The budget of the city of Kraków, which is presented by the Mayor of Kraków on the 15th of November each year, in 2006 had a projected revenue of 2,150 million złoty. Kraków, in English also spelled Krakow or Cracow (ˈkrækaʊ M-W: krăk'ou krāk'ō is one of the largest and oldest cities in Poland The złoty (/ˈzwɔtɨ/, plural for numbers ending in 2 3 and 4 (except 12 13 and 14 złote /ˈzwɔtɛ/ plural for all other numbers złotych /ˈzwɔtɨx/ [1] The sources of revenue were as follows: 14% from the municipal taxation on real estate properties as well as on the use of amenities, 3% in taxes collected by Collections Office, 7% from sale and lease of city-owned properties, 30% in transfers from the national budget based in federal income tax, 34% in state subsidies, 3% in union fees, 1% from tax on liquor sales permits, and 8% from vehicle registrations, passport fees and others. Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom In the contexts of Real estate and Lodging, amenities are any tangible or intangible benefits of a property especially those which increase the attractiveness or Budget (from French bougette, purse generally refers to a list of all planned expenses and revenues
Projected expenditures, to the total amount of 2,349 million złoty, included: 79% in city maintenance costs, and 21% in city development costs. The maintenance costs were divided as follows: 39% toward education and childcare, 9% for the city infrastructure and lighting, 31% toward social services, 4% for culture and recreational facilities, 3% for mortgage repayments, 1% in transfers to poorer districts and 13% for other expenses including city administration.
City of Krakow development costs were divided as follows: 41% toward road building, transport and communication, 25% — city's infrastructure and environment, 2% for social housing, 8% for modernization of cultural facilities including museums, 15% for sports facilities, and 9% for hospitals, daycare centres and schools. [2]
Budget of the city of Krakow for the year 2006
Revenue and expenditures.
| I. Revenue | 2 149 835 225 | II. Expenditures | 2 349 197 000 |
|---|---|---|---|
| Result: deficit (I - II) | 199 361 775 | ||
| III. Fed. transfers | 381 007 500 | IV. Payments | 181 645 725 |
| Credits | 346 554 500 | Credit payments | 180 645 725 |
| Loan payments | 3 453 000 | Loans given | 1 000 000 |
| Surplus | 31 000 000 | ||
| Total (I and III) | 2 530 842 725 | Total (II and IV) | 2 530 842 725 |
Source: Załącznik Nr 1 do uchwały Nr XCVIII/980/05 Rady Miasta Krakowa z dnia 21 grudnia 2005 r. [3]
References
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