CHAPTER I: Budgets and accounts

The operating result is the surplus or deficit for the year. For the purposes of appropriation, it is combined with the previous result carried forward, excluding any outstanding commitments. Outstanding commitments from the operating section at the end of the financial year correspond to expenditure that has not been mandated and has not been attached, as well as certain revenue that has not given rise to the issue of a…

The accumulated result defined in article D. 72-101-11 is allocated, in the case of 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° For the balance, to the operating surplus carried forward or as an additional allocation to reserves. Where there is a deficit, it is added to the operating expenditure for…

If the administrative account has not been adopted by the date of the vote on the budget for the following financial year, when the result of the operating section, the financing requirement or, where applicable, the surplus of the investment section and the allocation forecast are carried forward, under the conditions set out in the fourth paragraph of Article L. 72-101-10, the entries in the budget are justified by the…

For the application of article L. 72-101-11, when the investment section of the budget shows a surplus, the following may be taken back to 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 budget investment. The recovery of this income is limited to…

The summary data on the financial situation of the territorial collectivity of Martinique provided for in the second paragraph of Article L. 72-101-14 include the following ratios: 1° Actual operating expenditure/population; 2° Direct tax revenue/population; 3° Actual operating revenue/population; 4° Gross capital expenditure/population; 5° Debt outstanding/population; 6° Overall operating grant/population ; 7° Personnel expenditure/ actual operating expenditure; 8° Actual operating expenditure and annual capital repayment of debt/ actual operating revenue;…

For the application of article D. 72-101-15 : 1° The population to be taken into account is the total population, municipal and counted separately, as it results from the last known census on the date of production of the budget documents; 2° Actual operating expenditure means all expenditure for the financial year resulting in real movements. However, for the application of 1°, expenditure corresponding to direct labour transferred to the…

The audited accounts referred to in Article L. 72-101-15 shall be certified by an auditor for bodies subject to the obligation to certify accounts and by the chairman of the body in question for bodies not subject to such an obligation.

The statements appended to the budget documents pursuant to article L. 72-101-14 are as follows: I. – Statements annexed to the budget and the administrative account : 1° Tables summarising the statement of borrowings and debts; 2° Presentation of the statement of depreciation and provisions; 3° Presentation of the methods used for depreciation; 4° Presentation of the balanced budget; 5° Presentation of the statement of charges transferred to investment; 6°…