Article 28. Budget authorities of the Council of Ministers of the Republic of Karakalpakstan, hokims of regions and city of Tashkent, districts and cities

Council of Ministers of the Republic of Karakalpakstan, hokims of regions and city of Tashkent, districts and cities:

organize and coordinate the process of developing a draft of the respective budget and its implementation;

make decisions on drafting relevant budgets, establish the procedure and terms for their preparation based on received budget requests;

submit for consideration and adoption to the Jokargy Kenes of the Republic of Karakalpakstan, Kengashes of people's deputies of regions and city of Tashkent, districts and cities draft budget of the Republic of Karakalpakstan, drafts of local budgets of regions and city of Tashkent, budgets of districts and cities, respectively;

consider proposals on amendments to parameters of the budget of the Republic of Karakalpakstan, local budgets of regions and city of Tashkent, budgets of districts and cities during the financial year in the manner prescribed by Articles 146 — 148 of this Code;

submit for approval to the Jokargy Kenes of the Republic of Karakalpakstan, Kengashes of people's deputies of regions and city of Tashkent, districts and cities 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 the relevant period;

organize monitoring of the completeness and timeliness of revenues to State budget and budgets of state trust funds;

organize monitoring of the targeted spending of budget funds;

consider and approve the maximum amounts of budget allocations allocated from the republican budget of the Republic of Karakalpakstan, regional budgets of regions and the city budget of the city of Tashkent, budgets of districts and cities to territorial managers of budget funds for drawing up a budget request;

make decisions on the introduction of decreasing and increasing coefficients to the established rates for individual taxes determined by legislation, taking into account the specifics of the regions and places of business.

Council of Ministers of the Republic of Karakalpakstan, hokims of regions and city of Tashkent, districts and cities, along with the authorities specified in first part of this article, also make decisions on the use of resources of the reserve funds of the republican budget of the Republic of Karakalpakstan, regional budgets of regions and city budget of city of Tashkent, budgets of districts and cities, respectively.