Riga City Council increases budget spending

Take note – story published 5 years and 7 months ago

After a five-hour long meeting November 7, Riga City Council adopted budget amendments for this year, increasing expenditures to just over 1 billion euros.

Opposition council members voted against the budget amendments but the majority held by the allied Harmony party and Honor To Serve Riga parties was big enough to force the changes through.

This year, municipal institutions and enterprises had requested EUR 25.65 million worth of extra allocations, and Riga City Council's financial department agreed to grant EUR 24.75 million of this amount.

The local government’s revenues have grown by EUR 15.28 million to EUR 923.69 million, while budget expenditures have totaled EUR 1.023 billion.

According to the municipal budget approved in the spring of 2018, the local government’s expenditures were planned at EUR 998 million and revenues at EUR 908 million.

By combining the state and municipal funds, the biggest additional financing or EUR 12.15 million will go to the education, culture and sports department. The financial department has been allocated additional EUR 9.73 million, the property department – EUR 617,136, the transport department – EUR 574,275, the welfare department – EUR 357,925, the housing and environment department – EUR 52,928.

Seen a mistake?

Select text and press Ctrl+Enter to send a suggested correction to the editor

Select text and press Report a mistake to send a suggested correction to the editor

Related articles


Most important