local budget - a centrally-formed financial fund of the municipality, as well as the process of its formation, the formation, approval and execution.Control over its execution is carried out by local authorities on their own.The composition may include estimates of the cost of individual territories and settlements, which are not municipalities.
local budget formed by the fixed law of sources for each level.The fund budget received local taxes, deductions transferred bodies of state power in the execution of certain powers, revenues from privatized property, the lease of municipal property objects, subventions, grants, tranfertnyh payments and others.
relationship between the budget is carried out by transferring funds from theSome funds of funds in the other: the higher the downstream allocate special funds, etc.The purpose of this regulation is the allocation of sources between the budgets of different levels.
local budget may include a target and reserve fund that can be transmitted for the implementation of various social, environmental and economic programs, etc.The relationship between the budgets are regulated by either fixing them in regulations, or by the signing of agreements on the division of powers of the state and regions.
revenue and expenditure, which includes the local budget, separately reflect the funding and implementation of the local authority as the federal subjects of the Russian Federation.
Local taxes and benefits on them are set by local authorities themselves.Replenishment of local funds is possible with referendums considering the opinion of the local population in the form of one-time voluntary contribution of funds residents.The fee for the use of natural resources extracted in the municipal territory, also goes to the local budgets.Extra-budgetary funds may be formed under the conditions and in the manner prescribed by the laws of the Russian Federation.
If these sources are insufficient, state, federal authorities and the authorities of subjects of the Russian Federation may transfer to local authorities other sources of revenue budgets of higher level.In assessing the minimum level of local budget carry-overs from previous years are not taken into account.
costs of local budgets are determined directly by local governments.They must provide for the basic needs of the population at the level of social standards.The funds are to be used to exercise public authority, subject to annual budgets in all Russian regions.Changing these expenditures controlled by the federal bodies of state power.If the decision of the authorities of higher level leads to an increase in expenditures of the local budget, these funds offset by authorities to make such a decision.
State ensures that the local budget is determined by their own local authorities, who have the right freely to determine the uses of these funds.The same applies to the disposal of the remnants of funds, formed at the end of the year.Budgetary regulation is carried out according to minimum social standards, norms and standards of budget sufficiency.
local budget expenditure part of the budget is divided into current and development.The first group includes the financing of capital construction, investing in major projects, the costs of the housing and communal services, environmental protection, maintenance of educational process, health, science, culture, sports, etc.The second - the allocation of funds to finance the costs necessary to the extended reproduction: investments in authorized capitals of enterprises, loans to support small businesses, socio-economic development of the territory, environmental programs, and others.
