Article Five
THE BUDGET
CHAPTER SIXTEEN
79. The financial policy of the Russian Socialist Federated Soviet Republic in the present transition period of dictatorship of the proletariat facilitates the fundamental purpose of expropriation of the bourgeoisie and the preparation of conditions necessary for the equality of all citizens of Russia in the production and distribution of wealth. To this end it sets forth as its task the supplying of the organs of the soviet power with all necessary funds for local and state needs of the Soviet Republic, without regard to private property rights.
80. The state expenditure and income of the Russian Socialist Federated Soviet Republic are combined in the state budget.
81. The All-Russian Congress of Soviets or the All-Russian Central Executive Committee determine what matters of income and taxation shall go to the state budget and what shall go to the local soviets; they also set the limits of taxes.
82. The soviets levy taxes only for the local needs. The state needs are covered by the funds of the state treasury.
83. No expenditures out of the state treasury not set forth in the budget of income and expense shall be made without a special order of the central power.
84. The local soviets shall receive credits from the proper People's Commissars out of the state treasury, for the purpose of making expenditures for general state needs.
85. All credits allotted to the soviets from the state treasury, and also credits approved for local needs, must be expended according to the estimates, and cannot be used for any other purposes without a special order of the All-Russian Central Executive Committee and the Soviet of People's Commissars.
86. Local soviets draw up semi-annual and annual estimates of income and expenditure for local needs. The estimates of urban and rural soviets participating in county congresses, and also the estimates of the county organs of the soviet power, are to be approved by provincial and regional congresses or by their executive committees; the estimates of the urban, provincial, and regional organs of the soviets are to be approved by the All-Russian Central Executive Committee and the Council of People's Commissars.
87. The soviets may ask for additional credits from the respective People's Commissariats for expenditures not set forth in the estimate, or where the allotted sum is insufficient.
88. In case of an insufficiency of local funds for local needs, the necessary subsidy may be obtained from the state treasury by applying to the All-Russian Central Executive Committee or the Council of People's Commissars.