Provincial finances from 1900

Provincial finances from 1900

Periods Revenues and expenditure provinces Revenues Total revenues (million euros) Revenues and expenditure provinces Revenues Revenues current accounts Total revenues current accounts (million euros) Revenues and expenditure provinces Revenues Revenues current accounts Levies (million euros) Revenues and expenditure provinces Revenues Revenues current accounts Other revenues (million euros) Revenues and expenditure provinces Revenues Revenues capital accounts (million euros) Revenues and expenditure provinces Expenditure Total expenditure (million euros) Revenues and expenditure provinces Expenditure Expenditure current accounts (million euros) Revenues and expenditure provinces Expenditure Expenditure capital accounts (million euros) Revenues and expenditure provinces Balance of revenues and expenditure (million euros) Debt at year-end Total debt at year-end (million euros) Debt at year-end Long-term debt (million euros) Debt at year-end Short-term debt (million euros)
1900 3 2 . . 1 3 2 1 0 . 7 .
1910 9 5 . . 4 9 7 2 -1 . 11 .
1920 26 22 . . 4 30 17 14 -4 . 66 .
1930 48 40 . . 9 54 37 17 -6 120 109 11
1940 78 56 . . 22 73 52 21 5 169 130 39
1950 94 56 . . 37 94 52 41 0 231 144 87
1960 173 93 . . 79 181 114 67 -9 350 246 104
1970 679 594 . . 85 785 524 261 -106 1,021 770 251
1980 2,041 1,746 49 1,697 295 2,073 1,671 402 -32 2,064 1,689 375
1990 3,496 3,056 205 2,851 440 3,425 2,986 439 71 2,312 1,528 784
2000 3,490 2,752 752 2,000 738 3,386 2,578 808 104 2,232 947 1,285
2010 7,369 6,125 1,451 4,674 1,244 8,017 5,624 2,393 -649 5,105 537 4,568
2016 7,092 5,811 1,587 4,225 1,280 6,423 4,152 2,271 669 4,232 485 3,748
2017 6,828 5,666 1,634 4,032 1,162 6,630 4,445 2,184 199 4,222 447 3,775
2018* 6,194 5,239 1,673 3,566 955 6,614 4,644 1,969 -420 4,219 406 3,813
Source: CBS.
Explanation of symbols

Table description


This table contains figures on revenues, expenditures and debts of provinces as of the year 1900, in millions of euros. The figures have been collected from previously published tables on provincial finances and have been based on annual realisation figures. The data presented were taken from the annual accounts and the balance sheets of the respective provinces, and match as closely as possible the definitions and classifications used by the provinces themselves in their administration.

Important events:
2008 - As of January 2008, transfers received in advance from European and Dutch governments with a specific spending purpose (. e.g. the construction of new infrastructure) to cover expenses in future years are included in the balance sheet in a different way. From that year onward, these received transfers are included under deferred liabilities. The received transfers were previously booked under the provisions.
This led to a break in the figures of the relevant balance sheet items from 2007 to 2008.
2009 – Provinces sold their shares in the energy companies Essent and NUON. The result of this transaction was nearly 13 billion euros in revenue.
2013 - Mandatory Treasury Banking was established by the government. From the end of 2013 onwards, all public authorities must hold their surplus assets with central government (Treasury Banking Act). As an alternative to keeping surplus funds in the treasury, local governments may opt for using these funds to provide loans to each other.
2014 – Provinces sold their share in waste processing company Attero.
2015 - All youth care tasks were transferred from the provinces to the municipalities. In addition in 2015, the task of regional accessibility around large cities (with the exception of Amsterdam and Rotterdam) was transferred from the plus regions (local intergovernmental organisations) to the provinces. On balance, these two changes led to lower revenues and lower expenses for the provinces.
2016 - The balance of accounts of expenditure and revenue was almost 700 million euros positive in 2016. This positive balance of accounts is partly due to a change in the system for the Provincial Fund. As of 2016, the target payment (BDU) towards traffic and transport became part of the Provincial Fund. With this change, all central government grants received must be accounted for as fair value and not just the part for which expenses are also accounted for (according to BBV regulations).
2017 - In 2017, the regulations concerning the BBV were renewed. As a result of this renewal, the template for the Information for Third Parties (Iv3) was changed. With regard to this table, this renewal has not led to a break in the series.

