Budget painting and the process of its formation

According to the budgetary code of the Russian Federation, budgetary painting is a document compiled and managed by the administrator of budgetary funds (the chief administrator of sources of covering the budget deficit). The main purpose of this document is to implement the budget for expenditures (sources of income to cover the budget deficit). Budgetary list, in fact, is an operational plan for the allocation of costs and revenues.

The basis for drawing up a budgetary list is the budget approved by the State Duma. It is formed in strict accordance with the budget classification: by departmental and functional classification, chapters, subsections and sections.

In order to draw up a budget list, the main manager of the budget resources is given ten days, after which he must provide it to the RF Ministry of Finance.

After all the main administrators of budgetary resources have submitted their budget lists to the Ministry of Finance, a consolidated document is formed on their basis, which is then approved by the Minister of Finance. This process takes a maximum of seventeen days from the adoption of the law on the federal budget. Then the consolidated budgetary list is sent to the Federal Treasury for further execution. Also, the Accounts Chamber of the Russian Federation and the Federal Assembly receive copies of the consolidated budget list for review.

After a ten-day period has elapsed from the moment of approval of the document of the consolidated budgetary list, the authority responsible for the execution of the budget brings the values of the indicators to all recipients of budget resources and subordinate managers. To this end, he sends them notifications on the amount of budgetary resources for the entire subsequent budget period.

After the budgetary institution receives such a notification, it must within no more than 10 days form and send for approval the estimate of expenses and revenues, in accordance with the established form. Then the superior manager of the budgetary appropriations must approve or reject it. To this he has five days.

A budgetary institution that performs the functions of the chief administrator of budgetary resources also forms an estimate of expenses and incomes, which is approved by the head of such an institution.

After this document is approved, it is submitted to the body responsible for budget execution on the same day.

The implementation of budgetary indicators in many respects depends on the main administrators (GR), managers and recipients of budgetary amounts.

The chief administrator of federal budgetary resources is the state body of the Russian Federation, which has the right to allocate federal budget funds to recipients of such resources and subordinate administrators, as well as those budgetary institutions of public health, culture, education and science that are of the greatest importance. He controls the reporting, implementation of plans for the provision of municipal and public services, targeted use and timely return of budget funds.

As the manager of the budget means can act as a local government, and the state authority, which has the right to allocate funds to subordinate recipients of budgetary resources.

The duties of the manager are to draw up a budgetary list, determine the limits of budgetary obligations for each subordinate recipient and provide them to the body that executes the budget.

The recipients of budgetary resources include budget institutions or other organizations that have the right to receive and use state appropriations, according to the budget for the corresponding year.

A certain part of such recipients is a government institution, the financing of which occurs, according to the relevant estimates of expenditures and revenues.

Thus, budget painting is such a document, without which it is simply impossible to implement the budget.