Article 30. Budget authorities of territorial financial authorities

Territorial financial authorities:

draw up drafts of the budget of the Republic of Karakalpakstan, local budgets of regions and city of Tashkent, budgets of districts and cities and submit them for consideration, respectively, to the Council of Ministers of the Republic of Karakalpakstan, hokimiyats of regions and city of Tashkent, districts and cities;

monitor the completeness and timeliness of receipts of taxes and other compulsory payments across their sources;

identify additional reserves to increase revenues to relevant budgets in the course of their execution;

inform budget organizations and recipients of budget funds on the amounts of budget allocations provided for them;

register estimates of expenditures and staffing tables of budget organizations and estimates of expenditures of recipients of budget funds, as well as changes made to them;

make changes to the parameters of the respective budgets during the financial year, as prescribed by articles 146 — 148 of this Code;

monitor the targeted use of funds of the respective budgets;

submit quarterly reports on the implementation of the corresponding budgets to the higher financial authorities and the Council of Ministers of the Republic of Karakalpakstan, hokimiyats of regions and city of Tashkent, districts and cities;

optimize expenditures of budget organizations and recipients of budget funds;

conduct budgetary accounting of the execution of the respective budgets and receive budget reporting;

carry out financial and economic examination of normative-legal acts of local government bodies that affect the equilibrium of revenues and expenditures of the respective budgets.

Ministry of finance of the Republic of Karakalpakstan, financial departments of hokimiyats of regions and city of Tashkent, along with authorities, specified in first part of this article, also:

inform, on a quarterly basis, the state tax and customs authorities on the forecast of state budget revenues for the corresponding administrative-territorial units;

provide budget loans.

Territorial financial authorities may also have other budget authorities in accordance with the legislation.