1 / 17

2009 Italian State Budget Overview

Sofia 17 August. 2009 Italian State Budget Overview . Agenda. Analytic Accountancy Cost Criteria Budget Cost Components 2009 Italian State Budget . Analytic Accountancy. Economic Analytic Accountancy per Cost Center. Economic Analytic Accountancy together with Financial State account

ranit
Download Presentation

2009 Italian State Budget Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Sofia 17 August 2009 Italian State BudgetOverview

  2. Agenda • Analytic Accountancy • Cost Criteria • Budget Cost Components • 2009 Italian State Budget

  3. Analytic Accountancy

  4. Economic Analytic Accountancy per Cost Center • Economic Analytic Accountancy together with Financial State account • Information provided links resources and targets facilitating decision makers to know the usage of resources related to the activities and results performed and to take more effective decisions • Based on cost evaluation

  5. Analytic and Financial Accountancies • Evaluate COSTS (economic competency principle) per each Central administration in terms of • human resources • financial resources • tools • Expenditure - Financial Accountancy • The amount of money to pay the costs

  6. Cost Criteria

  7. Costs Allocations • Costs are aggregated according to tree areas/criteria: • Account Plan – Cost Type • Organization – Cost Center • Results – Cost Targets

  8. Analytic AccountancyCosts allocation Used resources Cost Type Organization managing Cost Responsibility Cost final destination Results Missions/Programs

  9. Missions – Example 2008

  10. Cost Components

  11. COSTI PROPRI DELLE AMMINISTRAZIONI CENTRALI Specific Central Administration Costs • Human Resource cost for administrations • Utilities • Assets and tools – Deprecations • External services costs

  12. COSTI DISLOCATI (Trasferimenti)‏ Distributed Costs – Transferals • Financial resources that State forecasts to allocate on other public amministrations, international orgaizations, families, private institutions. • Funding without refund

  13. ONERI FINANZIARI Financial Charges • Interest charges that State forecasts to pay during the year to satisfy its financial needs • Ex: Issue of Public bonds

  14. FONDI DA ASSEGNARE Founds to be allocated • The final destination is defined during the year based on the needs arising • Back-up funds • Special funds (coming from legal procedure ongoing)‏

  15. 2009 Italian State Budget

  16. 2009 Italian State Budget

  17. 2009 Italian Budget forecast • 500 M Euro to be spent in 2009 • Little room to move – to invest • very slow machine, steady low speed every year • 63% distributed costs (286 M Euro)‏ • Obliged to pay (social security, local administration)‏ • 18% To cover public debt (80 MEuro)‏ • 19% Public costs (89 MEuro Retributions out of 91 MEuro)‏

More Related