Approved budget of the municipality of Rezekne for 2016
On 29 January, in the emergency meeting of the Rēzekne municipality, Members unanimously adopted a decision on the publication of the general budget of the municipality of Rezekne and the general budget for the special budget for the year 2016. Municipal consolidated budget revenue for 2016 is estimated at around last year -- 25 623 994 EURO (2015 -- 25 193 348 EURO). The majority of the basic budget revenue, 32%, is drawn up by personal income tax (8 172 580 EURO), which is expected to be higher than in 2015 (7.78 mln LATS). EUR), payment from the municipal financial equalisation fund (EUR 7 897 400), as well as a grant for the remuneration of teachers (EUR 5 473 691).
The 2016 consolidated basic budget expenditure of the municipality of Rezekne is estimated at 26 793 046 EURO, which is less than in 2015 (33 628 953 EURO), which was linked to the implementation of the ambitious project “Development of secondary school infrastructure of Rezekne Municipality”. Including cash balances 1 408 374 EURO and funds for debt cancellation 239 322 EURO.
As usual, the major budget expenditure for education (46%, or 12 419 980 EURO) (13,15 million EUR), for social protection (14,91 TP1T, or EUR 3 996 093). In the breakdown of basic budget expenditure by institutions, the largest share, 12 858 821 EURO, or 48% for parish administrations, 38% is managed by administration expenses, the remaining 14% - boarding schools, social institutions and sports school. From the basic budget of the municipality of Rezekne (EUR 10 267 720) almost half will be spent on education, a quarter of social protection, 16 % for general government services (executive and legislative authorities, internal government debt transactions, municipal housing management, financing of the special economic zone of Rezekne, funds for unforeseen cases, etc.)
After approval of the budget, the President OF the Rēzekne District Council, Monvīds Švarcs, thanked the local government administration and parish administrations for the work they had invested in developing the new budget.
BUDGET PRESENTATION