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Compared to the same period last year, local government budget revenues increased by 52.6 million euros to reach 1.29 billion euros, while Expenses rose by 95.7 million euros to 1.24 billion euros. In the municipality 's budget, a surplus of 57.8 million euros was observed in the first half, down 43.1 million euros compared to the same period of the year. former. A smaller budget surplus can be attributed to the intensive implementation of European Union (EU) funds in municipalities.
Tax revenues increased by 8 million euros or 1% over this period. The largest sources of tax revenue are Personal Income Tax (PIT) and Property Tax (NIN), which historically account for nearly 99% of tax revenues. IIN revenues in the local government budget increased by 7.1 million euros, or 1.1%. In turn, GNI revenues decreased by 1.3 million euros or 0.9% compared to the corresponding period of the previous year.
The department explained that several factors have influenced the implementation of the IORP. January The tax reform had several effects on the income of the IRP, such as the increase of the minimum wage from 380 to 430 €, the introduction of a progressive income tax, a differentiated non-taxable minimum, increased relief for dependents and a non-taxable minimum for retirees.
In the first half of 2018, a special subsidy is foreseen for the tax reform to compensate municipalities' municipal budgets, the amount of which is calculated to the extent that the total tax revenue of the local authorities and the special subsidy of the municipalities are over. would raise to 19.6% of general tax revenues. excluding the state social insurance mandatory contributions to the state's basic budget for health care financing.
IRP revenues were also significantly affected by the repayment of the PIT. According to the State Revenue Service, in the first half of this year, repayments of 110.9 million euros were made. It is 31.8 million euros or 40.2% more than the same period last year. FM added that in the first half of this year, the law on the state budget was not planned, the state's basic budget was offset by 7, 8 million euros to reach the income level of the PIT set by the law on the state budget. dropped for the first time in the last five years. A reduction of 1.3 million euros is partly explained by the decision of the State Land Service to reduce by 30% the cadastral value of the land, whose purpose is residential construction, and which encumbered the cadastre of the cadastre information system
. an increase of EUR 46.6 million or 12.6% to EUR 415.6 million. Public transfers to EU-funded EU instruments and other foreign financial aid increased by EUR 48.1 million
Non-fiscal revenues for the first half decreased by 4 , 2 million euros, or 13%, to 27.9 million euros. The decrease is attributable to the sale of land in the first quarter of 2017. Revenue from pay services increased by 2.9 million euros, or 4.4%, to 67.4 million euros. ; euro.
The minister explains that the increase in local government budget spending in the first half is slower than in the first half of 2017. FM added that the high growth rate in 2017 was ensured by a low expenditure base in 2016, especially the funds spent by the EU in 2016.
By cons, in the first half of this year, the Total expenditure of European funds increased by 47.5 million euros. increased more than 2.7 times to reach 75.4 million euros. It is precisely thanks to the active implementation of EU fund projects that investment spending has increased, increasing by EUR 46.4 million, or 32.7%, to EUR 188.5 million. Repair and reconstruction expenses increased by 29.2 million euros due to the increase in investment spending.
Maintenance costs increased by 49.2 million euros or 4.9% from one year to the next, reaching 1.05 billion euros. The largest increase in maintenance expenses is attributable to salary costs, goods and services. The increase in salary expenditures is mainly attributable to the increase in the minimum wage as of January 1 of this year.
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