The accounts of the City of Paris certified by an auditor

The accounts of the City of Paris, vilified by the right-wing opposition which accuses the left-wing executive of “insincerity”, were certified by a private firm placed under the authority of the Court of Auditors, which nevertheless issues seven reservations, according to a report sent to AFP.

We are of the opinion that the accounts present sincerely (…) the heritage and the financial situation of the City of Paris as of December 31, 2021, writes the auditor of the accounting firm Grant Thornton.

This certification is part of an experimentation of the decentralization law, known as Notre, of 2015, in which 25 French local authorities participate. Paris thus becomes the second community whose accounts are certified from the first year, underlines the town hall.

Among the seven reservations expressed, the auditor points to the 314 real estate units presented in the accounts which are not traced in the physical inventory of land and buildings, the absence of finalization of the inventory of transport equipment and works of art or even the inadequacy of internal control procedures relating to the physical inventory of land, networks and road installations.

Subject to repeated criticism from the right-wing and center opposition, capitalized rents are also subject to a reservation, but only for those collected before 2016, when the last left-wing government authorized by derogation the PS mayor Anne Hidalgo require social landlords to pay the full rent over several decades to come.

For finance assistant (PS) Paul Simondon, who reacted to AFP, this reservation about the lack of a clear accounting framework from the 1970s until 2016 clearly demonstrates that there is no problem with rents capitalized since 2016.

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In November 2021, the government had warned the town hall that this exemption could no longer be granted beyond 2022, considering that it constituted a budgetary risk of headlong rush.

Between this certification made under the authority of the Court of Auditors and the report of the Regional Chamber of Auditors (CRC) which confirmed the cost of the health crisis for the City, which it figures at 1.2 billion euros, we have all that is necessary to no longer maintain the debate on completely annexed subjects, accusations of unregistered, estimates Mr. Simondon.

In November, the leader of the LR opposition, Rachida Dati, denounced the inconsistency of the 2022 draft budget and wrote to the State to suggest placing the City under budgetary supervision.

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