Article 27. Budget authorities of Jokargy Kenes of the Republic of Karakalpakstan, Kengashes of people's deputies of regions and city of Tashkent, districts and cities

Jokargy Kenes of the Republic of Karakalpakstan, Kengashes of people's deputies of regions and city of Tashkent, districts and cities:

review and adopt the budget of the Republic of Karakalpakstan, local budgets of regions and city of Tashkent, budgets of districts and cities proposed by the Council of Ministers of the Republic of Karakalpakstan, hokims of regions and city of Tashkent, districts and cities, respectively;

review and approve reports on the execution of the budget of the Republic of Karakalpakstan, local budgets of regions and city of Tashkent, budgets of districts and cities for relevant period submitted by the Council of Ministers of the Republic of Karakalpakstan, hokims of regions and city of Tashkent, districts and cities, respectively, on a quarterly basis;

take into account the forecasts of revenues of the republican budget of the Republic of Karakalpakstan, regional budgets of regions, the city budget of the city of Tashkent and the budgets of districts and cities;

make decisions on making changes to the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, budgets of districts and cities;

hear reports from territorial managers of budget funds financed from the relevant budgets on the effectiveness of the use of budget funds and the results achieved;

establish rates of local taxes and other compulsory payments within the limits established by law.

Jokargy Kenes of the Republic of Karakalpakstan, the Kengashes of people's deputies of the regions and the city of Tashkent consider and approve the maximum amounts of equalizing interbudgetary transfers allocated respectively from the republican budget of the Republic of Karakalpakstan, the regional budgets of the regions and the city budget of the city of Tashkent to the budgets of districts and cities.

Jokargy Kenes of the Republic of Karakalpakstan, Kengashes of people's deputies of regions and city of Tashkent, districts and cities may have other budget authorities in accordance with the legislation.