Town Council. The 2020 consolidated financial statement has been approved
Milan, 21 December 2020 – With 27 votes in favour, 4 against and 10 abstentions, the City Council approved the 2020 consolidated budget, i.e. the aggregation of the balance sheet and income statement of the Municipality's budget with the financial statements of its companies and entities. The operating result of core operations is positive for 426,6 million euros while the net result is 332,6 million euros. The Group's net worth is 332,6 million euros. The Municipality of Milan Group returns over 138 million euros in taxes to the national community, which represents an important benefit compared to the 450 million euros obtained in compensation.
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Updated: 21/12/2020