ArmInfo. Yerevan`s budget will total AMD 94,560.2mln (about $195mln) in 2022, Vice-Mayor Sergey Nersisyan said.
It is AMD 2.2bln more than this year.
Yerevan`s budget revenues will total AMD 92,420.2mln against 92,420mln approved for this year and AMD 107.12bln in 2020. The city`s own revenues are to total AMD 34m538.6mln - AMD 3,844.8mlm (12,5%) more than in 2021. The budgeted tax revenues are AMD 25.348bln - AMD 3,115.7mln (14%) more than in 2021. The budgeted local duties are AMD 3,152.5mln - AMD 32mln less than in 2021. Official grants will total AMD 22,449.6mln - AMD 3,261.3mln (12.7%) less than in 2021. Other revenues are planned to reach AMD 46.762mln. The Yerevan budget expenditures will reach AMD 98,821.2mln (about $204mln) against AMD 110.777mln this year and AMD 116.233bln in 2020. The administrative budget will total AMD 93,405.2mln, with a total of AMD 6,530.4mln to be allocated to the funds.
Current expenditures will constitute about 94.5% of the total expenditures - about AMD 93.405bln, with a total of AMD 10,779.8mln to be allocated to wages. Net spendings on non-financial assets will total AMD 15.8bln. The wage fund of the Yerevan administration will total 7,857.2mln.
The Yerevan budget deficit is AMD 4.261bln against AMD 8.356bln.
Yerevan`s increased own revenues will ensure the implementation of a number of projects: purchase of buses and elevators, renovation of kindergartens and medical institutions, enlargement of green belts. A total of AMD 5.8bln are planned for major renovations of kindergartens, with 22 kindergartens involved in the programme. Since 2018, 52 kindergartens have been renovated. A total of AMD 500mln will be allocated the medical institutions in charge of the Yerevan Municipality, with four of them to undergo major renovations. Since 2018, the municipal budget has funded the renovation of 28 medical institutions. The Yerevan Municipality plans to install 100 new elevators this year. According to the draft budget, a total of 3,500 residential buildings in Yerevan need new elevators. In 2019-2020, 550 new elevators were installed, with another 100 this year. The budget allows the installation of 280 new elevators instead of the planned 100, with about 1,000 new elevators to be installed in Yerevan by the end of 2022.
The Yerevan city bus fleet will be replenished with 100 new buses. In 2020 and 2021, 311 new buses were purchased. The Yerevan Municipality also plans a stage-by-stage increase in wages of preschool teachers.
