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Total municipal sector expenditure and income Estimate for 2005

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Presentation on theme: "Total municipal sector expenditure and income Estimate for 2005"— Presentation transcript:

1 Total municipal sector expenditure and income Estimate for 2005
Social welfare and health care 50 % Salaries and wages 41 % (Current expenditure and investments) Tax revenues 47 % Social security funds and pensions 12 % Purchase of goods 10 % State grants 17 % Education and culture 26 % (Current expenditure and investments) Purchase of services 16 % Sales of goods and services 27 % Subsidies 6 % Other 20 % Loan costs 3 % (Current expenditure and investments) Investments 10 % Borrowing 6 % Financing and other expenditure 4 % Other expenditure 2 % Other revenues 3 % /J. Turkkila/hp

2 Total municipal sector expenditure
Estimate for 2005 (external expenditure) Total 30.5 billion euro 13-Jan-19

3 Total municipal sector income
Estimate for 2005 (external income) Total 30.4 billion euro 13-Jan-19

4 Local government tax revenues and state grants 1) At 1995 prices, 1990=100
1) The state grants for are not directly comparable. Their comparability is improved by subtracting the contributions paid by the municipalities to the Social Insurance Institution during and by adding certain state subsidies in the national accounts for , e.g. employment subsidies and unit-price based funding contributions received by joint local authorities. The actual tax revenue development also depends on the recovery of VAT refunds to municipalities: revenue losses are compensated by reducing the municipalities’ share of revenue from taxes on corporate entities. /J. Turkkila/hp

5 Municipal tax revenue 2003-2006, Billion EUR
Year 2003 2004 2005** 2006** Cash based: Municipal income tax 11,84 11,93 12,44 12,92 Corporate income tax 1,00 1,06 1,15 1,18 Real property tax 0,66 0,68 0,71 0,81 Tax revenue 13,50 13,67 14,30 14,91 Change, % -4,0 1,3 4,6 4,3 150405A J. Turkkila/my


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