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Coronavirus: local communities in better shape than the state

2020-07-07T16:01:22.896Z


According to the Court of Auditors, their finances should be very affected by the crisis.With dynamic revenue rising and spending relatively under control in 2019, local authorities (municipalities, departments, regions) have tackled the coronavirus crisis "in a better situation than the State" , estimated the Court of Auditors in a report. on local public finances published Monday. Read also: Coronavirus: local authorities anticipate a fall in their tax revenue The figures speak fo...


With dynamic revenue rising and spending relatively under control in 2019, local authorities (municipalities, departments, regions) have tackled the coronavirus crisis "in a better situation than the State" , estimated the Court of Auditors in a report. on local public finances published Monday.

Read also: Coronavirus: local authorities anticipate a fall in their tax revenue

The figures speak for themselves: last year, local authorities earned 150.7 billion euros in tax revenue - an increase of 3.1% - or 48.6 billion euros from competitions financial institutions. As for spending, which has been more contained, it has committed 250 billion euros in actual spending, including 186 billion for operations and 64 billion for investment.

The result is an increase in gross savings of 8.8% compared to 2018, which thus reached 39 billion euros. This savings generated "essentially contributed to the financing of a further increase in their investment expenses (+ 7.1

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Source: lefigaro

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