The Order In Which The State Budget Allocated For Grants To Local Governments To Compensate For The Real Estate Tax Reduction Projections

Original Language Title: Kārtība, kādā piešķir valsts budžeta dotāciju pašvaldībai, lai kompensētu nekustamā īpašuma nodokļa prognozes samazinājumu

Read the untranslated law here: https://www.vestnesis.lv/ta/id/172210

Cabinet of Ministers Regulations No. 138 in Riga on March 3, 2008 (pr. No 13, § 12.) the order in which the State budget allocated for grants to local governments to compensate for the real estate tax reduction forecast Issued in accordance with the law "on State budget for 2008" article 4 (2) of rule 1 defines the order in which the grant of municipal government grants, which total real estate tax on land and buildings forecast (further-real estate tax forecast) in 2008 has decreased in comparison with the real property tax forecast for 2007. to compensate for the real estate tax projections. 2. The Ministry of finance until 14 March 2008 to calculate changes between property tax forecast for 2008 compared with property tax forecast for 2007. 3. The Ministry of finance, on the basis of the Cabinet of Ministers regulations on financial cohesion fund revenue sharing arrangements and the respective budget year, collects information on municipalities, which the real estate tax forecast for 2008 compared with property tax forecast for 2007 have decreased, indicating the municipal real estate tax projections reduction rates. 4. the national budget allocation to local government property tax forecast for 2008 compared with property tax forecast for 2007 a reduction of more than 100 lats, is 90% of the rules referred to in paragraph 3, the amount of the reduction. Those municipalities that real estate tax projections reduction is less than 100, the national budget allocation is not intended. 5. Government grants Government grants on the basis of an order of the Cabinet of Ministers. The Ministry of finance prepares a draft order of the Cabinet of Ministers. In the annex of the draft decree specifies the authorities concerned the amount of the subsidy. 6. the national budget allocation to the Government transfers the payment in one month after the rule referred to in paragraph 5 of the order of the Cabinet of Ministers in entry into force. Prime Minister i. Godmanis Finance Minister a. Slakter States