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The budget will come out as a long list of amounts sold and amounts bought.
The bulk of Rome's €7m budget will come from private investors, he said.
Further changes flagged in the 2018 budget will come in over the next two years.
The department's budget will come down to £1.1bn by 2014-15.
The rest of the budget will come from public sources to cover expenses for police, fire and other city services.
That level of spending will not fall significantly before 2020; negotiations on the next seven-year budget will come to a head later this year.
Similar(31)
"Leisure budgets will come under huge pressure.
But all 27 member states' budgets will come under close scrutiny in a "peer review" process.
Each of these budgets will come up for a vote of the full House next week.
But it is not clear where the budget cuts will come, nor how cooperative congress will be.
The government still maintains that the budget deficit will come out below 3 per cent this year, but the OECD thinks it will be 3.3 per cent this year and 3.8 per cent next.
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