Docstoc

La Rioja - The Spanish Economy

Document Sample
La Rioja - The Spanish Economy Powered By Docstoc
					Autonomous Communities Quaterly Budget Execution


Autonomous Community: LA RIOJA


2010: Third Quarter (Cumulated data)



                                       Table of contents


                                       Methodological note

                                         Revenue Budget

                                       Expenditure Budget

                                        Institutional scope
Autonomous Communities Quaterly Budget Execution

Autonomous Community: LA RIOJA

2010: Third Quarter (Cumulated data)

                                                           Methodological Note

Data in this document refer to the Autonomous Communities budget execution as of 30th September 2010.

The baseline information within this publication comes from the “Questionnaires on Normalized Accounting Information”, which were set up for
the submission of information, on a quarterly basis, to the Ministry of Economy and Finance and to the Financial and Fiscal Policy Council
(FFPC) according to the Agreements of FFPC 10th April 2003.
The data, based on the information provided in the questionnaire of the third quarter of 2010, have been computed according to the budgetary
criteria both regarding to the institutional scope covered as well as to the accounting rules. As for the former, the publication analyses
information from all the public units included in the consolidated Budget of each Autonomous Community except for certain organizations or
entities, mainly related to the health-care sector which have also been included so as to ensure data consistency, in particular regarding the
economic classification of spending . On the other hand, the use of budgetary accounting criteria implies that the figures within this publication
are not directly comparable to those obtained by National Accounts methodology which may in fact differ.
In order to ensure consistency and comparability of information, some standardization adjustments have been made, namely to the temporal
allocation criteria for revenues of the new regional financing system, the budgetary endowments for local financial intermediation and EAGGF
funds, as well as significant changes in accounting principles between exercises.
Given the budgetary base data (which reflect differences in the public services provision models), further standardization operations have been
required in order to facilitate the comparability of the results. Similarly, it is worth noting that two regional financing systems coexist: one for the
Basque Country and Navarre, and the Common System, for the rest of the Communities. In addition, within the Common System, due to
historical and geographical reasons, the Canary Islands have a special economic and tax regime which is regulated on the basis of the
provisions of the European Union for the Outermost regions.

Regarding the content of the information, aggregated information is displayed by budgetary chapters, with a greater level of detail for chapters
1, 2, 4 and 7 of the revenue budget and Chapter 8 of the expenditure budget. The document also includes three tables for each Autonomous
Community. The first two tables gather information, both on the expenditure and revenues side, on accumulated budgetary execution at the end
of the reference quarter, and information on execution rate and annual percent change. The third table ranks the entities that have been
analyzed through the consolidated information. Explanatory notes are also included which should help the assessment of the data.
Finally, some precisions should be made:
           1.     Data show Autonomous Community´s budget execution in the first three quarters of the year.
           2      Information is based on credits and debits as well as on the accounted budgetary revenues and expenditures, both previously
           adjusted so as to ensure comparability of data over the same period last year and comparability with information on credits and
           initial estimates in the 2010 budget.
           3. Cash movements are only those of budgetary nature and, therefore, result from operations in the current period. Accordingly,
           they do not include cash flows which have not yet been registered in the budget nor derived from credits and debits from previous
           exercises.
Autonomous Communities Quaterly Budget Execution
Revenue budget. Standard data.

