Subordinate Agency Budget and Consolidated Tables of General Budget of Taichung Municipal Government, FY2024

1. Budgeting

There are23 special funds in total in the Subordinate Agency Budget and Consolidated Tables which are classified and summarized under Enterprise Funds, Operations Funds and Special Revenue Funds. The consolidated table is prepared to realize the government's policies and plans and strengthen the service for the citizens, in order to improve public welfare and municipal construction, and properly plan the overall financial resources.

Subordinate Agency Budget and Consolidated Tables of General Budget Proposal of Taichung Municipal Government, FY2024 were completed by the deliberation of the Taichung City Council on December 25 , 2023,  passed and promulgated and implemented in accordance with regulations.The statutory budget for 2024, the income (source)  is NT$135.196 billion, and the expenditure is NT$99.698 billion (F/A, long-term investment and I/A of Enterprise Funds and  Operations Funds are NT$9.618 billion).

2. Budget of business Revenue and Expense of Enterprise Funds, Operations Funds and Special Revenue Funds for the period:

(1) Enterprise Funds (2 funds including that of Fengyuan Agriculture Production Co., Ltd.) will have total revenue of NT$573million and total expenses of NT$1.307billion; the Net Loss of NT$734million for current the period.

(2) Operations Funds (11funds including Taichung City Urban Land Consolidation Plan Fund, etc.) will have total revenue of NT$63.273 billion and total expense of NT$17.661 billion; the Surplus of NT$45.612 billion for current period.

(3) Special Revenue Funds (10 funds including Taichung City Local Education Development Fund,etc.) will have an income of NT$71.349 billion and an expenditure of NT$71.113 billion; the Surplus of NT$236 million for current period.

3. Budget for earnings distribution and loss compensation of Enterprise Funds, Operation Funds and Special Revenue Funds:

(1) Enterprise Funds:

1. Fund with earnings in the year: The Net Profit for the period will be NT$0.9million and the Accumulated Profit will be NT$47million; the Legal Reserves from earnings will be NT$0.09 million, and the Unappropriated Retained Earnings will be NT$47million.
2. Fund with a loss in the year: The Net loss for the current period will be NT$735million and the Accumulated Loss will be NT$2.710billion; the Loss to be Made-up will be NT$3.445 billion.

(2) Operation Funds:

46. Fund with a surplus in the year: The Surplus for Current Period will be NT$46.373 billion and the Unappropriated Surplus for Prior Period will be NT$23.368 billion; the balance of surplus Appropriations including Make-up of Accumulated Deficits NT$851 million, and Net Submitted to Treasury in Taichung will be NT$15.855 billion; the Unappropriated Surplus will be NT$39.186 billion.
47. Fund with deficits in the year: The Deficits of Current Period will be NT$761 million and the Deficits to be Made-up for Prior Period will be NT$141million; NT$851 million will be Coverage from surplus for Make-up of Deficits, and the Deficits to be Make-up will be NT$52 million.

(3) Special Revenue Funds:

The Fund Balance at the beginning of the period is NT$26.483 billion, the Surplus in the period will be NT$236 million, and the Fund Balance at the end of the period will be NT$26.719 billion.