Treasury Department is a special organization of treasurers who service the treasury: a private or public repository of funds.

What is the “treasury” and its functional responsibilities?

This term denotes a special financial state institution (body) that carries out operations for the cash execution of the country's budget.

The Treasury deals with the following main issues:

• organizes the collection of fees, taxes and duties;
• controls income from the sale of loans;
• releases funds for expenses;
• issues money (paper).

Features of the treasury organization in the countries of the world

Each country has its own characteristics of the functioning of the above body. In the USA, the Treasury is a Department of the Ministry of Finance, in Russia - the Federal Treasury, in France - the Treasury Department of the Ministry of Finance, in Great Britain - an independent treasury.

Russia

The Russian Federal Treasury is a federal executive body or, in other words, a federal service that carries out, strictly in accordance with the legislation of a given state, enforcement obligations to ensure the execution of the Federation budget and cash services. This institution is under the jurisdiction of the Finance Ministry of Russia.

The Treasury of the Russian Federation was created in 1992 on December 8 by presidential decree. The central apparatus of this body includes the following divisions:

• Budget management and reporting;
• Division of financial and reporting operations;
• Directorate for Ensuring the Execution of the Federation Budget;
• Financial division;
• Department of control (internal) and performance evaluation;
• Legal department;
• Department of Information Integrated State Finance Systems;
• Administrative division;
• Office of Financial Technology;
• Functional Performance Improvement Division;
• Management of budget payments growth;
• Division of information secrecy regime.

The Treasury of the Russian Federation consists of territorial departments of the federal treasuries, which are part of the Russian Federation republics, the cities of St. Petersburg and Moscow, regions and territories.

Treasury bodies have the status of an independent federal service, have independent cost estimates and current accounts in banking institutions. They are legal entities and report to the Minister of Finance of the Russian Federation.

Territorial treasury bodies report to the Deputy Minister of Finance of the Russian Federation, who is also the head of the Main Directorate of the Federal Treasury.

The main functional responsibilities of the Treasury of the Russian Federation:

• management of accounting of operations for cash execution of the federal budget;
• distribution of income from taxes and fees in the budget system of the Russian Federation between budgets;
• maintains and, among other things, opens personal accounts of managers, maintains their register;
• provides data and reporting on the execution of the federal budget to the Russian Federation;
• provides mobilization preparation for the Federal Treasury;
• carries out short-term forecasting of the volume of financial resources of the state;
• serves and manages, together with the Central Bank, the state internal and external Russian Federation.

USA

The American Treasury or the US Department of the Treasury is one of the executive departments that was created back in 1789. His responsibilities include developing and executing the monetary policy of the United States, regulating financial institutions, exports and imports, printing paper dollars and minting coins, and, of course, collecting taxes.

In addition, the functions of the US Treasury Department include:

• payment of government bills;
• managing the country's debt;
• consulting on international and domestic economic, monetary, financial, trade and tax policies;
• publication of static reporting;
• criminal prosecution of persons who evade taxes;
• ensuring compliance with tax and financial federal legislation.

The activities of this department are led by the United States Jacob Lew.

What is an organization's treasury?

The above-mentioned key division or any other financial institution is engaged in ensuring the liquidity of the company (that is, it carries out payments, deposits available funds into a cash account, and raises money when there is a shortage).

In financial markets, operations are carried out directly by the treasury itself or by the dealing division, which is part of it or is parallel to it in the structure of managing the company’s liabilities and assets. In the latter case, they talk about the separation of the middle office (treasury) and the front office (dealing division).

Market risk management is a functional responsibility of Treasury. This is done with the aim of generating income from expected developments in the market. Experts highlight interest rate, currency and stock risks.

Interest risk is managed by the method of establishing interest base rates and special transfer prices for branches. Transfer prices and interest rates are offered either by the Treasury itself or by the Liability and Asset Management Committee.

The method of opening currency positions (that is, purchasing and selling one currency for another) is used to manage currency risk. Limits are also set on the amount of foreign currency positions of branches or other divisions that generate income.

By forming stock portfolios, stock risk management occurs.

Another critical function of the treasury is to coordinate the above responsibilities within the centralized management of the organization's liabilities and assets.

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What is the treasury? Based on the name of this body, we can safely say that it deals with issues of the state treasury. The Federal Treasury of the Russian Federation has a wide range of management tools and a complex organizational structure. This is the most important authority in the financial sector of the Russian executive branch. The features of the work, functions, powers and procedure for managing the Federal Treasury will be discussed in detail in our article.

