Budget classification of income and expenditure - Finance and credit

6.3. Budget classification of income and expenditure

Incomes and expenditures of budgets of different levels of the budget system are very diverse. When compiling and executing budgets, it is required to ensure their comparison, systematization by homogeneous features. The ego is achieved through the application of a unified budget classification, which is a grouping of revenues, expenditures and sources of financing budget deficits in the US budget system.

Budget classification is used to compile and execute budgets, compile budget reports.

The US budget classification, approved by the US BC, includes:

o classification of budget revenues;

o classification of budget expenditures;

o classification of sources of financing of budget deficits;

o classification of operations of public-legal entities (operations of the general government sector).

The definition of the principles of appointment, the structure of codes of the budget classification of the United States, as well as the assignment of codes to the constituent parts of the budget classification of the United States, which in accordance with the Budget Code are unified for all budgets of the budget system of the United States, are implemented by the Ministry of Finance of the United States. >

The budget classification is structured in such a way that it makes it possible to bring the composition of revenues, expenditures and sources of financing of budget deficits in the US budget system into a single system.

Revenues are grouped by species, subspecies, articles and income elements; expenses - by sections, subsections, target items and types of expenses.

Classification of budget revenues is a grouping of budget revenues of the budget system and is based on the legislative acts of the United States that determine the sources of revenue generation and fixing the chief administrators for specific types (subspecies) of budget revenues.

The main administrator of budget revenues is the state authority (state body), the local government body, the local administration body, the state extra-budgetary fund management body, the Central Bank of the United States, other organization having administrators income budget and (or) are administrators of budget revenues.

The US budget revenue classification code consists of the code of the chief administrator of budget revenues; code of the type of income, code of subspecies of income; code of classification of operations of the general government relating to budget revenues

The list and codes of the chief administrators of budget revenues, assigned to them types (subspecies) of budget revenues are approved by law (decision) on the corresponding budget.

The revenue type code includes a group, subgroup, article, subentry and income element

Unified for the budgets of the budget system of the United States by groups and subgroups of budget revenues are:

(1) tax and non-tax revenues:

(a) tax revenues:

o taxes on profits, income;

o taxes and social contributions;

o taxes on goods (works, services) sold on the territory of the United States;

o taxes on goods imported into the territory of the United States;

o taxes on cumulative income;

o property taxes;

o taxes, fees and regular payments for the use of natural resources;

o state fee;

o debts and recalculations for canceled taxes, fees and other mandatory payments;

(b) non-tax revenues:

o income from foreign economic activity;

o income from the use of property in state and municipal ownership;

o payments when using natural resources;

o income from the provision of paid services and compensation of state costs;

o income from the sale of tangible and intangible assets;

o administrative fees and charges;

o fines, sanctions, damages;

o revenues of the budgets of the budgetary system of the United States from the return of the remnants of subsidies and subventions of previous years;

o other non-tax revenues;

(2) donations:

o donations from non-residents;

o gratuitous income from other budgets of the budgetary system of the United States;

o donations from state (municipal) organizations;

o donations from non-governmental organizations;

o donations from supranational organizations;

o other donations.

A single list of articles and sub-items of budget revenues is approved by the US Treasury.

Unified for the budgets of the budget system of the United States elements of income are:

o the federal budget;

o budgets of the constituent entities of the United States;

o budgets of municipal districts;

o budgets of urban districts;

o budgets of urban municipalities of cities of federal significance in Moscow and St. Petersburg;

o budgets of urban and rural settlements;

o the budget of the Pension Fund of the United States;

o budget of the Social Security Fund of the United States;

o budget of the Federal Compulsory Medical Insurance Fund;

o budgets of territorial funds of compulsory medical insurance.

Budget expenditures are classified (and coded) by the chief administrators of budgetary funds; sections, subsections, target items and types of expenditures. The classification code for budget expenditures also includes the classification code for general government operations relating to budget expenditures.

The chief administrator of budgetary funds (the main administrator of the funds of the corresponding budget) is the state authority (state body), the body of government of the state extra-budgetary fund, the local government body, the local administration body, as well as the most significant institution of science, education, culture and health, specified in the departmental structure of budget expenditures, having the right to allocate budgetary allocations and limits of budgetary obligations between subordinate managers and (silt i) recipients of budgetary funds.

The list and codes of the main administrators of budget funds of the budgets of the budgetary system is established by law (decision) on the corresponding budget as part of the departmental expenditure structure.

