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Subsidies to local budgets from the budget of a subject of the Russian Federation


Subsidies to local budgets from the budget of a subject of the Russian Federation are inter-budget transfers provided to the budgets of municipal formations in order to co-finance expenditure obligations arising in the performance of the powers of local self-government bodies on matters of local importance1.

  1. Budget Code of the Russian Federation dated 31.07.1998, as amended on 2022-06-28, Article 139, paragraph 1 // RSZ RF. 1998. No. 31. Art. 3823. ↩

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