Paris welcomes its subsidiary budget 2014

From AFP | AFP -

City of Paris on Monday received an additional budget (BS) in 2014, talking about the new operating costs of € 143 million and € 73 million additional investment.

"To meet the continuing crisis in the financing of undertakings, in this budget is based on a combination of usability and the ambition of the system on the basis," said the mayor of Paris Anne Hidalgo, in his keynote address.

New editions will be "reduced to 73 million euros, compared to € 121 2 013 126 000 000 BS 2012 BS," _ the City.

The budget contains no borrowing or increased tax rates.

Additional investment includes funding for full performance of diesel sedans and Breaks (5,000,000) before the big transport projects and the development of smooth motion studies (6 million euros) and the first phase of a plan to to the maintenance and security (5 million €) to improve focus.

Close to 5.7 million euros will be allocated for compensation, and the amount of contributions, Paris € 2014 383 million, 85 million more than in 2013, says Ms. Hidalgo.

"The protection of the most vulnerable to budget line" will be auctioned at 14 million euros, including the "RSA receiver" and "foreign children".

UMP President Nathalie Kosciusko-Morizet, reported in the press in the 2014 budget, "false" and accused the city does not support the level of investment is really needed.

Note from the Finance June, Mrs Kosciusko-Morizet, condemned the "dirty trick (...) in the budget of 400 million euros in 2014."

. "This work shows that the investment in the program is not financially viable in the nails of the recipes and recent proposal (the director) said programmed" I suggest you keep only 60% "of the planned investment. What to do in the city? Has maintained an investment of 1.8 billion, but is not as 1, 4 billion received, "said the former minister.

"The problem is that (...) the city was quickly given the right 1.8 and is not in the request of the director of financial issues such as one containing 4 million," he continued, he said.

"This means that the budget was approved last fall was wrong," he said.

Mrs Kosciusko-Morizet expressed "concerns about the legality was in Paris" during the last years of the Prefecture of Paris, is responsible for the supervision of the city budget.

When asked by the press, critics of the local executive. "He said he costs that are not taken arise? She shows that," said Jean-Louis Missika deputy for planning, told reporters at a breakfast.

"He takes the prefects, (...) systematic reason for the government, the policy does," complained Anne Hidalgo.