The Council for Economic Development proposed for adoption Budget rebalance
The Council for Economic Development of the Municipality Bijelo Polje held its eleventh session, at which the Draft Decision on Amendments to the Decision on the Budget of the Municipality of Bijelo Polje for 2020 was unanimously adopted and proposed for adoption at the Municipal Assembly.
Secretary of the Secretariat for Finance Alida Nuhodžić said that the Municipality of Bijelo Polje had to rebalance Budget due to situation caused by the Covid-19 pandemic, and that after a series of consultations and meetings with representatives of the Ministry of Finance, the Mayor determined Draft Decision for 2020.
She stated that the Budget of the Municipality for 2020 was planned in the amount of € 15,650,000, and the proposed rebalance was planned in the amount of € 12,925,000, ie. € 2,725,000 less (17, 41%), and individually stated by items how much the rebalance reduced the amount of the Budget.
Also, she explained that in accordance with the projected revenues, expenditures were reduced within the limits of sustainability and stated where the savings were realized.
The members of the Council proposed to the Secretariat for Finance to consider the possibility of opening a new item in budget revision as "Intervention assistance due to the consequences of the COVID-19 pandemic", in order to additionally help the most endangered economic activities.
At the session of Council for Economic Development, the members had the opportunity to get acquainted with the results of the survey of economic entities for 2020. Differences were noted in relation to the results of the survey of economic entities from 2019.