Kolašin Municipality plans budget increase to 11 million euros

The Municipality of Kolašin is planning a budget rebalance, increasing its total budget from 10.1 million to 11 million euros. This adjustment is driven by higher-than-expected revenues, particularly from the Equalization Fund, personal income tax, and property tax.

The additional funds are earmarked for several priority areas, including municipal roads, rural water supply, bridge repairs, and tourism. Specifically, funding for municipal roads will increase from 600,000 to 1.1 million euros, while tourism-related activities and the ‘Kolašin Echo’ festival will receive increased support to promote the city.