St. Petersburg lawmakers passed the city's 2024 budget execution report during their recent meeting. The assembly members approved the financial document after reviewing the year's performance numbers.
City revenues beat expectations and came in 5.1% higher than planned targets. Spending reached 97.3% of allocated funds across different government programs. Education and social support programs performed best with nearly perfect execution rates.
The targeted investment program achieved 98.8% completion for the year. Culture, employment, and sports programs also hit 99.9% of their planned spending goals. These programs showed strong financial management throughout 2024.
St. Petersburg collected more than 1.3 trillion rubles in total budget revenues last year. The assembly's press service shared these results with the public after the vote. City officials demonstrated effective budget planning and execution across multiple program areas.
City revenues beat expectations and came in 5.1% higher than planned targets. Spending reached 97.3% of allocated funds across different government programs. Education and social support programs performed best with nearly perfect execution rates.
The targeted investment program achieved 98.8% completion for the year. Culture, employment, and sports programs also hit 99.9% of their planned spending goals. These programs showed strong financial management throughout 2024.
St. Petersburg collected more than 1.3 trillion rubles in total budget revenues last year. The assembly's press service shared these results with the public after the vote. City officials demonstrated effective budget planning and execution across multiple program areas.
