Municipal accounts: regular expenditure

The accounts of all the municipalities of Wallonia are drawn up 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 (changes in expenditure and revenue, etc.) and over time. The overall indicators of municipal expenditure listed on WalStat are: - The overall expenditure of the municipality (ordinary and extraordinary) per capita (in euros) - The municipality's ordinary expenditure per inhabitant (in euros) - Extraordinary expenditure of the municipality per capita (in euros) All expenditure indicators are based on the accounting entries for the overall financial year. In other words, on the amounts actually spent during the budget year and not on commitments. Revenue indicators refer to the concept of established net entitlements. An entitlement 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 Wallonia's local authorities.