Subsidies to local budgets from the budget of a subject of the Russian Federation
Subvention of local budgets from the budget of a subject of the Russian Federation — inter-budget transfers provided to local budgets in order to finance expenditure obligations of municipal formations arising in the performance of state powers of the Russian Federation, subjects of the Russian Federation transferred for implementation by local self-government bodies in accordance with established procedures1.
Budget Code of the Russian Federation dated 31.07.1998, as amended on 2022-06-28, Article 140, paragraph 1 // Official Gazette of the Russian Federation. 1998. No. 31. Art. 3823. ↩