Department of Budget, Accounting and Statistics

The FY2023 general budget proposal, the subordinate agency budget and consolidated tables of general budget proposal, and the second FY2022 supplementary budget proposal of Taipei Municipal Government have been submitted to Taipei City Council on July 29, 2022. The annual revenue for the FY2023 general budget proposal amounts to NTD173.86 billion, and the annual expenditure for FY2023 amounts to NTD177.72 billion, respectively showing increases of 1.74% and 3.58%, compared to those for the FY2022 general budget. The amount of the shortfall for the annual revenue and expenditure (NTD3.86 billion) and the debt repayment (NTD8.06 billion) total NTD11.92 billion which will be financed with the surplus of previous fiscal years.

The annual revenue for the FY2023 subordinate agency budget proposal amounts to NTD280.42 billion while the annual expenditure for FY2023 amounts to NTD265.76 billion. Compared to those for the FY2022 subordinate agency budget, the annual revenue and expenditure show the decreases of 13.67% and 14.44%, respectively. The surplus is NTD14.66 billion and indicates an increase of 3.24% when compared to that for FY2022.

The net annual revenue and expenditure for the second FY2022 supplementary budget proposal amount to NTD8.84 billion and NTD10.34 billion in addition, respectively. The amount of the shortfall for the net annual revenue and expenditure (NTD1.50 billion) will be financed with the surplus of previous fiscal years.