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Draft budget of Penza to be submitted to City Duma no later than November 10

13:30 | 26.10.2019 | Economy

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Penza, 26 October 2019. PenzaNews. The Penza administration will introduce the draft budget of the city for 2020 and the planning period 2021-2022 to the City Duma no later than November 10. This was said by acting mayor Sergei Volkov.

Draft budget of Penza to be submitted to City Duma no later than November 10

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"By November 10 we will have submitted a balanced draft budget to the Duma," he said during the 4th regular session of the City Duma, held on Friday, 25 October.

Sergei Volkov explained to the deputies that, having studied the draft of the main financial document of the city, they will be able to make their proposals regarding planned expenditures.

At the same time, according to him, it is important to remember that increasing funding for one area will require saving on something else.

"There are a lot of desires. Unfortunately, we have limited opportunities," he said.

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