FINANCIAL REPORT 2019 2 Sommaire
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FINANCIAL REPORT 2019 2 Sommaire Introduction ....................................................................................................................................................4 Revenues .............................................................................................................................................................5 1. Principal revenues ...........................................................................................................................6 1.1 Ta x ..................................................................................................................................................................6 1.2 Financial support from the government ...............................................................................................26 1.3 Other revenues .........................................................................................................................................32 Redistributions .......................................................................................................................................35 2. Equalisation .........................................................................................................................................36 2.1 Equalisation specific to authorities in the communal unit..........................................................36 2.2 Equalisation for Départements ...........................................................................................................37 Expenditures ..............................................................................................................................................39 3. Operating expenditure..........................................................................................................40 3.1 Staff costs .................................................................................................................................................40 3.2 Individual Solidarity Allowances ........................................................................................................41 3.3 Operating subsidies ...............................................................................................................................43 3.4 Contingencies and mandatory contributions .................................................................................43 3.5 Services awarded to external businesses and services ...............................................................44 4. Savings .......................................................................................................................................................45 5. Debt ................................................................................................................................................................46 5.1 Main features of the debt .....................................................................................................................46 5.2 Structure of the debt .............................................................................................................................46 5.3 Debt-reduction capacity ........................................................................................................................48 5.4 Active debt management and optimisation of financial costs ...................................................48 5.5 Liquidity ....................................................................................................................................................48 6. Investment .............................................................................................................................................49 6.1 Structure of investment resources .....................................................................................................49 6.2 Partnership contracts ............................................................................................................................50 6.3 Investment expenditure ........................................................................................................................52 6.4 Metropolitan Area as urban development coordinator ................................................................53 7. Appendices ............................................................................................................................................54 7. 1 External management ............................................................................................................................54 7. 2 Accounting principles and consolidation of accounts ...................................................................56 7. 3 Open data ..................................................................................................................................................57 7. 4 Table of abbreviations .............................................................................................................................58 3 Introduction The Lyon Metropolitan Area (Métropole de Lyon) is a public authority with special status resulting from the merger on 1 January 2015 of the Urban Community of Lyon and the parts of the Département du Rhône in its territorial area. This financial report shows the authority’s principal income and expenditure and enables assessment of its management and financial health. Because of its unique structure, the Lyon Metropolitan Area has all of the powers of an intercommunal body and a Département. In certain respects, it seemed sensible to distinguish between those elements from within the old Urban Community and Département boundaries, including, for example, the various components of the General Operating Grant (DGF1). The Metropolitan Area is now a single authority, however, and so, without appropriate specific methodological precautions, cannot be compared to intercommunal bodies or Départements. ANNUAL FINANCIAL REPORT 2019 FINANCIAL REPORT ANNUAL The following are the key features of the financial year 2019: → substantial financial operating volumes:€ 2.4 billion in expenditure and €2.9 billion in revenues; → operational investments amounting to €530 million gross; → net savings of €262 million → a debt-reduction capacity of 3.3 years. The purpose of the financial report is to provide a sufficiently wide overview to allow financial trends to be discerned. Where possible, figures — have been presented over a six-year period, from 2014 to 2019 inclusive, INTRODUCTION based on the adjusted scope. It has, however, not proved possible to provide sufficiently consistent data for the entire period, particularly with regard to budget information. The figures presented in this version of the financial report therefore cover a period of five years, from 2015 to 2019. 1 abbreviations can be found in the appendices, sub-section 7.4, page 67. 4 Revenues The main income corresponds to tax revenues and financial transfers received from the State. Most of the revenue of the Lyon metropolitan area The Lyon Metropolitan area is also a beneficiary of is directly created by the territory. tax repayments and State grants. 1,5 MDS€ 0,8 MDS€ FROM THE TERRITORY REVENUES FROM THE STATE 392,3 M€ 469 M€ Revenues linked to the Grants linked to the territory dynamism of the territory → 244 M€ Intercommunal Grant 2019 FINANCIAL REPORT ANNUAL → 370,6 M€ Fees for Transfers → 151,2 M€ Departemental Grant of Properties → 73,8 M€ Compensations grants → 10 M€ Tourist Tax → 11,7 M€ Local consumption tax on electricity 283,9 M€ Tax-related grants → 62,4 M€ Dedicated Tax on — 401,5 M€ Insurance Policies REVENUES “Household” taxes → 107,6 M€ Individual Revenue Guarantee → 166,2 M€ Property Tax on → 113,9 M€ Domestic Consumption Tax Developed Land on Energy Products → 158,1 M€ Residence Tax → 77,2 M€ Household Waste Collection Tax 691,2 M€ Business Taxes → 296 M€ Contribution on Business Value Added (CVAE) → 234,6 M€ Business Premises Contribution (CFE) → 16,2 M€ Tax on Commercial Premises → 8,6 M€ Flat-Rate on Network Businesses → 100,1 M€ Property Tax on Developed Land → 35,7 M€ Household Waste Collection Tax 5 1. Principal revenues Total income for the Lyon Metropolitan Area came to €3.4 billion in 2019. “Regular and permanent” income, which is shown in the operating section of the budget, represented €2.9 billion of revenues. This includes tax income and financial transfers from the government. → the Flat-rate Tax on Network Businesses (IFER) has 1.1 TAX a number of components and applies to certain taxpayer categories; Tax revenues accruing to the Lyon Metropolitan → the Tax on Commercial Premises (Tascom). Area came to a total of €1.9 billion, or two-thirds In addition to these taxes, businesses make a of operating income. €1.4 billion came from the significant contribution to a number of “household” territorial area and €0.5 billion were allocations taxes: the Property Tax on Developed Land and the ANNUAL FINANCIAL REPORT 2019 FINANCIAL REPORT ANNUAL from national income or financial flows between Household Waste Collection Tax. authorities. 1.1.1.1 Contribution on Business Value Distribution of principal tax revenues Added (CVAE) The 1.1.1.1.1 Revenues TSCA 3,8 % TICPE The CVAE accruing to the authorities in the territory 6,9 % covered by the Lyon Metropolitan Area came to DMTO €592.0 million in 2019. — 22,6 % CVAE PRINCIPAL REVENUES PRINCIPAL 18,1 % IN BRIEF For a long time this was the Lyon CFE Metropolitan Area’s