Status of the figures:
The figures in this table are provisional at the time of first publication. Upon the second publication one year later, the figures will become definitive.

Changes as of 12 June 2020:
None, this is a new table.

When will new figures be published?
The new figures from the provincial accounts are published no later than 15 months after the reporting period.
The figures can be adjusted on the basis of the availability of new or updated source material. In general, the adjustments are small. The adjustments are made the moment a new annual figure is added to the series.

Description topics

Revenues and expenditure provinces
Revenues
Revenues related to the relevant period.

The revenues are recorded excluding internal settlements.
Total revenues
Revenues related to the relevant period.

The revenues are recorded excluding internal settlements.
Revenues current accounts
Total revenues current accounts.
The part of the revenues that is recorded on the current account.

On the current account, revenues are recorded onto the working balance of the current year. This includes interest income, sales of goods and services and received transfers. Super dividends and book profits are also included in the current account.

The bulk of the provincial income consists of the general payments General Provincial Fund, other central government target payments and the provincial levies received.
Total revenues current accounts
The part of the revenues that is recorded on the current account.

On the current account, revenues are recorded onto the working balance of the current year. This includes interest income, sales of goods and services and received transfers. Super dividends and book profits are also included in the current account.

The bulk of the provincial income consists of the general payments General Provincial Fund, other central government target payments and the provincial levies received.
Levies
Payments imposed by provinces. Levies include taxes and fees.

Tax:
Mandatory and unrequited payments imposed by government, without a direct counterpart. The revenue is part of the general resources of governments.

The taxes of provinces mainly consist of the surcharge motor vehicle tax.

Fee:
Payment levied by government according to general principles for a concrete service it provides. The revenue has to be spent on a prescribed purpose.
Other revenues
Revenues from rentals, leases, sales and received transfers from other governments or central government. Interest income and dividend received also belong to this category.

The majority of the other revenues consists of the general payments General Provincial Fund.
Revenues capital accounts
The part of the revenues which is registered in the capital accounts.

The revenues from the capital account includes the revenues from the sale of (in) tangible fixed assets, the consumption of fixed capital (depreciation) and the revenues from land sales. In addition, the investment grants received from third parties are also included in the revenues from the capital account.
Expenditure
Expenditure related to the relevant period.

The expenditures are recorded including the consumption of fixed capital and excluding internal settlements.
Total expenditure
Expenditure related to the relevant period.

The expenditures are recorded including the consumption of fixed capital and excluding internal settlements.
Expenditure current accounts
The part of the expenditure that is recorded on the current accounts.

On the current account, expenditures are recorded related to the working balance of the current year. This includes compensation of employees, interest charges, purchase of non-durable goods and services (including energy costs and costs of hiring staff) and paid current transfers, as well as consumption of fixed capital.
Expenditure capital accounts
The part of the expenditure that is registered in the capital accounts.

The expenditure from the capital accounts includes capital formation in fixed assets and changes in inventories including valuables, paid investment grants to governments and third parties and purchases of land.
Balance of revenues and expenditure
Balance of revenue and expenditure. A positive figure indicates a surplus, a negative figure indicates a deficit.
Debt at year-end
The balance position of the debt of the provinces at the end of the year.
Total debt at year-end
The balance position of the debt of the provinces at the end of the year.
Long-term debt
Long-term debts are all credits, which do not have the characteristics of deposits and which do not mature within one year.

The long-term debt or liabilities include the fixed liabilities (bond loans, private loans, funds invested by third parties and guarantee deposits).
The liability is valued at nominal value.
Short-term debt
Short-term debts or liabilities are all credits, which do not have the characteristics of deposits and which mature by contract within one year.

The short-term liabilities includes the current liabilities and the deferred liabilities.
The liability is valued at nominal value.

As of 2008, received transfers in advance from European and Dutch governments with a specific spending purpose (i.e. the construction of new infrastructure) to cover expenses in future years are included in the balance sheet differently. From this year, these received transfers are included under deferred liabilities. The received transfers were previously booked under the provisions.