantum of Justified Hike

Specimen format for Determining the Quantum of Justified Hike
in the Fees During 1997-98 for Absorbing the Impact of
the Pay Commission
Name of the school ………………………………………….
S. No. Amount
A Surplus/deficit for 1997-98 as reported by the school: …………….
B Add Back
(i) Depreciation (Non-cash expenditure) ………………
(ii) Other non-revenue expenditure (such as creation of Development/Building/
Equipment/Reserve Fund) …………………
(iii) Payment to Society on account of rent,licence fee, service charges interest etc. ……………….
(iv) Extraordinary provisions not in conformity
with past trends. ………………..
(v) (a) Provision/payment of arrears on account of the Pay Commission ……………….
(b) Additional expenditure on Establishment cost charged in I & E A/c after the Vth Pay
Commission implementation. ……………….
B) Total ‘Add Back’ ……………..
C) Reassessed surplus for 1997-98(A+B)
Before implementation of the Fifth Pay
Commission but after fee hike ……………..
D) Less: Additional collection of fee from
Students in 1997-98 (i.e. difference
between total collection for 1997-98 over
1996-97). …………….
E) Adjusted surplus before fee hike and
Implementation of Pay Commission (C-D) …………….
F) Additional annual recurring expenditures
due to Pay Commission …………….
G) Excess (+)/ Shortfall(-)
(E-F) ……………..