Types of budget execution

The state budget is executed in two ways: bank or treasury. In Soviet times, the first method was used. Funds collected from taxpayers were transferred to the account of the tax authority of the Bank of the RSFSR. Several times a week the Bank received information about the receipt of new payments. Next, the information was transferred to the USSR Ministry of Finance. All information was summarized according to the compiled budget classification.

The inconvenience of the banking system was the manifestation of difficulties with the transfer of information. The data was not operational and was often completely falsified. The Ministry of Finance itself did not have sufficient funds and capabilities to control the situation.

In 1992, the country switched to a new tax calculation system. The Federal Treasury began to play a larger role - the body that assumed responsibilities for the execution of budget funds. This authority began to play the role of an intermediary between budget recipients (the state) and taxpayers (citizens), on the one hand, and banking institutions, on the other hand. Here we should immediately identify the priority function of the body in question - control.

What is the treasury?

The answer to this question interests many. So, the Federal Treasury is an intermediary body in the entire financial system of the Russian Federation. This body controls the movement of budget funds - both the revenue and expenditure sides. This ensures the principle of unity of the budget fund. Moreover, the flow of taxes to the treasury is significantly accelerated, which contributes to the active development of the country’s entire financial system.

The Russian Treasury, as is already clear, is part of the Ministry of Finance of the Russian Federation. The main document of the authority under consideration is the General Ledger of the Financial Corporation - a non-normative act containing information about national income and expenses. The book is maintained on the basis of a special accounting plan, also approved by the Treasury. The data included in the plan represents an informal basis for generating reports on the execution of the national budget.

Thus, the Federal Treasury of the Russian Federation implements several main functions. Firstly, it takes into account all budget income and expenses. Secondly, it confirms budget obligations and implements an authorization letter for the right to make expenses. This way the authority authorizes expenses within established limits. Finally, the Treasury manages funds that come from taxpayers quickly and efficiently.

Based on the above, it can be concluded that the main purpose of the treasury system is to facilitate the optimal management of public resources in the form of financial funds.

Treasury in the system of the Ministry of Finance

The treasury system is hierarchical. It consists of three components. The first place here is occupied by the central link - the Main Directorate of the Football Club. This is the main body involved in the implementation of consolidated accounting of expenses and revenues of the federal budget. The second link is the regional Treasury department. It operates in regions, territories, republics and autonomous territories. All information and funds from regional authorities are transferred to the Main Directorate. Finally, the third link consists of city branches of the federal treasury.

The entire presented structure is part of the executive system of government, and it is subordinate to the government Ministry of Finance. There are not so many legal sources on the basis of which the body in question can work. These are the Budget Code of the Russian Federation and the Regulations “On the Federal Treasury of the Russian Federation”. Here it is worth highlighting the Constitution, as well as some by-laws - presidential decrees and government regulations.

In the system of the Ministry of Finance, the Treasury carries out law enforcement functions. It, in fact, only serves higher authorities, while acting as a kind of intermediary. In cooperation with federal authorities, the Treasury carries out its activities directly and through territorial institutions. In the regions, the body in question cooperates with local government, subject branches of the Central Bank, with governments or executive administrations, as well as with individual public associations.

Goals and objectives of the body

In order to better understand what the Treasury is, you should pay a little more attention to the primary goals and objectives of the body in question. According to government regulations, the key goal of the Federal Treasury System is to create a common information field for the activities of municipal and national structures related to the management of financial flows. In contrast to the simple banking system of budget execution, a system complicated by an intermediary, which is the Treasury of the Russian Federation, works much more efficiently. And information, as you know, is the source of any quality development.

The Federal Treasury provides effective cash services to a wide variety of entities. The purpose of the body in question is to maintain legality in the system of such services, as well as the constant modernization of the elements of this system. Calculations implemented within the framework of budget procedures should also be improved.

As an intermediary between subjects of the tax system and banks, the Federal Treasury is obliged to help ensure the reliability of the country's entire financial system. In addition, the basis for the effective implementation of personnel policies must be developed.

What tasks are assigned to the treasury body? The first and most important is ensuring transparency and legality in the execution of the budget. The actions of banks and authorities should be clearly visible to all concerned citizens. To ensure transparency, all information systems that have at least some relation to the management of budget funds must function efficiently. The use of new working technologies will help in this, which is also the task of the body. The authorities must monitor the improvement of the infrastructure for interaction with authorities aimed at implementing budget procedures.