Unified for the budgets of the US budget system, sections and subsections of the classification of expenditure budgets are:

(1) national issues:

o the functioning of the President of the United States;

o functioning of the highest official of the subject of the United States and the municipal formation;

o functioning of legislative (representative) bodies of state power of US subjects, local administrations;

o The functioning of the US Government, the highest executive bodies of state power of the subjects of the United States, local administrations;

o the judicial system;

o ensuring the activities of financial, tax and customs authorities and financial (budgetary) supervision bodies;

o ensuring the holding of elections and referendums;

o international relations and international cooperation;

o state material reserve;

o fundamental research;

o service of state and municipal debt;

o Reserve Funds;

o applied research in the field of national issues;

o other national issues;

(2) national defense:

o The Armed Forces of the United States;

o Modernization of the Armed Forces of the United States and military formations;

o Mobilization and extra-military training;

o Mobilization preparation of the economy;

o preparation and participation in ensuring collective security and peacekeeping activities

o nuclear weapons complex;

o Implementation of international obligations in the field of military-technical cooperation;

o applied research in the field of national defense;

o other issues in the field of national defense;

(3) national security and law enforcement:

o the prosecutor's office,

o bodies of internal affairs;

o internal troops;

o bodies of justice;

o the system of execution of punishments;

o security authorities;

o Border guard agencies;

o bodies controlling the circulation of narcotic drugs and psychotropic substances;

o protection of the population and the territory from natural and man-made emergency situations, civil defense;

o ensuring fire safety;

o Migration policy;

o modernization of internal troops, civil defense forces, as well as law enforcement and other bodies;

o applied research in the field of national security and law enforcement activities

o other issues in the field of national security and law enforcement activities

(4) National Economy:

o general economic issues;

o fuel and energy complex;

o Exploration and use of outer space;

o reproduction of mineral resources;

o Agriculture and fisheries;

o Water resources;

o Forestry;

o transport;

o road economy;

o Communication and Informatics;

o applied research in the field of national economy;

o other issues in the national economy;

(5) Housing and communal services:

o Housing;

o Utilities;

o improvement;

o applied research in the field of housing and communal services;

o other issues in the field of housing and communal services;

(6) Environmental protection:

o environmental monitoring;

o collection, disposal and wastewater treatment

o protection of plants and animals and their habitats;

o applied research in the field of environmental protection;

o other issues in the field of environmental protection;

(7) education:

o pre-school education;

o general education;

o Initial vocational education;

o secondary vocational education;

o vocational training, retraining and advanced training;

o higher and postgraduate professional education;

o youth policy and children's health;

o applied research in the field of education;

o other issues in the field of education;

(8) culture, cinematography, mass media:

o culture;

o cinematography;

o television and radio broadcasting;

o Periodical printing and publishing;

o applied scientific research in the field of culture, cinematography, mass media;

o other issues in the field of culture, cinematography, mass media;

(9) Health, physical culture and sports:

o inpatient care;

o outpatient care;

o medical care in day hospitals of all types;

o First aid;

o sanatorium-and-health help;

o Procurement, processing, storage and provision of safety of donor blood and its components;

o Sanitary and epidemiological well-being;

o Physical culture and sports;

o applied research in the field of health of physical culture and sports;

o other issues in health, physical culture and sports;

(10) social policy:

o Pensions;

o social services for the population;

o social security of the population;

o protection of family and childhood;

o applied research in the field of social policy;

o other issues in the field of social policy;

(11) intergovernmental transfers:

o subsidies to the budgets of constituent entities of the United States and municipalities;

o subsidies to the budgets of the constituent entities of the United States and municipalities (inter-budgetary subsidies);

o subventions to the budgets of the constituent entities of the United States and municipalities;

o other intergovernmental transfers;

o intergovernmental transfers to budgets of state extra-budgetary funds.

The list and codes of targeted articles and types of budget expenditures are approved as part of the departmental expenditure structure by a law (decision) on the budget.

Sources of financing of budget deficits are classified by main administrators of sources of financing of budget deficits, groups, subgroups, articles and types of sources of financing of budget deficits.

The classification code for sources of financing of budget deficits also includes the classification code for general government operations related to sources of financing of budget deficits.

The main administrator of the sources of financing the budget deficit (the main administrator of the sources of financing the deficit of the corresponding budget) is the state authority (state body), the local government body, the local administration body, the state extra-budgetary fund management body, other organization defined by the law , who have administrators of sources of financing the budget deficit and (or) are the administrators of funding sources, the deficit the budget.

Unified for the budgets of the budgetary system of the United States by groups and subgroups of sources of financing of budget deficits are:

(1) sources of domestic financing of budget deficits:

o state (municipal) securities, the nominal value of which is indicated in the currency of the United States;

o loans of credit institutions in the currency of the United States;

o budget loans from other budgets of the budgetary system of the United States;

o loans of international financial organizations in the currency of the United States;

o Changes in fund balances for accounting of budgetary funds;

o other sources of domestic financing of budget deficits;

(2) sources of external financing of budget deficits:

o government securities denominated in foreign currencies with a nominal value

o foreign credit, including foreign direct loans (borrowing), international financial organizations, other subjects of international law, foreign legal entities in foreign currency;

o Credits of credit institutions in foreign currency;

o Other sources of external financing of budget deficits.

The list of articles and types of sources of financing of budget deficits is approved by the law (decision) on the corresponding budget when approving sources of financing the budget deficit.

Classification of operations of the general government sector is performed by groups, articles and sub items of operations.

Unified for the budgets of the US budget system by general government operations groups are:

o income;

o costs;

o receipt of non-financial assets;

o retirement of non-financial assets;

o receipt of financial assets;

o retirement of financial assets;

o increased liabilities;

o reduction in liabilities.

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