[NOTE: News, tables and retrospective series updated with revised data as of 12/22/2022.]
DREM releases local administration accounts of 2020 - revised values
The Regional Directorate of Statistics of Madeira (DREM) releases today a set of information about the Local Administration Accounts of the Autonomous Region of Madeira for the year 2020. These data are released every year in the “Statistical Yearbook of the Autonomous Region of Madeira”, being also available on the Statistics Portugal (INE) 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 on an accrual method.
Key ratios - Receipts to expenditures ratio improved compared to 2019
In 2020 the municipalities’ receipts per inhabitant of non-financial operations were 715 euros (703 euros in 2019), reaching 2,567 euros, the highest value, being recorded in the municipality of Porto Moniz (2,464 euros in the previous year). On the other side stands Câmara de Lobos, with receipts per inhabitant of 431 euros (501 euros in the previous year). It should be noted that the ratio for the Region is the highest since the beginning of the time series (2011).
The ratio between receipts and expenditures of non-financial operations, which is the ratio in percentage between the first and the second variables, stood at 102.5% in 2020 (+0.7 pp compared to 2019). In the year under review, Porto Santo had the highest ratio between receipts and expenditures (129.1%) with Ponta do Sol (88.3%), São Vicente (94.8%) and Funchal (98.1%) having receipts lower than expenditures.
The percentage of taxes in the total receipts of non-financial operations went up from 27.8% in 2019 to 29.7% in 2020. This means that the downward trend that started in 2016 was halted. For this indicator, it is also the larger municipalities that present higher ratios, together with Porto Santo. Thus, in Santa Cruz the ratio was 40.7% (33.5% in 2019) and in Funchal 38.2% (36.1% in the previous year). Porto Santo, on the other hand, shows an increase in 2020, to 51.6% (44.8% in 2019).
In 2020, the ratio of the compensation of employees in the total expenditure was 34.3% (33.3% in 2019). This percentage means a trend reversal after 3 successive years of reduction in this ratio. In 2020, Ribeira Brava had the lowest ratio (17.5%) and Porto Santo, the highest (57.5%), while in 2019 these positions were occupied by São Vicente (21.6%) and Machico (39.9%).
Receipts and Expenditures – Receipts with an all-time high and expenditures also increased
In the reference year, the municipalities’ receipts increased by 1.6% to 181.6 million euros, the highest figure of the last ten years. Of this total, 88.6% were current receipts and 11.4% were capital receipts. In 2020, current receipts decreased by 1.1% compared to 2019, while capital receipts increased by 29.3%. By municipality, Funchal accounted for 42.2% of the current receipts of all municipalities, followed by Santa Cruz (13.1%).
The municipalities’ expenditures topped 177.3 million euros in 2020, 1.0% above 2019. Current expenditures decreased by 2.7%, whereby, conversely, capital expenditures increased by 14,4% compared to the previous year. In 2020, current expenditures represented 77.5% of the total expenditures and 22.5% of the capital expenditures.