Autonomous Community: LA RIOJA

2010: Third Quarter (Cumulated data)
Unit: Thousand euro and percentages

                                                                                                                                                               Annual Percentage Change
                                                                                                                          Execution Rate 2010
                                                                                                                                                                       2010/2009
                      LA RIOJA
                                                 Initial                                     Current            Reconogized Rights/    Current Receips/       Reconogized       Current
                                                 Budget               Reconogized Rights     Receips               Initial Budget     Reconogized Right          Rights         Receips
1. Direct taxes                                       208,121.77                156,063.49       151,037.49                  74.99%               96.78%            -25.49%         -26.75%
  Inheritance and gift tax                             17,500.00                 16,930.00       11,959.00                   96.74%               70.64%            23.47%          14.07%
  Personal income tax                                 188,321.76                138,416.49      138,416.49                   73.50%              100.00%            -29.08%         -29.08%
  Other taxes                                           2,300.01                   717.00              662.00                31.17%               92.33%            28.65%          27.22%
2. Indirect taxes                                     305,424.09                190,196.21       182,547.21                  62.27%               95.98%             -9.35%         -10.97%
  Tax on capital gains and legal documentation         95,000.00                 46,082.00       39,340.00                   48.51%               85.37%             6.39%           0.42%
  Value added tax                                      98,892.57                 72,686.04       72,686.04                   73.50%              100.00%            -25.66%         -25.66%
  Excise duties                                        88,031.52                 59,811.17       59,811.17                   67.94%              100.00%             5.44%           5.44%
  Other taxes                                          23,500.00                 11,617.00       10,710.00                   49.43%               92.19%             -3.12%          -5.76%
3. Fees, public prices and other taxes                 39,528.07                 14,431.55        12,947.01                  36.51%               89.71%            -12.00%          -2.83%
4. Current Transfers Receips                          523,246.02                323,028.40       322,959.32                  61.74%               99.98%            -18.10%         -17.20%
  Sufficiency fund                                    345,849.31                252,911.79      252,911.79                   73.13%              100.00%            -17.39%         -17.39%
  Other Transfers                                     177,396.71                 70,116.61       70,047.53                   39.53%               99.90%            -20.57%         -16.47%
5. Property income                                         1,615.31               1,081.58         1,020.58                  66.96%               94.36%              7.88%           2.92%
Current revenues                                    1,077,935.26                684,801.23       670,511.62                  63.53%               97.91%            -17.60%         -17.79%
6. Non- financial assests disposals                    20,000.00                    685.00             685.00                 3.42%              100.00%            339.10%         339.10%
7. Capital Transfers Receips                           37,386.23                  9,508.00         9,256.00                  25.43%               97.35%            -52.96%         -52.89%
  Regional compensation fund                                  0.00                    0.00               0.00                     -                       -                 -             -
  Other Transfers                                      37,386.23                  9,508.00        9,256.00                   25.43%               97.35%            -52.96%         -52.89%
Capital revenues                                       57,386.23                 10,193.00         9,941.00                  17.76%               97.53%            -49.96%         -49.80%
Non-financial revenues                              1,135,321.49                694,994.23       680,452.62                  61.22%               97.91%            -18.38%         -18.55%
8. Financial assets                                        1,134.96                 561.07             446.07                49.44%               79.50%             12.21%          -8.03%
9. Liabilities                                        211,000.00                 43,000.00        43,000.00                  20.38%              100.00%                    -             -
TOTAL REVENUES                                      1,347,456.45                738,555.30      723,898.69                   54.81%               98.02%            -13.31%         -13.40%
Autonomous Communities Quaterly Budget Execution
Expenditure budget. Standard data.

Autonomous Community: LA RIOJA

2010: Third Quarter (Cumulated data)
Unit: Thousand euro and percentages

                                                                                                                                                 Annual Percentage Change
                                                                                                           Execution Rate 2010
                                                                                                                                                         2010/2009
                   LA RIOJA                                                                         Reconogized         Current Payments/
                                            Initial            Reconogized         Current          Obligations/          Reconogized           Reconogized        Current
                                            Budget              Obligation        Payments         Initial Budget          Obligation            Obligation       Payments
1. Compensation of employees                    458,454.95           319,013.06       318,935.79               69.58%               99.98%              -2.04%          -2.06%
2. Current expenses on goods and services       247,447.69           147,265.14       123,110.04               59.51%               83.60%              9.28%            4.49%
3. Financial expenses                            24,110.13             5,173.05         5,173.05               21.46%              100.00%             -41.25%         -41.25%
4. Current transfers payable                    322,041.93           222,391.28       203,120.50               69.06%               91.33%              1.16%           -3.32%
5. Contingency fund                                        -                  -                -                    -                       -                 -              -
Current revenues                              1,052,054.70           693,842.54       650,339.38              65.95%                93.73%              0.69%           -1.82%
6. Purchase of non- financial assets            130,468.12            38,615.81        28,718.81              29.60%                74.37%              2.41%           -2.14%
7. Capital transfers payable                    144,604.76            62,423.84        53,001.70               43.17%               84.91%             -13.35%           7.02%
Capital revenues                                275,072.88           101,039.65        81,720.51              36.73%                80.88%             -7.94%            3.61%
Non-financial expenditures                    1,327,127.58           794,882.19       732,059.89              59.89%                92.10%             -0.49%           -1.24%
8. Financial assets                               5,799.07             4,678.25         4,678.24              80.67%               100.00%             23.21%           23.21%
  Shares and other equity                         5,515.30            3,900.00         3,900.00               70.71%               100.00%              2.71%           2.71%
  Other financial assets                              283.77            778.25           778.24              274.25%               100.00%                    -              -
9. Liabilities                                   14,529.80             8,797.00         8,797.00               60.54%              100.00%             11.09%           11.09%
TOTAL EXPENDITURE                             1,347,456.45          808,357.44       745,535.13               59.99%                92.23%             -0.27%           -0.99%
Autonomous Communities Quaterly Budget Execution

Autonomous Community: LA RIOJA

2010: Third Quarter (Cumulated data)

                                                    Institutional scope

These are the entities that have been analyzed through the consolidated information:

LA RIOJA
Administración General y organismos integrados
 - Instituto Riojano de la Juventud
 - Instituto de Estudios Riojanos
 - Servicio Riojano de Empleo
 - Servicio Riojano de Salud
Agencia del Conocimiento y la Tecnología
Agencia del Desarrollo Económico de La Rioja
Consejo Económico y Social
Consejo de la Juventud de Rioja

				
DOCUMENT INFO