Amending budget
Amending budget
Book Five of the General Code of Regional and Local Authorities on the financial regime of RLAs, makes it possible to overcome, through the amending budget, one of the difficulties encountered by councils in taking into account the new or additional resources that were either allocated to them by the State within the framework of the finance law, or resulting from loans, decentralized cooperation or donations and legacies, as well as certain expenditure operations in the initial budget.
Indeed, notwithstanding the extension of the voting period from 15 November to 15 December as provided for in Section 422, the budget of RLAs is likely to be adjusted during the financial year. This is the case, for example, when the resources allocated by the State as part of the general provisions for decentralization, whose final amounts are not known before the vote on the State budget law, which is after the deadline for voting RLA budget.
The amending budget thus devoted shall be prepared, voted and approved in the same manner as the initial budget.
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