The treasuries of local authorities still in surplus. The surplus generated at the end of December 2022 is intended to cover expenses incurred and to be paid during the next year.
The surplus generated by the budgets of local authorities for the year 2022 amounts to 6.5 billion dirhams. This surplus takes into account a positive balance of 2.03 billion DH generated by special accounts and ancillary budgets, against an overall surplus of 3.6 billion DH recorded a year earlier, taking into account a positive balance of 1. 42 billion DH released by special accounts and additional budgets.
“This surplus of 6.5 billion dirhams is intended to cover the expenses incurred and to be paid during the next year”, can be noted from the monthly bulletin of local finance statistics from the General Treasury of the Kingdom. To this end, the overall surpluses reach 46.6 billion dirhams at the end of 2022. They are intended to cover the commitments referred to in respect of operating and equipment expenditure. In addition, the execution of the budgets of local authorities shows ordinary revenue up by 8.1%.
They stood at around 45.3 billion dirhams against 41.89 billion dirhams a year earlier. Referring to the publication of the TGR, the increase in ordinary revenue stems, among other things, from the 2.9% increase in direct taxes, the 12% increase in indirect taxes and the 7.8% increase in non-tax revenue. It should be noted that with 31.3 billion dirhams, municipal revenue represented 69% of the overall revenue of local authorities at the end of December.
“The breakdown of revenue by type of local authority shows that the resources transferred are inversely proportional to own resources. Thus, the resources transferred constitute 52.2% of the revenue of the municipalities against 88.8% for the prefectures and provinces and 91.8% for the regions”, can we read from the publication of the TGR.
At the same time, ordinary expenses increased by 7.1% at the end of 2022. This increase stems from the 17.5% increase in expenses for other goods and services at a time when personnel expenses fell from 0 .9%. Debt interest charges fell by 10.5%. As for investment expenditure, it amounted to 14.5 billion dirhams at the end of December against 15.20 billion dirhams a year earlier, thus marking a drop of 4%.