Spending is estimated at RON4.91, which means a deficit of RON268 million.
The budget approval did not occur quietly, with Mayor Sorin Oprescu announcing he would not sign the budget because it had been modified by the councilors from PDL (Democratic Liberal Party), PNG (New Generation Party) and PRM (Greater Romania Party), while councilors of opposition alliance USL and the mayor withdrew from the meeting before the vote.
The mayor complains that the RON1.4 billion in investment spending provided for in the draft budget had been transferred to subsidies, which account for as much as a quarter of the expected revenues of RON4.6 billion. (EUR1=RON4.3712)
(English version by Daniela Stoican)