Legal Encyclopedia. Letter B

STATE-FINANCED ORGANIZATION

- An organization established by the public authorities of the Russian Federation, bodies of state power of RF subjects, local authorities for the implementation of administrative, socio-cultural, scientific, technical or other functions of noncommercial character whose activities are financed from the corresponding budget or state non-budgetary fund on the basis of estimates of revenues and expenses.

Organizations with state or municipal property for operational management without the federal state enterprise status, recognized BU

The estimate of revenue and expenditure, all revenue BU should be reflected derived from both the budget and the state off-budget funds, and from entrepreneurial activities, including income from paid services, others

income derived from the use of state or municipal

property, assigned to the BW for the operational management and other activities.

By reducing the authorized bodies of state power in the established order of the corresponding budget allocated earmarked to finance contracts concluded BU, the institution and the other side of this contract must agree on a new date and, if necessary - and other terms of the contract. A party is entitled to request from the BU only compensation for the actual damage caused by the change in the contract conditions.

Based on the projected volumes of state or municipal services and the established norms of financial expenses for their provision, as well as the execution of the estimate of incomes and expenses of the reporting period BU prepare and submit a budget request for the next fiscal year, which is supplied to the approval of the chief administrator, or manager of budgetary funds.

BU uses budget funds in accordance with the approved estimates of income and

costs. Federal Treasury of the Russian Federation or any other authority which executes the budget, together with the main managers of budgetary funds defines the rights BU to redistribute the costs of substantive articles and kinds of expenses in the performance estimates.

BU in the performance estimates of revenues and expenses on their own in the expenditure of funds received from extrabudgetary sources.

BU, subordinate to the federal organs of executive power, uses budget funds only through personal accounts BU, which are conducted by the Federal Treasury of the Russian Federation.