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The principle of separating revenues and expenditures among budgets of different levels


The principle of separating revenues and expenditures between budgets at different levels means the allocation of revenues and expenditures in accordance with the legislation of the Russian Federation to the budgets of the Russian Federation budget system, as well as defining the powers of state authorities (local self-government bodies) to form revenues, establish and fulfill expenditure obligations1.

3535.

  1. Federal Law No. 120-FZ dated August 20, 2004, "On Amending the Budget Code of the Russian Federation in Respect of Regulation of Inter-Budgetary Relations" dated August 20, 2004, as amended on November 29, 2014, Article 1, Subparagraph 7 // RSZ RF. 2004. No. 34. Item ↩

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Codes and federal laws