DREM releases time series for local administration accounts (2011-2018)
The Regional Directorate of Statistic of Madeira (DREM) releases today, for the first time, a time series on Local Administration Accounts for the years of 2011 to 2018. These data are released every year in the “Statistical Yearbook of the Autonomous Region of Madeira”, being also available on the Statistics Portugal website. The source of the information is the SIIAL database (Integrated Information System for Local Government) of the Directorate-General for Local Authorities and is based on a cash basis rather than an accrual logic.
DREM plans in the next release of this statistical subarea to extend the series by making available data for the period 2003-2010.
The main results are the following:
Between 2001 and 2018 the municipalities’ receipts per inhabitant grew from 641 euros to 697 euros, respectively.
The debt per inhabitant decreased sharply from 1 076 euros in 2011 to 304 euros in 2018.
The ratio between receipts and expenditures shows similar values in 2011 (108.6%) and 2018 (107.6%).
The percentage of taxes in the total receipts went up from 28.5% in 2011 to 32.9% in 2018.
Despite some irregularity in the 2011-2018 period, the ratio of the compensation of employees in the total expenditure is almost the same in 2011 (35.6%) and 2018 (35.9%).
In 2018, the municipalities’ receipts increased by 2.1% to 177.0 million euros. Of this total, 89.8% were current receipts and 10.1% capital receipts.
The municipalities’ expenditures topped 164.5 million euros in 2018, 4.8% above 2017. The current expenditures has been showing a downward trend since 2011, going from 70.5% in this year to 81.1% in 2018, while the capital expenditures dropped, in those same years from 29.5% to 18.9%.
In 2011, the municipalities’ debt stood at 284.3 million euros, having plummeted to 77.2 million euros in 2018 (-72.8%). The short term bank loans had the most expressive reduction, with its share in the total debt decreasing from 55.9% in 2011 to 20.4% in 2018.