The Budget and Finance Committee of the Legislative Assembly of St. Petersburg supported the bill on adjusting the budget of the Northern capital for 2023.
Deputies supported Governor Alexander Beglov’s proposal to distribute excess revenues from the city treasury. The above-plan 44.8 billion rubles were partially used to reduce the deficit part (37.7 billion rubles) and increase the expenditure part (7.1 billion rubles) of the city budget.
Additional income, in particular, will allow a record increase in the number of apartments that the city purchases for those on the waiting list, including orphans. The number of housing purchased from the city treasury is growing: in 2021, St. Petersburg could afford to buy only 799 apartments; in 2022, their number increased to 1,871; in 2023, it is planned to purchase 2,731 apartments.
According to the head of the Committee on Economic Policy and Strategic Planning of the city, Alexey Zyryanov, in St. Petersburg, by the end of this year, 178 infrastructure facilities are going to be put into operation, including 39 kindergartens, 15 schools and 12 healthcare facilities.
In turn, Vice Governor Alexey Korabelnikov emphasized the desire of the executive branch to “maintain a balanced budget, its sustainability and maintain certain reserves.” “Therefore, despite the fact that today we have certain additional income, our main emphasis is on strengthening the social component and covering the deficit,” he noted.
As a result, the Legislative Assembly on October 11 will begin considering the adjusted city budget with the following parameters: revenues – 1,093.4 billion rubles, expenses – 1,202.4 billion rubles, deficit – 109 billion rubles.
Source: Rosbalt

Mario Twitchell is an accomplished author and journalist, known for his insightful and thought-provoking writing on a wide range of topics including general and opinion. He currently works as a writer at 247 news agency, where he has established himself as a respected voice in the industry.