Primary budgets

The original budget details the Department’s budget choices for the coming year. It is presented and put to the vote of departmental councillors by the President of the Departmental Council as Head of Executive and Head of Departmental Administration. The primary budget is the first mandatory act of the community’s annual budget cycle. It must be voted by the deliberative assembly before 15 April of the year to which it relates (Law of 2 March 1982) and transmitted to the representative of the State within 15 days of its approval. By this act, the authorising officer is authorised to carry out the revenue and expenditure operations entered in the budget for the period from 1 January to 31 December of the calendar year. This principle of budgetary annuality includes some adjustments to take account of operations planned and initiated but not resolved at the end of the year. From an accounting point of view, the budget is presented in two parts, an operating section and an investment section. Each of these sections must be presented in balance, with revenue equalling expenditure. The operating section outlines all expenditure and revenue transactions required for the day-to-day management of community services. The surplus of revenue over expenditure generated by the operating section is used as a priority for the repayment of capital borrowed by the community, the surplus constituting self-financing that will allow the financing of the investments planned by the community. The Investment Section presents new or ongoing investment programmes. This expenditure is financed from the community’s own resources, through allocations and grants and possibly by borrowing. The investment section is by nature the one that is intended to modify or enrich the community’s heritage. **Lexic** GOLD Actual transactions (referred to as actual fund movements) OE Order movement (depreciation and transfer between sections) OI Asset management order movement Function Chapter identified in the budget and accounting instruction of the departments (M57) Functional heading Subdivision of a function **Specific comments** Order movements do not imply actual cashing or disbursement in contrast to actual movements. [From BP 2022 Nomenclature M57. Until 2021 nomenclature M52](https://www.collectivites-locales.gouv.fr/finances-locales/le-referentiel-budgetaire-et-comptable-m57)