Russia: Budget of Nizhny Novgorod will increase by 320 million rubles

Deputies of City Council have adopted budget amendments with the help of distance voting.

14.Aug.14 9:26 AM
By Abigail Richards
Photo Toinnov.com

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Russia: Budget of Nizhny Novgorod will increase by 320 million rubles

Income and expenses of city budget have increased by 320 million rubles. According to data that was provided by pravdapfo.ru website some of these funds will be spent on resettlement of people who are involved in emergency background.

Deputies of City Council have adopted budget amendments with the help of distance voting. This fact was confirmed by Director of Financial Department Svetlana Utrosina during weekly operational meeting on the 11th of August. At the same time the Head of City Administration Oleg Kondrashev said that i9ncome part of city budget will be increased by 320 million rubles.

Some of these funds will be spent on resettlement of people who are involved in emergency background as well as repairing of schools, kindergartens, construction of blocks of flats, developing of infrastructure for the upcoming FIFA World Cup 2018.

85% of 319 714 000 rubles consist of personal funds and low-budget transfers. At the same time the level of deficit is on the same level. It consists of 1 849 817 348,54 rubles.

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