ISTAT presents the results of financial flow calculations on the final balance sheets of provincial governments for fiscal year 2010, which were calculated using data supplied by the Ministry of the Interior.
In 2010 total tax assessments as a net of clearing accounts, was equal to 12,988 million euros, reflecting an increase over the previous financial year (+2.0 percent). This figure represents a substantial growth both in current revenue and capital revenue. Opening of lines of credit presents a reduction.
In greater detail, the growth in current revenue (+0.9 percent relative to 2009, from 9,924 to 10,012 million euros) can be attributed to increases in tributary revenue (+4.1 percent) and non-tributary revenue (+2.3 percent).
The assessment of capital revenue grew by 12.1 percent (from 2,124 million euros to 2,382 million euros), representing the combined effect of rises in property transfers (+61.3 percent) and transfers (+20,7 percent). Credit collection dropped by 30.1 percent.
For 2010, revenue related to financial management didn’t reveal changes in composition relative to the previous year. The impact of current revenue fell (from 77.9 to 77.1 percent), while growth was registered in capital revenue (from 16.7 to 18.3 percent). Revenue from the opening of new lines of credit dropped (from 5.4 to 4.6 percent).
An examination of cash management reveals that total collections fell by 3.3 percent, from 12,486 to 12,069 million euros. Current revenue fell by 1.8 percent, while capital revenue remained stable.
Revenue from the opening of new lines of credit registered an appreciable contraction (-29.0 percent).
For further information:
Statistics on public and private institutions
Roberta Di Stefano
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