The surplus of the budget of the Vladimir region for the year 2016 amounted to 1.5 billion rubles

© RIA Novosti / Victoria Watrigant Vladimir, assumption Cathedral. Archival photoThe surplus of the budget of the Vladimir region for the year 2016 amounted to 1.5 billion rubles© RIA Novosti / Victoria Viatris

The budget of the Vladimir region for the year 2016 was executed with a surplus, which amounted to 1.5 billion rubles, told RIA Novosti the representative of the press service of the regional legislative Assembly on the results of public hearings on the budget execution of the region.

«It was initially planned deficit of 2.8 billion rubles, the regional budget in the end was executed with a surplus of 1.5 billion rubles. Source of income to the budget amounted to 49,9 billion roubles, expenses — 48,4 billion rubles. Compared to 2015, the company revenues increased by 8.7% and expenditures — by 7.4%,» — said the Agency interlocutor.

He said that the total tax revenues amounted to 37 billion rubles, which is 15.4% more than the same period in 2015 and their share in income compared to the previous year increased from 69.9 per cent to 74.2 per cent. At the same time, the share of gratuitous receipts decreased from 28.6% to 24.5%.

The largest portion of social expenditures amounted to almost 32 billion rubles. Compared to 2015 year costs the national economy increased by 17%, Their rate of 2016 is made up of 10.2 billion rubles (21% of all expenditures).

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