The Chisinau municipal budget for 2022 was approved with a deficit of about 1 billion 179.5 million lei.
The Chisinau Municipal Council approved in the second reading the budget for 2022 according to which revenues will amount to 5 billion 428.8 million lei, up 14.4% compared to the revenues approved for 2021. About 53.3% of municipal revenues in 2022 will consist of transfers from the state budget - 2 billion 905.6 million lei, and compared with the revenues approved for 2022, the amount will increase by 9.8%. Almost 86.4% of budget transfers will be used to cover the costs of educational institutions. Special-purpose transfers from the state budget to repair road infrastructure will amount to 250.2 million lei, to finance sports schools - 75.3 million lei, to provide social security and social assistance - 53.8 million lei. At the same time, deductions from the state budget from taxes and fees will form 29.8% of the municipal budget - 1 billion 616.9 million lei (+28.6% against the approved indicators for 2021), and own revenues will account for 14.5% - 787.7 million lei (+5.2%). Property tax will bring to the municipal treasury 359.6 million lei (+18.2%), local taxes - 316.58 million lei (+12.3%), rent of municipal land and property - 83.39 million lei (+42.4%), fee for natural resources (water, mining, geological surveys) - 2 million lei (+3.6%). In addition, the budget will receive about 71.6 million lei from fee-based services (1.3% of total revenues), 11 million lei - from fees for purchase of foreign currency by individuals at foreign exchange offices (0.2%). Internal voluntary donations to budgetary institutions are planned at the level of 1.5 million lei and external donations at 20 million lei. Municipal budget expenditures for 2022 are approved at the level of 6 billion 608.4 million lei, which is 5.2% more than the expenditures approved for 2021. The share of socially-oriented expenditures is expected to be 58%, or 3.833.4 million lei, which is approximately 11.8% more than in 2021. About 47% of the expenditures (3.111 million lei, 20% increase) are to be used to support public utilities and road maintenance. The expenses will be covered, among others, by projects for road repairs and street lighting financed by EBRD and EIB (172.6 million lei), as well as the energy efficiency project (219.26 million lei). About 3.1% of the total expenses will be allocated for the implementation of the program of capital investments and repairs - 205.6 million lei (+5.9%). Four percent of funds will be spent on maintenance of administrative bodies - 263.1 million lei (+28.6%). Another 3.2% of municipal budget expenditures in 2022 are envisaged for reserve fund formation (10 million lei), loan servicing (117.2 million lei), implementation of municipal projects (42 million lei), contributions to environmental protection (20.5 million lei), and transfers of special purpose to the communes of Gratiesti (4 million lei), Tintareni (10 million lei) and Geamana (4 million lei). The municipal budget deficit for 2022 in the amount of 1 billion 179.5 million lei is expected to be covered by selling apartments to residents (2 million lei), the balance of funds in the budget at the beginning of 2022 (300 million lei). (300 million lei), the purchase of the equity capital of the JSC Mina Chisinau (5.6 million lei), internal loans to finance projects and municipal bonds issuance (812.6 million lei), external financing (450.5 million lei), etc. //22.12.2021 - InfoMarket.
