The finances of Le Mans metropolis are “solid”

The finances of Le Mans metropolis are “solid”
The finances of Le Mans metropolis are “solid”

The 2023 accounts of Le Mans metropolis were on the agenda of the council meeting this Thursday, June 27, 2024. Let’s not prolong the suspense any longer, the finances of the metropolis are healthy. And this despite the continuing effects of the economic crisis in terms of inflation on many supplies and services specifies the metropolis, which has also supported its member municipalities to the tune of €2.9 million in 2023 by covering up to 30% of energy costs.

A very short debt reduction capacity

Thus, the increase in the price of energy, but also the increase in the wage bill contributed to the increase in operating expenses by more than 10%. But revenues have also increased, particularly tax revenues: although the metropolis has not increased its tax rates, the increase in bases decided by the State has generated additional tax revenue of €8 million.

The metropolis maintains a high level of investment, with nearly €71 million spent in 2023 across the entire metropolitan territory (70% of planned investments have been made). In particular €1.7 million for projects carried out by member municipalities in favor of the energy transition, but also €3.8 million for the redevelopment of the Cordelet-Voltaire sector in Le Mans, €3.3 million for the future shopping center des Sablons, €2.1 million for the Ambroise-Paré medical center, still in Le Mans.

The 2023 administrative account results in a surplus overall result of €50 million, net savings of €55 million, a debt level of €32 million, which will decrease assures Stéphane Le Foll, president of the metropolis, and a debt reduction capacity of nine months. It doesn’t exist anywhere else, whether in larger or smaller communities says Stéphane Le Foll, speaking of a financial solidity and guaranteed investment capacity .

How much does Le Mans sound cost?

The elected environmentalists, looking at the additional budget (expenses in addition to the forecast), noted expenses concerning Le Mans sound (100,000 and 150,000 €). This event took place in January 2024, with the arrival of Jean-Michel Jarre to inaugurate the sound dome financed by the metropolis. Hence their request, formulated by Isabelle Sévère: We would like to have a summary of expenses,”believing that the numbers are scattered .

Stéphane Le Foll puts forward the figure of €700,000 for the construction of the dome, lower than forecast, but more expenses concerning security during the event, and assures that he will provide details. These investments in acoustics and sound will, I hope, enable us to obtain resources from the State. . With a goal: Making Le Mans the capital of sound.”

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