Accounts of the municipalities: long-term debts

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 debt indicators of the municipality included in WalStat, all based on the concepts “[\2](\1)” are as follows: — Overall debt of the municipality, ESA 2010 concept* (long-term and short-term) per capita (in euros) — Long-term debt of the municipality, ESA 2010 concept* per capita (in euros) — Short-term debt of the municipality, ESA 2010 concept* 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.