The FY2025 General Budget Proposal of Taipei Municipal Government Has Been Approved by Taipei City Council on January 10, 2025
The FY2025 general budget proposal with the subordinate agency budget and consolidated tables of the general budget proposal, and the second FY2024 supplementary budget proposal of Taipei Municipal Government have been approved by Taipei City Council on January 10, 2025. The annual revenue for the FY2025 general budget proposal amounts to NTD204.42 billion, and the annual expenditure for FY2025 amounts to NTD202.12 billion, respectively showing increases of 6.44% and 5.98%, compared to those for the FY2024 general budget. The surplus of the annual revenue and expenditure is NTD2.30billion. Due to the debt repayment with NTD9.24 billion, the short will be financed with NTD6.94 billion for the surplus of previous fiscal years.
The FY2025 subordinate agency budget and consolidated tables of the general budget proposal of Taipei Municipal Government have been approved by Taipei City Council on January 10, 2025. The annual revenue for the FY2025 amount to NTD 239.24 billion while the annual expenditure for the FY2025 amount to NTD 232.57 billion. Compared to those for the FY2024 subordinate agency budget, the annual revenue and expenditure show the decreases of 8.68% and6.98%, respectively. The surplus is NTD 6.67 billion and indicates a decrease of 44.23% when compared to that for FY2024.
The net annual revenue and expenditure for the second FY2024 supplementary budget proposal amount to NTD13.64 billion and NTD12.39 billion in addition, respectively. The surplus of the net annual revenue and expenditure is NTD1.25 billion, which will have less using the surplus NTD 0.83 billion of previous fiscal years for FY2024 general budget and show a surplus amount NTD 0.42 billion.