Public finance, budgetary principles, LOLF, financial laws, budget universality, annuality principle, State budget, local authorities, financial balance
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Abstract
This document outlines key budgetary principles and rules governing the control of Parliament and deliberative Assemblies, including the principles of balance, speciality, and universality.
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[...] presided by the President of the Court of Auditors. II- The principle of Unity Unité : All expenses and all revenues of a public entity must be included in a single document. Its purpose is to ensure transparency and parliamentary control in order to have a comprehensive view of revenues and expenses to know if the balance is well respected. However, this principle has derogations such as: - The existence of budget annex : Allow for individualized tracking of certain activities and services. [...]
[...] They receive earmarked revenues. They were rationalized by an ordinance of 1949 and the LFI placed them in 4 categories: ? Special Assignment Accounts ? Specific follow-up of a domain ? The Commercial Accounts ? The Monetary Operations Accounts ? Financial Competitions Accounts - Exemption from the principle of non-allocation as the purpose is to follow special allocations IV- The principle of speciality The budget is an act of authorization and forecasting. For the authorization to be viable, it must be for a sufficiently precise unit that allows parliamentary control. [...]
[...] - The State The principle of balance is more of an objective ? Article 1he of the LOLF : « The financial laws determine, for a financial year, the nature, amount and allocation of the resources and charges of the State, as well as the budgetary and financial balance that results from it ». The rule of balance implies for the State that one must define how expenses will be financed and if necessary, resort to borrowing to finance them. One finds the objective of balance within the framework of the programming laws of the FP which must strive for a return to balance. [...]
[...] The Court of Auditors defines budgetary sincerity as the result of 2 characteristics: the use of all available relevant information + reasonable forecasts regarding the determinants of revenues and expenses. - Thus, there is the certification of the State's accounts by the Court of Auditors constitutional revision of 23 July 2008 has been given to the principle of sincerity a general scope by adding a article 47-2 to the Constitution based on the principle that: "The accounts of public administrations are regular and sincere. [...]
[...] Derogations Rectificative Finance Law which comes in the course of the year to modify the provisions of the initial finance law (either to mark a change in orientation, or to adjust or take into account the economic context). Presentation in the form of authorization of commitment payment credit) ? The rule of annuality is binding, so we have developed authorization of commitment that allows us to project over several years a policy or an equipment. Additional Period ? If not enough time to make all the writings before the end of December, so we leave to a third of operation a period / day additional. [...]
