In its Monthly Bulletin of Local Finance Statistics (BMSFL), the General Treasury of the Kingdom (TGR) tells us que the situation of charges and resources of local authorities shows an overall surplus of 688 million dirhams (MDH) at the end of December 2020, against 4.44 billion dirhams (billion dirhams) a year earlier.
At the end of December 2020, the execution of the budgets of local authorities showed a positive ordinary balance of MAD 13.3 billion against a positive ordinary balance of MAD 17.3 billion a year earlier, an overall surplus of MAD 688 billion, taking into account a positive balance of 2,301 MDH released by special accounts and related budgets, against an overall surplus of 4,444 MDH recorded a year earlier, taking into account a positive balance of 4,272 MDH released by special accounts and related budgets.
According to the TGR, this surplus, takes into account a positive balance of 2.30 billion dirhams released by the special accounts and the annexed budgets, is intended to cover the expenses incurred and the payment of which will take place the following year, specifies the TGR in its recent Monthly Bulletin of Local Finance Statistics (BMSFL).
It thus emerges that with regard to the receipts, it was noted, a fall of the ordinary receipts of 12.6% coming from, the decrease of 10.8% of the direct taxes following the fall of the share of the regions in income from corporation tax (IS) and income tax (IR) (-15.1%), business tax (-12.8%), municipal services tax ( -7.9%) and the housing tax (-12.5%). A drop of 11.6% in indirect taxes which is explained in particular by the decline in the share of local authorities in the product of value added tax (VAT) (-10.2%), in the share in the product of the tax on insurance contracts (-22.3%), the tourist tax (-55.7%), the tax on construction operations (-17.8%), and the tax on drinking establishments (-48.5%).
It is also mentioned in this chapter the decrease of 17.7% of non-tax revenue resulting in particular from the decrease of 51.4% of assistance funds, of 26.2% of state revenue and of 13.9% of the license fee. temporary occupation of the municipal public domain, combined with the 9.9% increase in subsidies. Finally, the tax revenues transferred by the State (share of local authorities in the product of VAT and share of regions in the product of corporate tax, income tax and tax on insurance contracts) represent 55 , 7% of the overall revenue of local authorities.
With regard to expenditure at the end of December 2020, they are established as follows, with regard to ordinary expenditure, they decreased by 5.6% due in particular to the drop of 11.9% in expenditure on other goods and services, combined with the 4.2% increase in interest charges on debt and the stagnation of personnel costs.
As for investment spending, they fell from MAD 17.1 billion at the end of December 2019 to MAD 14.9 billion at the end of December 2020, a decrease of 12.8%. The TGR also informs that the surplus generated by the budgets of local authorities at the end of December 2020, to which is added that of previous years (41.6 billion dirhams), are intended to cover the commitments referred to under operating expenses and equipment.
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