Control and enforcement functions of the Treasury of Russia

The enforcement powers of the Russian Treasury are primarily related to the implementation of the federal budget. The body also services cash payments related to legal relations within the boundaries of the country’s budgetary sphere. In fact, the Treasury of the Russian Federation fulfills all its duties as an auxiliary body, a kind of intermediary.

The second important area in the activities of the Financial Treasury of Russia is control. Functions in this professional area can be associated both with solving problems within the budgetary sphere and with interaction with various private authorities - for example, auditing or accounting firms. However, control alone is often not enough. It is often complemented by supervisory powers. We are talking about activities that do not involve significant interference in the economic functions of the subjects of the budgetary and financial process. Such activities are related only to monitoring the rule of law.

The functions of the Federal Treasury are constantly changing. They are supplemented, expanded and even eliminated. It all depends on the procedure for exercising legal powers, as well as on options for solving certain tasks that are directly assigned to a government department.

Authority powers

The Federal Treasury has a wide range of different powers. Based on Article 161 of the Budget Code of the Russian Federation, the main types of activities of the state authority in question should be characterized.

You need to pay attention to the following points:

• Bringing consolidated budget schedules, established amounts of funding and limits of budget obligations to the main managers, managers and recipients of funds.
• Maintaining records of budget execution operations.
• Opening accounts in credit institutions and banks for accounting of budgetary funds.
• Formation, opening and maintenance of personal accounts of senior officials - managers and recipients.
• Formation of a system for recording indicators of consolidated budget schedules, as well as the boundaries of budget obligations.
• Maintaining a register of main managers and recipients.
• Generation of operational information and reports on budget execution, as well as their subsequent transfer to the Russian Ministry of Finance.
• Receiving from managers of budget funds materials that may be needed to generate reports on the implementation of budget funds.
• Distribution of revenues from taxes and fees between regional budget systems of the country.
• Carrying out work on forecasting and cash planning of budget funds.
• Ensuring current and preliminary control and supervisory activities over the conduct of operations related to budgetary funds.
• Generalization of Russian legislative practice, making proposals for its modernization.
• Formation and high-quality storage of information that constitutes a state secret.
• Ensuring mobilization preparation of the FC system.
• Interaction within the framework of their powers with domestic and foreign organizations.
• Conclusion of government contracts for placing orders, performing work, providing services, etc.

Not all functions that are implemented by the management bodies of the Federal Treasury have been outlined above. However, the general focus is obvious: control over the flow of budget funds, as well as mediation between subjects of the tax system and banking authorities.

Treasury structure

The system is controlled through three stages, each of which contains special organs. The first stage is called the central stage. All regional authorities are subordinate to it. The central apparatus includes 14 departments:

• on budget accounting and reporting;
• administrative, financial, legal and information management;
• to ensure the state budget;
• on control over the budgetary and financial sphere;
• on modernization of functional activities;
• on conducting audit activities (internal control) and assessing the effectiveness of the activities being implemented;
• to ensure secrecy and information security;
• on the development of budget payments;
• on systematization and classification of existing information in the field of economics and social security;
• on integration of information systems in the field of public finance.

The territorial bodies of the Federal Treasury system are scattered across 85 regions of the country. They constitute the second level of the Treasury structure. The regional authorities of the system under consideration should be considered in a little more detail.

Regional branches

What are the specifics of the work of territorial bodies of the treasury system? The operating procedure is determined by law, according to which regional branches carry out constant interaction with the central office. Any department is subject to the legal requirements of the center. Sometimes orders may come from other authorities. All of them must be fulfilled.

The law clearly defines the powers of regional treasuries. They are not much different from the federal ones, but have slightly different specifics. Here's what you should pay attention to here:

• regional budget treasuries must implement the financial execution of both the federal and local budgets. The responsibilities of FC representatives include monitoring the receipt and legal use of budget funds.
• Refund, at the request of the Ministry of Finance of the Russian Federation, of funds that were excessively collected or paid untimely.
• Collection, processing and transmission of information or reports on the execution of income to higher authorities.

Some powers of regional branches of the Treasury may be regulated by the laws of the constituent entities. The main requirement here is the absence of contradictions to the norms of federal legislation.

Functions of the Chairman of the Treasury

Having considered the question of what the treasury is, we should move on to the characteristics of its chairman. The head of the body is appointed and removed from the position by order of the Government of Russia. Candidates for the position are proposed by the Minister of Finance.

