Regional budget in Krasnoyarsk Krai increases nearly 8 billion rubles due to adjustments: revised budget boosts reserves
Spruced-Up Version:
The Krasnoyarsk Krai government has introduced a bill to the regional parliament, proposing amendments to the regional budget for 2025 and the following two years. Revenues and expenditures of the region are on the rise.
Spring budget adjustments are common practice. The region typically reviews the previous year's budget execution and determines funding for its commitments at this time. Financial results in 2024 have been positive, leading to increased main parameters of the regional budget.
Notably, the region's income will increase by 7.8 billion rubles due to inflows from bank deposit placements. These high interest rates generate the income.
However, regional expenses will also rise: in 2025, the increase will amount to 14.1 billion rubles.
The largest transfers from the budget are planned for transportation - 6.8 billion rubles (the funds come from an infrastructure budgetary loan for infrastructure development). An additional 2.8 billion rubles are allocated for housing construction and communal services. An additional 350 million rubles will be provided to territories for the repair of communal facilities, in addition to previous allocations. This is just part of the added expenditures for the economic block's correction.
3 billion of the planned new expenditures will go to the social block - 1.3 billion for school modernization and playground development, 1.1 billion for the healthcare sector, including the equipment and repair of hospitals, as well as salaries for medical personnel sent to the regional support centers and drug purchases. Furthermore, in response to the governor Mikhail Kotyukov's decision, the region will increase payments to veterans on Victory Day, schoolchildren from large families, and gifted children. 700 million rubles - the sum for housing certificates for orphaned children (in 2025, a total of 5 billion rubles will be allocated for this purpose - 2.2 billion rubles more than originally planned).
In addressing ecological issues, additional funds - 800 million rubles - will be used for the creation of TKO waste disposal infrastructure, and 300 million for digitalization.
Overall, the corrected budget will look like this: revenue - 434.3 billion, expenses - 519.1 billion.
The budget deficit is covered by infrastructure budgetary loans, as well as remaining funds at the beginning of 2025.
"Favorable completion of the previous year and a stable current situation allow us to make additional financial decisions. In these matters, we will align ourselves with the governor's goal of strengthening the social focus of the budget, as well as supporting our territories, where the residents' key demands are arising," - commented the bill Vladimir Bakhary, the vice-premier and finance minister of the Krasnoyarsk Krai.
Image: Government of Krasnoyarsk Krai
Key Insight: The 2025 budget of Krasnoyarsk Krai includes significant expenditure increases across various sectors, with extra funding allocated for transportation infrastructure, social services, education, and environmental projects. However, the specific details about these additional expenses in the revised 2025 budget of Krasnoyarsk Krai are not available in the search results, and further access to Krasnoyarsk Krai governmental budget documents or authoritative financial announcements from 2025 would be necessary for a precise itemized breakdown. Other factors, such as petrol prices and regional labor market issues, may influence budget considerations.
Thenewsregarding therevised2025 budget of Krasnoyarsk Krai reveals aninflux of funds intoprimary sectors like finance and business, as the budget proposes substantial increases in expenditures for transportation, social services, education, and environmental projects. However, the exactdetailsof these additions are not currently disclosed, necessitating further investigation through governmental budget documents or authoritative financial announcements from 2025 for a comprehensive understanding.
