The government had, therefore, increased social safety net budget
allocations to Rs191bn from Rs100bn.
"During the intervening years the enforcement activity had created an income for the service to the extent that a net budget
had been budgeted for 2018/19 of PS200k, which included an initiative to increase the amount of the fixed penalty.
Their budgets expanded to EUR106 million and EUR514 million in 2018, respectively (from EUR97 million and EUR478 million respectively in 2013), taking a 43% share of Bizkaia's net budget
(after deducting institutional transfers to state, regional and municipal governments).
The overall revenue underspend was PS287,000 with the council having spent PS113.3m from a net budget
PSof PS113.6m according to draft accounts.
The backlog of road repairs in the city dates back decades and currently stands at more than our annual net budget
And net budget
contributors such as Germany, France, and the UK, it should be noted, heavily subsidise this largesse.
With the impending departure of Britain, a net budget
contributor, from the EU, the other 27 member states are preparing for a particularly tough battle over the scale and priorities of the next multi-year spending plan.
The council is proposing a net budget
in 2018-19 of PS265.9m of which PS145.7m, or 55%, comes from Welsh Government, PS45.8m or 17% from business rates, and PS74.4m or 28% from council tax.
The TTARA report notes that the 2018-19 budget "actually cut state aid to schools by $1 billion - a net budget
savings of $5 billion that is to be shifted onto local taxpayers."
Cabinet approved an initial net budget
of PS215,000, which takes into account PS91,000 income received, until the end of March 2018.
My own local council, which has a net budget
of PS199m,, carried forward reserves of PS60m in 2016/17 of which only PS18m was ring-fenced and could not be used to support the revenue budget.