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[BUSINESS] · Bosnia & Herzegovina, Serbia · 6 sources

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Gradiška and Serbia report significant budget adjustments and revenue shifts

The City Assembly of Gradiška is set to review 14 agenda items, most notably a proposal to rebalance the 2026 city budget. The proposal increases the budget from 65.95 million KM to 79.5 million KM, an increase of 13.55 million KM. This adjustment is driven by 8 million KM from the Republic of Srpska Public Investment Program and 4 million KM for the construction of the ‘Rastimo zajedno’ kindergarten in Brestovčina. Conversely, non-tax revenues are expected to decrease due to the suspension of traffic over the Sava bridge and the closure of the Gradiška 1 international border crossing.

In Serbia, the National Assembly is reviewing the 2025 final budget account. The report indicates that the budget was executed on a smaller scale than planned, with revenues, expenditures, and the deficit all falling below projections. State revenues were 43 billion dinars lower than planned, primarily due to a shortfall in Value Added Tax (VAT) collections, which were approximately 58 billion dinars below expectations. While corporate profit tax and excise duties exceeded targets, they were insufficient to offset the VAT deficit.

Entities

Gradiška City Assembly · National Assembly of Serbia · Republic of Srpska