Consider the following statements with respect to the data provided in the RBI report on the local taxes and fees contributed by the Panchayats - I.Local taxes and fees contributed only 1.1 per cent to Panchayats’ total revenue, according to a report by the Reserve Bank of India (RB

• I . Non-tax revenue, primarily from Panchayati Raj programmes and interest earnings, constituted 3.3 per cent of the total revenue receipts. II.States like Tamil Nadu, Himachal Pradesh, Maharashtra, and Telangana reported higher non-tax revenue than others, according to the RBI report on the Finances of Panchayati Raj Institutions. III.The average expenditure per Panchayat witnessed a decline from 17.3 lakh in 2020-21 to 10.5 lakh in 2022-23. IV.States like Goa, Karnataka, Odisha, Sikkim, Kerala, and Tamil Nadu recorded the lowest average expenditure at the Panchayat level. Which of the following statements is/are TRUE?