Sofia Municipal Council Adopts 2011 Budget

Sofia Municipal Council Adopts 2011 Budget

The Sofia Municipal Council (SMC) adopted the capital city's 2011 budget on Thursday.

After the vote Sofia Mayor Yordanka Fandakova said that the development of projects in various areas will continue and the funds attracted will be used to complement the budget.

This year's budget of Sofia Municipality will apprximate 1,310 million leva, after an extra 5.7 million leva were added on both the revenue and expenditure sides.

The increase in revenues comes mostly for higher proceeds from taxes, rents and fines. The extra expenditures will be spent on construction, cultural projects and addressing urgent problems with stray dogs.  sourse BTA

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