OREANDA-NEWS. December 06, 2010. The municipal budget revenues are valued at about 1.782 billion leis, the expenditure – 1.842 billion leis. The deficit is supposed to be covered by money earned from sale and privatization of the public property.

The 2011 municipal budget incomes will be increased by about 13.3% in comparison with the current year’s incomes. According to the estimates, they will grow as a result of the increase in incomes from taxes from salaries, from the income from business activity, different local taxes, such as market tax, the tax for rendering transport services and the tax on the use of roads by vehicles registered in Moldova. According to Veronica Herta, head of the finance department, most funds will be spent for social needs – about 63.5% or 1.17 billion leis.

Economic expenses will total 17.1%, municipal police maintenance costs – 5.6%, administrative institutions maintenance – 3.1%, investment programs and capital repair – 4.5%, transfers to the first-level budgets – 5.1%.

According to the municipal authorities’ representatives, the sources for covering expenses for each branch and for covering the budget deficit will be suggested in the second reading. The 2010 municipal budget revenues were 1.695 billion leis, expenses – 1.747 billion leis, budget deficit – 52 million leis.