2015 estimates (Linz)

The estimate of a local authority is a compilation of the expected budgetary revenue and expenditure due in the financial year concerned (financial year, management year, accounting year).

The estimate is the binding basis for the implementation of budget revenue and budget expenditure by the administration.

For third parties, the estimate does not give rise to any rights or obligations. The use of the term “proposal” not only serves the uniformity of the term, but also expresses the principle of “predictiveness”.

The estimate is drawn up in accordance with the current provisions of the Ordinance of the Federal Ministry of Finance, which regulates the form and structure of the estimates and financial statements of the Länder, municipalities and municipal associations (proposal and clearance of accounts Ordinance — “VRV”).

On the basis of the provisions laid down in the municipal regulations, the municipalities are obliged to draw up an estimate for each year, without prejudice to the planning beyond the financial year.

Ordinary revenue is revenue derived from the activity of each branch of administration and does not belong to the extraordinary revenue. They are usually administrative revenue, including fees, general coverage, for example tax revenue and withdrawals from reserves that have not been accumulated for exceptional needs.

Ordinary expenditure is the expenditure covered by ordinary revenue and therefore estimated in the ordinary estimate. These include, in particular, staff benefits, expenditure on office and law firm requirements, i.e. administrative and operational expenditure, and debt servicing.

Extraordinarily revenue is, in particular, income from borrowings and proceeds from the sale of assets. Other extraordinary revenues are also extracts from reserves accumulated for exceptional needs.

Extraordinarily expenditure is expenditure which, by their nature, is only isolated in the budget or significantly exceeds the normal level and is covered by extraordinary revenue.

Evidence of a special kind: The Preliminary and Financial Statements Ordinance (VRV) regulates which supporting documents of a particular nature are to be attached to the estimates and how they should be presented.