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A 2021 budget of 200 Million Euros adopted by the elected representatives

The 2021 budget was debated and adopted on Monday by the elected representatives meeting in plenary session of the territorial council. The budget, amounting to some 200 million euros, is 19.5% lower than in 2020 due to the socio-economic context.

In the operating section, expenditures and revenues amount to 136.57 million euros and are down 12.4% compared to those of 2020. Almost two-thirds of the revenue comes from taxes (TGCA, income tax, corporate tax, etc.). this year, personnel costs amount to 44.63 million euros. Due to the social crisis, an increase in social expenses was also anticipated by budgeting 14.3 million euros for RSA, compared with 13.9 million last year.

The investment section amounts to 63.50 million euros (-1.7%). Capital expenditures are financed by the AFD loan of 15 million euros. COM is expected to receive just over 30 million euros in grants, which will enable it to “finance almost half of the investment section”. In its entirety, the 2021 budget was adopted by a majority. (soualigapost.com)

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