According to this document, “state of local finances,” the explosion of the deficit of Commons, intercommunal, regions and departments, is linked to an increase in expenses related to hiring and borrowing.
LOWER STATE CHARGES
The payroll of local authorities has increased by 3.1% in 2013 after having already increased by 3.5% in 2012 Capital expenditures were, they increased by 8.1% in 2013 “an unprecedented rate since 2009″ according to the newspaper.
The increase is also due to the fact that, suffering cuts state grant – which will reach 3.7 billion in 2015 – the communities had to rely much more on their savings and resort to borrowing to invest .
Watch the video: The municipal budget: how it works
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