The City Council, in today’s session with 17 votes in favour, 4 against and 7 abstentions, approved the management report for the 2023 financial year and the related report.
The Municipality of Terni presents an increase in funds set aside from 47,623,390.11 euros to 59,794,671.77 euros to deal with any probable critical issues deriving from the closure of the management of the bankruptcy liquidation phase, for an alignment of the litigation fund based on the update of the competent office and to create a suitable provision of approximately 8 million euros within the item Other provisionsi which avoids the penalization of the application of any greater deficit resulting from the reconstitution of the liquidity advance fund, when starting from the approval of the 2024 financial statement, barring further regulatory interventions in this regard, not foreseen to date, it will be necessary to provide for the repayment in installments constant to safeguard the maintenance of the structural balance of the budget by containing the reduction of the actual resources to be allocated to institutional purposes.
The provision is sufficient to cover any annual technical deficit that would have been necessary to cover in ten years from the 2022 financial statement if the entity had not benefited from the regulatory extensions.
The provision for doubtful debts goes from 39,907,262 euros to 40,939,701.32 euros.
In 2023, no deficit needed to be financed.
The current expenditure committed in 2023 is approximately 76.3 million.
Tax revenues respected forecasts, exceeding 57 million.
The income linked to contributions for building permits maintained the positive trend of the last three years, for a final amount of approximately 1.7 million.
Despite the difficult historical period, the organization has managed to maintain the services provided to citizens and continue its investment policies.
The Municipality of Terni did not use the cash advance in the 2023 financial year.
The cash fund as of 31 December 2023 is approximately 53 million.
In 2023, approximately 4.6 million requests for mortgage disbursement for work progress were processed compared to 3.2 million in 2022, a sign that the activities and works are proceeding quickly.
The trend of debt reduction for investment financing continues, going from 119,000,000 at the end of 2021 to 112,600,000 at the end of 2022 to the current approximately 103,855,000 in 2023.
The administration’s activity has concentrated on this point with an analysis aimed at identifying the presence of any residues of mortgages to be donated and used for various purposes, without resorting to new and additional financing, which also occurred in the first months of 2024 the financing of various projects without increasing the institution’s debt.
This policy has led to a further reduction in budget rigidity, with an impact on current revenues of less than 50%.
