Budget Revenues

    The revenues of the Flemish Community amount to 58.5 billion euros in the 2024 initial budget (IB), which is 1.6 billion euros more compared to the estimate in the 2023 adjusted (AB).

    The major revenue items for the Flemish Community in the 2024 initial budget are:

    • Community and regional grants from the Special Finance Act (SFA): 57%
    • Gross supplementary income tax charge (surcharges): 17%
    • Regional taxes: 13%
    Revenues (2023-2024; in thousands of euros)
    IB¹ 2024 AB² 2023
    Gross supplementary income tax charge (surcharges) 9,966,220 9,573,667
    Regional grants SFA 3,440,039 3,427,390
    Community grants SFA 29,739,684 29,496,579
    Specific allocations 155,733 153,572
    Regional taxes 7,431,850 7,278,160
    Other income (allocated and non-allocated) 2,005,018 1,682,403
    Institutions consolidation circle 5,716,133 5,226,614
    TOTAL 58,454,678 56,838,385

    ¹IB: initial budget; ²AB: adjusted budget