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MOSCOW, October 13 The draft law on the Moscow budget for 2024 and the planning period 2025-2026 has been submitted to the Moscow City Duma, it will be considered no later than December 1, said the chairman of the city parliament Alexey Shaposhnikov on the Telegram channel.
“The main financial document of the capital has been submitted to the Moscow City Duma — the draft law “On the budget of the city of Moscow for 2024 and the planning period 2025-2026.” The procedure for considering and adopting the capital’s budget is regulated by the city law on the budget structure and budget process, according to which the Moscow budget for the next The financial year and planning period are considered no later than December 1 of the current financial year,” Shaposhnikov said.
He recalled that the document must be considered by the relevant commission on economic and social policy. Based on its results and if there is a corresponding conclusion from the Moscow Chamber of Control and Accounts, the draft budget is submitted to a meeting of the capital's parliament.
The Moscow government approved the bill on October 10. According to the project, budget revenues next year are planned in the amount of 4 trillion 289.8 billion rubles, expenses — 4 trillion 790.1 billion.
As in previous years, the budget will maintain a social focus: 50% of expenses will be directed to social support, healthcare, education, culture, sports and other social events.
More than 44% of the city budget expenditures will be allocated to the development budget in 2024. These funds will be used for the city's targeted investment program and development activities, including major repairs, the purchase of equipment, rolling stock, measures for the integrated development of districts, and the implementation of renovation programs.
The budget deficit in 2024 is planned at 500.3 billion rubles, it is planned to attract loans in the amount of up to 159.5 billion.