The First Quarter of 2023 for the Consolidated Budgetsof the Subjects of the Russian Federation: Emerging Trends and New Conditions

At the beginning of year, consolidated budgets subjects Russian Federation were executed in conditions continued sanctions pressure on regional economy. Organizational and administrative innovations had a significant impact process budget revenue formation (enactment payment taxes using single tax account, cancellation income within groups taxpayers, introduction an accelerated procedure for reimbursement personal tax). The growth revenues real terms was provided by federal transfers. Tax grew only nominally. increase corporate receipts did not compensate reduction receipts. Expenditures at higher rate than revenues, which led to total amount positive balance most regions. trend towards volume state municipal debt has with outstripping loans. There is substitution market forms borrowing budgetary ones as compensation existing inefficient model distribution powers.