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Analysis of Local Budget of Khulo Municipality in 2007 -  2007-01-18

  In order population of Khulo Municipality be acquainted better with local current processes, which are connected with budgeting, fulfillment and reports, we present analyses of 2007 budget fulfillment of Khulo municipality. For 2007 plan of budget incomes was determined in 1672210 GL, among them property tax 14000 GL. According to the December 20. 2006 changes of The Supreme Council of Adjara autonomous republic in law "About Budget Allocation of tax, non tax and capital incomes of Adjara autonomous republic between State and Local Self-governance Budgets" major part of Municipal budget income tax, which was drown up by income and profit consisted 80 % of budget and was transferred to state budget. Accordingly part of income tax (property tax) of Khulo municipality in 2007 was determined in 14000 GL, when in 2006 incomes (Income, profit and property tax) totally filled 528113 GL. On the base of law changes approximately 500000 GL is lacked in budget, (below in detail)

  As for 2007 non tax incomes, general state taxes 47 000 GL is filled. Among them tax for natural resource usage – 45 000GL, tax of license 500 GL. According to the 2007 plan local tax drew up 1500 GL. According to the law about "Budget of Local Self-Governance" for provision exclusive eligibilities, from the state budget as financial aid was transmitted transfer and local self-government bodies in their eligibility frame determines mentioned transfer independently. Value of transitive transfer is determined under the following formula:   Ti=(R-RI)*Pi*K*70%

 

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