The situation of charges and resources of local authorities shows an overall surplus of 3.15 billion dirhams (billion dirhams) at the end of April 2021, against a surplus of 3.23 billion dirhams recorded a year earlier, according to the monthly bulletin of local finance statistics. (BMSFL) of the General Treasury of the Kingdom (TGR), while at the end of March 2021 the situation of charges and resources of local authorities showed an overall surplus of 2 billion dirhams (billion dirhams), against a surplus of 2.9 billion dirhams. registered a year ago.
This surplus (April 2021) takes into account a positive balance of 375 million dirhams (MDH) released by special accounts and related budgets, specifies the TGR in its monthly bulletin of local finance statistics (BMSFL) for the month of April 2021. It is intended to cover expenses incurred and to be paid during the remaining months of the year 2021, specifies the TGR in its recent Monthly Bulletin of Local Finance Statistics.
A decrease in ordinary revenues of 18.9%
The main trends in ordinary revenue indicate a 9.6% decrease resulting from the 8.4% decrease in direct taxes following the fall in the share of the regions in the revenue from corporation tax (IS) and income tax (IR) (45.9%), combined with the increase in the municipal service tax (+ 42.8%), the tax on urban undeveloped land (+ 18.4% ) business tax (+ 49.6%), and housing tax (+ 57.1%).
Lower indirect taxes
This decline in ordinary revenue is also explained by the 20.2% drop in indirect taxes due in particular to the decrease in the share of local authorities in the product of value added tax (VAT) (-22.9% ), the tourist tax (-76.1%) and the tax on drinking places (-41.9%) This decrease is also explained by the 31.8% increase in non-tax revenue, stemming in particular from the increase in subsidies (+ 56.2%), combined with the increase in the tax on construction operations (+ 31%) and the tax on subdivision operations (+ 52.8%), the fee for temporary occupation of the municipal public domain (+ 23.1%) and estate revenues (+ 16.6%), combined with the decrease in assistance funds (-43.9%), specifies the TGR.
Regular expenses down
Regarding expenditure, the BMSFL of the TGR indicates, ordinary expenditure down 9.7% due to the 5% drop in personnel costs and 21% in expenditure on other goods and services, combined with the 7% increase in interest charges on the debt. As for investment spending, they fell from 2.1 billion dirhams (MDH) at the end of April 2020 to 1.6 billion dirhams at the end of April 2021, a decrease of 22%.
At the end of April 2021, the overall expenditure made by the local authorities (ordinary expenditure, investment expenditure and repayments of the principal of the debt) amounted to MAD 8.6 million, down by 10.1% compared to their level. at the end of April 2020. They consist of 71.7% of ordinary expenses. The surplus generated by the budgets of local authorities at the end of April 2021, to which is added the borrowing income of 620 million dirhams, allowed the repayment of the principal of the debt for 803 million dirhams and the reconstitution of the surpluses for 3 billion dirhams, reports the TGR.