The report of the Municipality of Milan

Demonstration of management results occurs through the Management Report, which includes the balance sheet account, the income statement, the balance sheet and the management report. 

  • The budget account demonstrates the final results of the authorization management contained in the annual budget compared to the forecasts 
  • the income statement highlights the positive and negative components of the entity's activity according to economic accrual criteria. It includes the assessments and commitments of the balance sheet account - adjusted in order to constitute the financial dimension of the economic values ​​referring to the relevant management - the non-existence and contingencies deriving from the management of residues and the economic elements not recognized in the balance sheet account 
  • the balance sheet records the results of asset management and summarizes the consistency of the assets at the end of the financial year, highlighting the changes that occurred during the same, compared to the initial consistency.

In Management Report, the Municipal Council expresses evaluations of the effectiveness of the action carried out on the basis of the results achieved in relation to the programs and costs incurred. The Report also highlights the criteria for evaluating assets and economic components. Finally, it analyzes the main deviations that occurred compared to the forecasts, justifying the causes that determined them.

“It is possible to consult the Report, together with the relevant attachments, always in the “Transparent Administration” section of the Site, always under “Financial Statements”, under “Estimated and final budget”, among the Attachments to “The Report of the Municipality of Milan”.
 

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year of production 2022
year of production 2021
year of production 2020
year of production 2019
year of production 2018

Updated: 12/06/2023