The head of the Federal Treasury is personally responsible for the implementation of the powers assigned to the body. The head has deputies who are appointed to the position on his recommendation, but by order of the Minister of Finance. The total number of deputies is limited by the Government. There is no point in giving an exact figure, because it changes periodically.

What powers does the head of the Federal Treasury have? Here's what needs to be highlighted here:

• distribution of responsibilities between your subordinates (deputies);
• submission of the necessary information to the Minister of Finance of the Russian Federation;
• development of draft regulations on FC;
• submitting for consideration proposals on the maximum number of employees of the apparatus and its territorial branches;
• development of annual plans and forecast indicators on the activities of the financial company;
• formation of plans for the working order in the Treasury;
• resolving issues related to service in the treasury system;
• approval of the structure of the body and staffing of the Main Office;
• approval of the wage fund for employees of the central and regional offices;
• development of provisions on the Certificate of Honor of the Treasury;
• formation of projects on budget accounts of the Federal Treasury;
• ensuring the implementation of all legal sources on which the functioning of the body in question is based.

It should be noted that the entire structure under consideration is a legal entity. It has its own seal, stamp and state-issued forms.

Chairman of the Treasury

Since October 2007, the position of head of the structure in question has been occupied by Roman Evgenievich Artyukhin. His predecessor was Tatyana Gennadievna Nesterenko, a deputy of the State Duma of the first meeting and First Deputy Minister of Finance of the Russian Federation since October 2012.

What is known about the current head of the Federal Treasury? Roman Evgenievich was born in 1973 in the Moscow region. In 1995, he graduated from the Ordzhonikidze State Academy of Management. In 1998 he received a graduate diploma from the Moscow State Law Academy. From 1995 to 2005 Artyukhin worked in the main department of the Federal Treasury. Here he gained enough experience to head the body in 2007.

Roman Evgenievich is a candidate of legal sciences. In parallel with the implementation of his main work, Artyukhin heads the department of financial law at the University under the Government of the Russian Federation. He has the award "For Services to the Fatherland" of the second degree, as well as the Order of Honor.

Comments on filling out documents for opening a personal account in the Federal Treasury Department for Moscow

1. Application for opening a personal account (Appendix No. 2 to the order of the Federal Treasury dated October 7, 2008 No. 7n).

a) Date of Application, similar to date 30.12.2008 ;

b) Complete client name;

c) client’s TIN;

d) client checkpoint;

e) In the line “KOFK Code” indicate 7300 ;

f) In the line “Federal Treasury, body of the Federal Treasury” the following is indicated: U governing body F

f) In the line “Please open a personal account (type of personal account)” indicate the name of the personal account – "budget revenue administrator";

g) To the right of the name of the personal account it is indicated code the corresponding type of personal account (see the reverse side of the Application for opening a personal account) – "04";

h) The positions of the manager and chief accountant are indicated no reduction before the last name.

i) The application for opening a personal account is submitted on 1 sheet of A4 format (front and back).

j) Date of signing (at the bottom of the document).

2. Two cards of sample signatures (Appendix No. 3 to the order of the Federal Treasury of October 7, 2008 No. 7n). 1 card of sample signatures is certified by a notary.

Required fields:

a) On the line “Sample signature card No.” indicate serial number when recording signature cards in the client’s accounting department(if there is no accounting of cards in the accounting department - “No. 1”);

b) Date of the Sample Signature Card, similar to date indicated in the upper right corner (after the line “Form according to KFD”) – 30.12.2008 ;

V) Complete client name;

d) client’s TIN;

e) client checkpoint;

f) On the line “Legal address” you must put a space before the word Moscow;

f) In the “Phone” line, indicate the telephone number, taking into account the city code;

g) The name of the main manager of budget funds, the main administrator of the budget deficit, the main administrator of budget revenues;

i) In the line “KOFK Code” indicate 7300 ;

j) The line “Federal Treasury, body of the Federal Treasury” indicates: U governing body F Federal Treasury for Moscow (a space must be placed before the word Moscow);

j) The positions of the manager and chief accountant are indicated no reduction. Last name, first name and patronymic must be indicated fully. First and middle name after the last name.

k) The sample signature card is presented on 1 sheet of A4 format (front and back).

m) Date of signing (at the bottom of the document).

