The budget of the city for 2013 was €7.6 billion, of which 5.4 billion went for city administration, while €2.2 billion went for investment. The largest part of the budget (38 percent) went for public housing and urbanism projects; 15 percent for roads and transport; 8 percent for schools (which are mostly financed by the state budget); 5 percent for parks and gardens; and 4 percent for culture. The main source of income for the city is direct taxes (35 percent), supplemented by a 13-percent real estate tax; 19 percent of the budget comes in a transfer from the national government.
What percent of the budget goes towards public housing and urbanism projects?
38