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The Government of Chukotka for 1 billion rubles increased the district budget 2014 year

The government of the Chukotka Autonomous Okrug made changes to the regional budget for 2014 year.

The income part of the main financial document of Chukotka will increase by 1,1 billion rubles, the expenditure part - by 960 million. This was announced by the head of the Department of Finance, Economics and Property Relations of the Chukotka Autonomous Okrug Andrey Mingazov at a plenary meeting of the 30th session of the District Duma.

- The increase in indicators and the introduction of changes to the regional budget is due to an increase in receipts from a number of tax revenues, including for the extraction of minerals. Also in Chukotka this year, the volume of funds allocated from the state corporation Fund for Assistance to the Reform of Housing and Utilities Sector and the receipt of funds from the federal budget for the elimination of inter-territorial cross-subsidization in order to contain tariffs for electricity generated by the Bilibino NPP were increased, - explained Andrey Mingazov.

In addition, the district budget will supplement the RF Government grant of more than 157 million rubles for the achievement of the best performance of executive bodies. This decision was made on the basis of the results of a comprehensive assessment of the effectiveness of the regional government conducted by the Ministry of Economic Development of Russia.

Thus, the revenue side of the region's budget for the current year may amount to more than 23,15 billion rubles.

Andrei Mingazov drew attention to the fact that the Government of the Chukotka Autonomous District provides all the expenditure obligations incurred, included in the approved budget of the year 2014. In particular, the social support of the population is fully implemented in the district. In addition, it is expected that this year will be fully implemented plan of measures to raise wages for employees of the public sector.

As the head of the department noted, the changes also suggest refinancing of the state debt of the Chukotka Autonomous District.

- Currently, the Government of the region plans to attract an additional budgetary loan in the amount of 3,9 billion rubles with a rate of 0,1% per annum, due to which other loans with a higher rate will be repaid, "Andrei Mingazov said.

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