3. List of main managers, managers and recipients of budget funds, chief administrators and administrators of sources of financing the budget deficit, chief administrators and administrators of budget revenues of intra-city municipalities (local budget) (Appendix No. 1 to the order of the Federal Treasury of October 7, 2008 N 7n). Filled only

Required fields:

a) On the line “List No.” indicate serial number. At initial presentation - "1";

b) Date of Application, similar to date indicated in the upper right corner (after the line “Form according to KFD”);

c) In the line “Financial authority” indicate p complete

d) On the line “Name of the budget” indicate “ local»;

e) In the line “Name of the Federal Treasury body” the following is indicated: U governing body F Federal Treasury for Moscow (a space must be placed before the word Moscow);

f) In the line “KOFK Code” indicate 7300 ;

f) Serial number (column 1);

g) The name is indicated in full and abbreviated in the corresponding columns (2 and 3);

If the municipality has a subordinate institution, the full and abbreviated name is indicated in the line below in the corresponding columns (2 and 3). Column 5 indicates the full name of the superior participant in the budget process according to departmental subordination;

h) The positions of the manager and responsible executive are indicated no reduction. Initials must be indicated before the last name.

i) Date of signing.

4. Information on the standards for the distribution of revenues between budgets for 2009. Filled only intra-city municipalities.

Required fields:

a) The date of completion is indicated in the upper right corner (after the line “QFD Form”);

b) The line “according to OKPO” indicates the All-Russian Classifier of Enterprises and Organizations, which is a constantly updated list of unique identification codes assigned daily by the territorial bodies of the Federal State Statistics Service to all legal entities created in Russia, as well as to citizens registered as an individual entrepreneur.

c) On the line “Account number” indicate 40204 .

d) In the line “Financial authority” indicate p complete client name – name of the municipality;

e) On the line “Name of the budget” indicate “ local»;

f) In the line “Name of the Federal Treasury body” the following is indicated: U governing body F Federal Treasury for Moscow (a space must be placed before the word Moscow);

g) In the line “KOFK Code” indicate 7300 ;

g) Column 1 indicates the name of the budget classification code;

h) Column 2 indicates the budget classification code;

i) Column 3 indicates the standard (percentage) of contributions to the budget;

j) Column 4 indicates the budget type code;

j) OKATO code of the territory in which the standard applies;

k) Start date of the standard;

l) Expiration date of the standard;

m) The positions of the manager and responsible executive are indicated no reduction. Initials must be indicated before the last name.

o) In the “Phone” field, indicate the telephone number, taking into account the city code.

o) Date of signing.

All types of income are indicated, including subsidies, subventions and income from department “182” with full detail.

Editor's response

The flag of the Federal Treasury (Treasury of Russia) on its building located on Birzhevaya Square in Moscow. Photo: RIA Novosti / Natalia Seliverstova

Treasury of Russia is a government agency that centralizes, manages and distributes federal cash flows and financial investments. It is under the jurisdiction of the Ministry of Finance of the Russian Federation. Formed on December 8, 1992.

Main functions of the Russian Treasury:

• ensuring the execution of the federal budget
• cash service
• accounting and distribution of income
• management of market and currency risks.

Powers of the Federal Treasury:

• distributes (according to legally established standards) income received into the budget system between budgets of different levels;
• maintains records of operations on cash execution of the federal budget;
• opens accounts with the Central Bank of the Russian Federation and credit institutions to account for federal budget funds and other funds in accordance with the legislation of the Russian Federation;
• carries out the distribution of income from the payment of federal taxes and fees between the budgets of the budget system of the Russian Federation in accordance with the legislation of the Russian Federation;
• carries out forecasting and cash planning of federal budget funds;
• opens and maintains personal accounts of the main managers, administrators and recipients of federal budget funds;
• maintains a register of government contracts concluded on behalf of the Russian Federation based on the results of placing orders;
• ensures, within its competence, the protection of information constituting state secrets, etc.

Structure

The Federal Treasury in its structure has 85 territorial bodies and one subordinate organization - the Federal Treasury Institution “Center for Supporting the Activities of the Treasury of Russia”. The department has no representative offices outside Russia.

Story

The origin of the treasury service occurred back in the days of Ancient Rus', when the position of treasurer appeared - an official of the princely or boyar administration, the custodian of princely valuables, which were called the treasury. With the expansion of the borders of the Russian state and its strengthening, the treasury gradually grew, and this required additional control over the safety of funds. All this led to an increase in the role of treasurers and the emergence in the 15th century, during the reign Ivan III, government yards.

As a result of financial changes Peter I in 1710, the Accounting or Treasury Office was created, which was supposed to monitor the correct receipt of taxes. It existed until 1742.

