Nin Leads Croatia in Terms of Budget Revenue and Surplus

Lauren Simmonds

Nin leads the way.

Nin had a remarkable increase in revenues and budget surpluses by selling large areas of land to the Plodine trade chain, as well as through donations collected for damage compensation from last year’s devastating floods.

As Morski writes on the 12th of October, 2018, in addition to Nin, revenues of more than 10,000 kuna per capita has been seen only in Novalja, while six cities have revenues higher than nine thousand kuna per capita, and five boast revenues of between eight and nine thousand kuna.

32 Croatian cities have typical revenues of between three and four thousand kuna per capita, and ten cities on the very bottom of the list have typical revenues of below one thousand kuna per capita. This analysis shows that the best income is still being achieved by cities on the coast by far.

According to the analysis of the budget execution of cities published by the Public Finance Institute, in the year 2017, Nin had the highest per capita income, but also the biggest surplus per citizen. Thus, Novalja was removed from the proverbial throne in terms of per capita income, as Novalja had the highest per capita income back in 2016. Just like last year, the analysis showed that the largest per capita income, as well as revenue in total, was realised by cities located along the coast.

Namely, the IFJ analysis showed that the City of Zagreb, with 6.57 billion kuna, realises almost 42 percent of the total income of all cities, meaning that the capital of the country, which actually has a county status, is unlikely to be comparable with other cities. Split was strongest in terms of total revenue with 792 million kuna, and Rijeka followed with 671 million kuna. Dubrovnik followed with 401 million kuna, and in fourth place is a continental city – Osijek, with 387 million kuna, while in fifth place came Zadar, with 362 million kuna.

Nin, with less than three thousand inhabitants leads by the total per capita income in 2017, with 13,600 kuna per capita, amounting to nearly 40 million kuna in total. Gradonacelnik.hr’s analysis therefore shows that Nin is far ahead of the others.

Otherwise, 62 cities across Croatia recorded a surplus, while 68 were in deficit, with Zagreb excluded from this particular research.

 

Click here for the original article by Gradonacelnik.hr

 

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