BOOK IV: REGIONS WITH SPECIAL STATUS AND THE CORSICAN COMMUNITY

The accumulated result defined in article D. 4425-25 is allocated, when it is a surplus: 1° As a priority, to reserves to cover the financing requirement of the investment section arising at the close of the previous financial year; > 2° The balance is transferred to the operating surplus carried forward or to additional reserves. Where there is a deficit, it is added to the operating expenditure for the year….

For the application of article L. 4425-15, when the investment section of the budget shows a surplus, the following may be taken back into the operating section: -the proceeds from the sale of a fixed asset received as a gift or bequest, provided that it is not expressly allocated to investment; > -the proceeds from the sale of a fixed asset received as a gift or bequest, provided that it…

The documents mentioned in the penultimate paragraph of Article L. 4425-17 are made available online on the website of the Corsican regional authority, where such a website exists, under conditions guaranteeing: 1° They are fully accessible and in a non-modifiable format; > 2° They are free and easily accessible to the public, both for reading and downloading; > 3° Their conformity with the documents submitted to the Assembly of Corsica;…

The summary data on the financial situation of the Corsican local authority, provided for in 1° of Article L. 4425-18, include the following ratios: 1° Real operating expenditure / population; > 2° Actual operating revenue/population; > 3° Gross capital expenditure/population; > 4° Outstanding debt/population; 5° Global operating grant/population; > 6° Staff costs/real operating expenditure; > 7° Real operating expenditure and net debt/ population; 7° Real operating expenditure and annual capital…

I.-For the application of article D. 4425-30: a) The population to be taken into account is the sum of the total populations, municipal and counted separately, of the Corsican local authority, as it results from the last known census on the date of production of the budget documents; b) Real operating expenditure refers to all expenditure for the financial year resulting in real movements. However, for the application of 1°,…

The statements annexed to the budget documents pursuant to article L. 4425-18 are as follows: I.-Statements annexed to the budget and the administrative account: 1° Tables summarising the status of borrowings and debts; 2° Presentation of provisions; > 3° Presentation of the methods used to calculate provisions 3° Presentation of the methods used for depreciation; 4° Presentation of the balance of financial operations; 5° Presentation of the statement of charges…

The certified accounts referred to in article L. 4425-19 are certified by an auditor for bodies subject to the obligation to certify their accounts and by the chairman of the body concerned, for bodies not subject to such an obligation. .