Financial Review of Pomorie Municipality Reveals Details for the Budget Year

11.07.2025 | Oversight and accountability

The official documents of the municipality present a detailed analysis of financial performance for 2024, covering revenues, expenses, and cash execution with precise accounting reports.

Снимка от Pexels

The Municipality of Pomorie has published a comprehensive financial package that provides a detailed picture of the budget processes during the past calendar year. The documentation includes seven key components that thoroughly reveal the economic condition of the local administration.

A primary element in the presented materials is the title page, which serves as an introduction to the overall financial report. The next section presents the balance sheet as of the end of 2024, expressed in key financial values - thousands of leva.

Particularly significant is the income and expenditure report, which provides precise information about the municipality's cash flows. Alongside it, a detailed report reveals the budget's cash execution, including funds from European structural funds and foreign asset accounts.

The explanatory note as of December 31, 2024, complements the quantitative data with a qualitative analysis of financial processes. It explains the context of the numbers and provides an in-depth interpretation of budget results.

The supplementary information to the annual financial report provides additional information that helps better understand economic indicators. They serve as an important source of transparency for the local community.

A key element in the documentation is the independent audit report from the Court of Auditors, which guarantees the credibility of the presented financial statements. This document provides additional legitimacy to the financial reports.