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The income budget

The income budget represents an assessment of the financial means at the German-speaking Community’s disposal for a fiscal year.

The following documents, which are related to the income budget, are submitted to the parliament:

  • A normative or imperative part,
  • A draft budget presenting an overview of the grants,
  • General comments.

 

The incomes of the German-speaking Community are mainly composed of:

  • The grant of the Federal State: a global amount transferred from the Federal State to the community every year. The grant of the federal State is adapted to
    - the fluctuation rate of the consumer price index;
    - the GNP increase and
    - the increase of the number of pupils.
  • Grant in charge of the Walloon Region concerning the transfer of regional competencies;
  • Incomes that do not come from taxes (interests from reserves, donations, bequests, etc);
  • Possible loans;
  • Possible taxation: In theory, the German-speaking Community has the right to levy taxes. In practice, this right is confined to matters for which no other institution has been appointed to carry out this task;
  • Project-related subventions: the German-speaking Community can be subsidized by other bodies (e.g. by the European Community concerning Interreg) for some projects (e.g. measures promoting employment creation, international tourist infrastructure.);
  • Incomes falling to funds (variable sums).


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