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11048
10 billion deficit
statistikk
2001-02-02T10:00:00.000Z
Public sector
en
komminnut, Local government, revenue and expenditure by type, municipal accounts, municipal economy, municipal finances, net financial investmentsLocal government finances , Public sector
false

Local government, revenue and expenditure by type, 2000

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10 billion deficit

Preliminary figures show that local government had a deficit before financial transactions of about NOK 9.7 billion in 2000. This is at the same level as previous year.

Both revenues and expenditures increased in 2000. Expenditures grew faster than revenues. Revenues increased by 6.5 per cent, while current expenditures increased by 6.2 per cent. This improved local government savings. The increase in total local government revenues is mainly attributed to higher central government transfers. Transfers from central government increased by NOK 8 billion. Also Tax revenues improved from 1999 to 2000, and showed a growth of 3,7 per cent

Gross fixed capital formation increased by approximately NOK 2.2 billion in relation to 1999 in current prices. Gross fixed capital formation in 1999 was 13.7 per cent of total revenues. This is about the same as during the two previous years, and shows that the high level of investment in local government in 1997, 1998 and 1999 continued in 2000.

Net borrowing

The local government deficit or net borrowing - a major indicator in assessing the health of local government finances - was NOK 9.7 billion in 2000.

Local government. Revenue and expenditure by type.
1999-2000. Million kroner. Preliminary figures
      1999* 2000* Change 99/00
A. CURRENT REVENUE 188 748      201 035 6,5
1. Property income, interest 6 124 6 300 2,9
2. Tax revenue 89 968 93 259 3,7
3. Other current transfers 88 818 97 106 9,3
Transfers between government sectors 86 141 94 350 9,5
Other transfers 2 677 2 756 3,0
4. Operating surplus1 3 838 4 370 13,9
       
C. TOTAL REVENUE (=A) 188 748 201 035 6,5
       
D. CURRENT EXPENDITURE 183 140 194 556 6,2
1. Property expenditure, interest 6 053 6 250 3,3
2. Transfers to the private sector 20 620 21 900 6,2
3. Other current transfers 1 863 1 456 -21,8
Transfers between government sectors 1 607 1 656 3,0
Transfers to municipal enterprises 256 -200 -178,1
4. Final consumption expenditure 154 604 164 950 6,7
Wages and salaries 125 060 133 200 6,5
Intermediate consumption 43 345 45 009 3,8
Consumption of fixed capital 9 660 10 600 9,7
Social benefits in kind 3 624 3 780 4,3
Correction for operating surplus1 3 838 4 370 13,9
Administrative fees and charges (-) -30 923 -32 009 3,5
       
E. SAVING (A-D) 5 608 6 479 15,5
       
F. CAPITAL EXPENDITURE 15 373 16 200 5,4
1. Net fixed capital formation 15 694 16 989 8,3
Gross fixed capital formation 25 354 27 589 8,8
Consumption of fixed capital (-) -9 660 -10 600 9,7
2. Net purchase of land -279 -739 164,9
3. Capital transfers        -42 -50 19,0
       
G. TOTAL EXPENDITURE (D+F) 198 513 210 756 6,2
       
H. NET LENDING/BORROWING (C-G) -9 765 -9 721 -0,5
2. Surplus before financial transactions -9 765 -9 721 -0,5
1  Operating surplus in municipal water supply, sewage disposal and refuse
collection activities.