The Ministry of Finance of Crimea summed up the results of work for 9 months. Tasks for completing the current year have been outlined

Particular attention was paid to the implementation by the municipalities of the republic of local budgets as of October 1, including the terms of the Agreements on measures for socio-economic development and improvement of municipal finances and the implementation of the activities of the Program for the improvement of public finances of the Republic of Crimea for 2024, the results of the implementation of the revenue part of local budgets in terms of interaction with the tax service, as well as the peculiarities of the execution of the republican budget in the current year.

Speaking with a report on the topic: “Execution of the consolidated budget of the Republic of Crimea for 9 months of 2024,” Deputy Prime Minister — Minister of Finance of Crimea Irina Kiviko noted that the republic’s own budget revenues increased almost 5 times over the 10-year period (from 25.7 billion rubles in 2014 to 122.6 billion rubles (forecast) in 2024. In terms of expenses for 9 months, the execution amounted to more than 315 billion rubles, with an increase of almost 3 times compared to 2014. This year, 162.7 billion rubles are allocated for the social and cultural sphere, in 2014 — 53.6 billion rubles, with an increase of 3 times. Large-scale work continues to develop the region’s infrastructure. Expenditures aimed at developing housing and communal services increased by 22 times — from 1.6 to 35.3 billion rubles, the economy (roads, agriculture, water, forestry, transport, fuel and energy complex) — by 1. .7 times – from 50 to 85.6 billion rubles (details in presentations).

Such significant growth is associated with a set of measures carried out by the Crimean government to mobilize the republic’s own revenues, which made it possible to ensure positive dynamics of financial indicators and stable execution of budgets at all levels— said the chief financier of Crimea at the board meeting.

The Deputy Prime Minister drew attention to the fact that in general, for 2024, the volume of tax and non-tax revenues received from the consolidated budget of the republic was approved in the amount of 106 billion rubles. Over 9 months, regional and local budgets received 90.3 billion rubles, or 85.2% of the approved figures. Compared to the same period last year, revenues increased by almost a third. According to preliminary estimates, the forecast for the receipt of own income will be 122.6 billion rubles, exceeding the approved indicators by 15.7%.

The growth in revenues this year made it possible not only to solve the tasks set by the Government of the Republic, but also, according to preliminary estimates, to complete the financial year with a significant reduction in the budget deficit, due to which it is planned to maintain budget balances in the single accounts of the consolidated budget at the beginning of the next year,” emphasizes Irina Kiviko.

Having focused on the implementation of the terms of the Agreements by municipalities of the republic, the deputy chairman reported that the level of their implementation by municipalities over the past 3 years has largely remained at a high level: at the end of 2023, 80% of the total number of municipalities have fully complied with the conditions. However, some municipalities still fall short.

The inaction of the heads of those municipalities that do not develop and do not use their own revenue reserves will be suppressedsaid Irina Kiviko.

Also speaking at the board were the heads of the Office of the Federal Tax Service for the Republic of Crimea Roman Nazdrachev, presenting report on the topic: “Implementation of local budgets in 2024”, and Head of the Federal Treasury Department for the Republic of Crimea Maxim Mironov With presentation on the topic: “Features of the execution of the budget of the Republic of Crimea and the budgets of municipal entities in 2024, including within the framework of providing interbudgetary transfers from the federal budget to the budget of the Republic of Crimea and the budgets of municipal entities of the Republic of Crimea.”

The most important thing is to increase tax and non-tax revenues, which will allow us to direct additional financial resources to resolve issues related to the socio-economic development of the region. We all must try very hard to fulfill our plans: the percentage of expenses fulfilled on December 27 is 100%says Irina Kiviko.

Information: The meeting of the board was attended by members of the board, representatives of management and specialized specialists of the main managers and municipalities of the republic.

The composition of the Board of the Ministry of Finance of the Republic of Crimea was approved by order of the Council of Ministers of the Republic of Crimea dated May 13, 2015 No. 423-r “On the composition of the Board of the Ministry of Finance of the Republic of Crimea” (as amended on October 30, 2024 No. 1972).

source: press service of the Ministry of Finance of the Republic of Crimea