Городские депутаты утвердили поправки в бюджет Саратова from

City Deputies Approve Amendments to Saratov Budget

Saratov, Russian Federation

September 21, 2023

City Duma Approves Budget Amendments

On September 20, 2023, the Saratov City Duma approved amendments to the city's budget. The amendments increased the city's revenue by 1 billion rubles (about $14 million) and its expenditures by 1.5 billion rubles (about $21 million). The additional revenue will come from increased tax revenue and a transfer from the federal government. The additional expenditures will be used to cover the costs of the city's new public transportation system, which is scheduled to begin operating in 2024.

New Funding for Public Transportation

The new public transportation system will consist of a network of buses, trams, and trolleybuses. The system is expected to improve transportation access for residents of Saratov and reduce traffic congestion. The city has allocated 1 billion rubles (about $14 million) for the construction of the new public transportation system. The remaining 500 million rubles (about $7 million) will be used to cover the costs of operating the system.

Increased Tax Revenue

The city's increased tax revenue is due to a number of factors, including the city's strong economic growth. In 2022, the city's gross domestic product (GDP) grew by 5%, which was higher than the national average. The city's strong economic growth is due to a number of factors, including the city's large industrial sector and its strategic location on the Volga River. The city is also home to a number of universities and research institutions.

Transfer from the Federal Government

The city's transfer from the federal government is part of a larger effort by the federal government to support local governments. The federal government has allocated a total of 10 billion rubles (about $140 million) to local governments in Saratov Oblast. The federal government's support for local governments is part of a larger effort to improve the quality of life for Russian citizens. The federal government has also allocated funds for the construction of new schools, hospitals, and other public infrastructure projects in Saratov Oblast.