Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
What is the panchayat when the public property damage was 1,03,049.60

### Inputs:
table_name: table, columns: ['Year', 'District', 'Blocks', 'Panchayat', 'Village', 'Human (in Lakh )', 'Animal (in Lakh )', 'Total Area (in Lakh ha )', 'Cropped area (in Lakh ha )', 'Crop Damaged (in Lakh INR )', 'House Affected', 'Public Property Damaged (in Lakh INR )']

### Response:
SELECT MAX Panchayat FROM table WHERE Public Property Damaged (in Lakh INR ) = 1,03,049.60