Eight Months of 2022 for the Consolidated Budgets of the Subjects of the Russian Federation and Prospects for the Budget Triennial

The change in the geopolitical situation and the increase in economic sanctions against the Russian economy in the first eight months of 2022 did not lead to a serious deterioration in the budget results for regional budgets. Receipts of the total amount of revenues of the consolidated budgets of the subjects of the Russian Federation and key tax revenues grew faster than the rate of inflation. There is a gradual deterioration in the situation with the receipt of corporate income tax in regional budgets starting from May of this year. Personal income tax receipts are growing, but mainly due to payments from high-income categories of the population. In the conditions of growing price volatility on world markets, the factor of industry specialization of the region is gaining an increasing influence on the differentiation of regional budget revenues. Changes in tax legislation coming into force from 2023 may result in the redistribution of some of the revenues of regional budgets in favor of the federal budget. There is a tendency to reduce tax revenues in relatively prosperous regions. The planned reduction of federal transfers in real terms and relative to GDP will mainly affect the problem regions — their main recipients. This will inevitably lead to an aggravation of problems with the fulfillment of growing social obligations in all categories of regions.

1. Sidorov M.A. Monitoring ekonomiki: iiul’ 2022 goda [Economic Monitoring: July 2022], Problemy razvitiia territorii [Problems of Territory Development], Vol. 26, No. 5, pp. 124–134. (In Russ.). DOI: 10.15838/ptd.2022.5.121.9

2. Sidorov M.A. Monitoring ekonomiki: sentiabr’ 2022 goda [Economic Monitoring: September 2022], Problemy razvitiia territorii [Problems of Territorial Development], Vol. 26, No. 6, pp. 185–194. (In Russ.). DOI: 10.15838/ptd.2022.6.122.11

3. Kratkaia informatsiia ob ispolnenii biudzhetov sub’ektov Rossiiskoi Federatsii [Brief Information about the Execution of the Budgets of the Constituent Entities of the Russian Federation], Ministerstvo finansov Rossiiskoi Federatsii [Finance of the Russian Federation]. (In Russ.). Available at: https://minfin.gov.ru/ru/statistics/subbud/execute/ (accessed 28 November 2022).

4. Forma statisticheskoi nalogovoi otchetnosti 1nm na 01.09.2021 g. [Statistical Tax Reporting Form 1nm as of September 1, 2021], Federal’naia nalogovaia sluzhba [Federal Tax Service]. (In Russ.). Available at: https://www.nalog.gov.ru/rn77/related_activities/statistics_and_analytics/forms (accessed 28 November 2022).

5. Forma statisticheskoi nalogovoi otchetnosti 1nm na 01.09.2022 g. [Statistical Tax Reporting Form 1nm as of 09/01/2022], Federal’naia nalogovaia sluzhba [Federal Tax Service]. (In Russ.). Available at: https://www.nalog.gov.ru/rn77/related_activities/statistics_and_analytics/forms (accessed 28 November 2022).

6. Formy statisticheskoi nalogovoi otchetnosti 1nom na 01.09.2021 g. [Forms of Statistical Tax Reporting 1st as of 09/01/2021], Federal’naia nalogovaia sluzhba [Federal Tax Service]. (In Russ.). Available at: https://www.nalog.gov.ru/rn77/related_activities/statistics_and_analytics/forms/10996289/ (accessed 30 November 2022).

7. Formy statisticheskoi nalogovoi otchetnosti 1nom na 01.09.2022 g. [Forms of Statistical Tax Reporting 1st as of September 1, 2022], Federal’naia nalogovaia sluzhba [Federal Tax Service]. (In Russ.). Available at: https://www.nalog.gov.ru/rn77/related_activities/statistics_and_analytics/forms/10996289/ (accessed 30 November 2022).

8. Otsenka (prognoz) vliianiia vvedeniia aktsiza na bezalkogol’nye napitki na rossiiskii rynok i biudzhety vsekh urovnei [Assessment (Forecast) of the Impact of Introducing an Excise Tax on Non-Alcoholic Beverages on the Russian Market and Budgets of All Levels], V.V. Radaev, C.V. Golovanova et al. Moscow, Izd. dom Vysshei shkoly ekonomiki, 2017, 214 p. (In Russ.).

9. Poiasnitel’naia zapiska k proektu Federal’nogo Zakona “O federal’nom biudzhete na 2023 god i na planovyi period 2024 i 2025 godov” [Explanatory Note to the Draft Federal Law “On the Federal Budget for 2023 and for the Planning Period of 2024 and 2025”], SOZD GAS «Zakonotvorchestvo» [SOZD GAS “Lawmaking”]. (In Russ.). Available at: https://sozd.duma.gov.ru/bill/201614-8#bh_histras (accessed 07 October 2022).

10. Otchet ob ispolnenii konsolidirovannogo biudzheta Rossiiskoi Federatsii i biudzhetov gosudarstvennykh vnebiudzhetnykh fondov na 01.01.2020 [Report on the Execution of the Consolidated Budget of the Russian Federation and the Budgets of State Extra-Budgetary Funds as of 01.01.2020], Federal’noe kaznacheistvo [Federal Treasury]. (In Russ.). Available at: https://roskazna.gov.ru/ispolnenie-byudzhetov/konsolidirovannyj-byudzhet/191/ (accessed 07 October 2022).

11. Otchet ob ispolnenii konsolidirovannogo biudzheta Rossiiskoi Federatsii i biudzhetov gosudarstvennykh vnebiudzhetnykh fondov na 01.01.2021 [Report on the Execution of the Consolidated Budget of the Russian Federation and the Budgets of State Extra-Budgetary Funds as of 01.01.2021], Federal’noe kaznacheistvo [Federal Treasury]. (In Russ.). Available at: https://roskazna.gov.ru/ispolnenie-byudzhetov/konsolidirovannyj-byudzhet/191/ (accessed 07 October 2022).

12. Otchet ob ispolnenii konsolidirovannogo biudzheta Rossiiskoi Federatsii i biudzhetov gosudarstvennykh vnebiudzhetnykh fondov na 01.01.2022 [Report on the Execution of the Consolidated Budget of the Russian Federation and the Budgets of State Off-Budget Funds as of 01.01.2022], Federal’noe kaznacheistvo [Federal Treasury]. (In Russ.). Available at: https://roskazna.gov.ru/ispolnenie-byudzhetov/konsolidirovannyjbyudzhet/191/ (accessed 07 October 2022).

13. Sotsial’no-ekonomicheskoe polozhenie Rossii. Ianvar’-sentiabr’ 2022 g. [Socio-Economic Situation in Russia. January-September 2022], Federal’naia sluzhba gosudarstvennoi statistiki [Federal State Statistics Service]. (In Russ.). Available at: https://rosstat.gov.ru/compendium/document/50801 (accessed 01 September 2022).