2010 Annual Report
2010 administrative account
The City's main budget details all revenues and expenditure required for the proper running of public services for the people of Nantes, along with the renewal and development of the City's real estate assets.
The operational section of the administrative account sets out all regular, recurrent operations. It consists of expenses (personnel costs, office supplies, interest of the debt, provision of services, etc.) and revenues (tax revenues, allocations, etc.).
In 2010, operating expenditure amounted to €355.5 M, while revenues (excluding the sale of fixed assets, the amounts of which are dealt with in the investment section) amounted to €393.3 M. Those figures include real operations as well as order operations.
The investment section records operations (expenses and revenues) related to the City's fixed assets (acquisitions, sales, renovation, etc.). The financial flows linked to those operations are often spread over several years.
In 2010, capital expenditure amounted to €127.2 M while revenues totalled €91.2 M.
The cumulative surplus for the 2010 financial year is €22.96 M, breaking down as follows:
- A surplus of €1.73 M for operations in 2010,
- A deficit of €8.41 M for remains to be done in 2010,
- A surplus of €29.64 M carried over from 2009.