Accounts of the municipalities: extraordinary recipes

The accounts of all the municipalities of Wallonia are carried out according to the same accounting scheme. The same applies to the Walloon provinces. Thus, for each of the two types of public institution, it is possible to make comparisons over time (evolution of expenditure and revenue...) and in space. The overall revenue indicators for municipalities included in WalStat are: — The overall revenue of the municipality (ordinary and extraordinary) per capita (in euros) — The municipality’s ordinary revenue per capita (in euros) — The municipality’s extraordinary revenue per capita (in euros) All expenditure indicators are based on accounting charges for the overall financial year. In other words, on the amounts actually spent during the budget year and not on commitments. The revenue indicators refer to the concept of net entitlements established. A right is established when its amount is accurately determined, the identity of the debtor or creditor is determinable, the obligation to pay exists and a supporting document is in the possession of the entity. For more information, see the General Accounting Regulation “[\2](\1)” and “[\2](\1)” and the annual “[\2](\1)” available online on the website of local authorities in Wallonia.