Yekaterinburg Fiscal Revenue Comes to 15.5bn RUR in First Half of Year

21 September 2012 (09:15)

Yekaterinburg Municipal Duma deputies looked into the city’s budget for the first half of 2012 at a Budget & Economic Policies Committee meeting. The city’s revenues amounted to 15.459bn RUR, which comes to 51% of the year’s adopted target figures. Expenses came to 13.819bn RUR, or to 43.5% of the expected figure for this year, the Duma’s press service reports.

These figures are greater than those for the first halves of the last eleven years. In the first half of 2012, the positive trend in the city’s economic growth still holds.

‘The only exception is the amount of construction jobs done and the commissioning of new apartment buildings,’ Duma reports.

The budgetary performance in the first half of 2012 looks good in terms of percentage along all the tax income items except for the personal income tax (under 40% of the target figure has been met so far).

Other materials on the topic::