The next step in the development of the Russian financial system was the exit in 1775, during the reign of Catherine II, a major legal act “Institutions for the management of the provinces of the Russian Empire” dated November 7, 1775. According to this document, in each province state chambers are created “for house-building affairs and the management of the treasury revenues of the Imperial Majesty” and their main functions are determined: “1) To generate income were collected in full and at the present time, 2) So that the income was delivered where it should be, 3) So that the income was preserved intact.”

Preservation of the treasury had already become a matter of national importance at that time. Treasurers often held public funds at risk to their lives. Thus, during the period of Pugachev unrest in the village of Malykovka (now the city of Volsk) of the Saratov province, Treasurer Tishina was executed by the rebels for not giving them the palace treasury.

The next stage in the development of the Treasury was reforms Alexandra I. In 1802, he signed the manifesto “On the Establishment of Ministries”, according to which, along with other ministries, the Ministry of Finance was created. And on February 15, 1821, the State Treasury Department was created within the structure of the new department, which became the core of the entire system of the Russian treasury service.

At the beginning of the 20th century, the role of the treasury intensified due to the growth of government revenues and expenses. New laws and internal instructions are being published that more clearly regulate the activities of treasuries. The responsibilities of treasurers at that time were: reception and storage of all income; sale of all kinds of official paper, official stamps, forms, certificates and patents; issuing fishing certificates and free fishing tickets, transferring money, and so on.

Since 1918, the treasury was disbanded, and its functions were taken over by new financial bodies. Financing of the entire national economy of the country and the entire Soviet apparatus, accounting and budget work, and management of monetary circulation were transferred to the organized Treasury Financial Commission, and subsequently to the People's Commissariat of Finance and the People's Bank of the RSFSR, and then to the Ministry of Finance of the USSR and Union Republics, the State Bank of the USSR and its territorial authorities.

Decree of the President of the Russian Federation dated December 8, 1992 No. 1556 and Decree of the Government of Russia dated August 27, 1993 No. 864 resolved the issue of reviving the treasury in Russia.

In the Russian Federation there is a single centralized system of federal treasury bodies, including the Main Directorate of the Federal Treasury of the Ministry of Finance of the Russian Federation and subordinate territorial bodies of the federal treasury for the constituent entities of the Russian Federation, cities, except for cities of regional subordination, districts and districts in cities.

The main tasks of the Treasury authorities:

1) organization, implementation and control over the execution of the budget of the Russian Federation, management of budget revenues and expenses in the Treasury accounts, based on the principle of cash unity;

2) regulation of financial relations between the budget of the Russian Federation and state extra-budgetary funds, financial execution of these funds, control over the receipt and use of extra-budgetary funds;

3) implementation of short-term forecasting of the volumes of state financial resources, their operational management;

4) collection, processing and analysis of information on the state of public finances, submission to legislative and executive bodies of reporting on financial operations of the Government of the Russian Federation on the budget of the Russian Federation, on state extra-budgetary funds, on the state of the budget system of the Russian Federation;

5) management and servicing, jointly with the Bank of Russia and other authorized banks, of the state internal and external debt of the Russian Federation;

6) development of methodological and instructional materials, procedures for conducting accounting operations on issues within the competence of the Treasury, preparing a draft budget classification, conducting accounting operations for the state treasury of the Russian Federation.

The functions of the Main Directorate of the Federal Treasury of the Ministry of Finance of the Russian Federation include:

Organization of budgetary and financial execution of the federal budget and financial execution of state federal extra-budgetary funds, based on the principle of cash unity;

Management of the work of territorial bodies of the Federal Treasury;

Informing the territorial bodies of the Federal Treasury of the amount of allocations from the federal budget for the territories they serve;

Maintaining a consolidated register of managers of federal budget funds, state federal extra-budgetary funds and federal extra-budgetary funds;

Organizing the distribution of revenues between the federal budget and the budgets of the constituent entities of the Russian Federation, transferring deductions from state tax and income receipts to local budgets;

Management of income and expenses of the federal budget and other centralized financial resources under the jurisdiction of the Government of the Russian Federation, management of funds in relevant bank accounts, except for funds of state federal extra-budgetary funds and federal extra-budgetary funds, carrying out transactions with these funds;

Organization of mutual settlements between the federal budget and the budgets of the constituent entities of the Russian Federation;

Regulation of financial relations between the federal budget and state federal extra-budgetary funds, organization of control over the receipt and use of federal extra-budgetary funds;

Organization and implementation of: short-term forecasting and cash planning of federal budget funds, other centralized financial resources and directions for their use; accounting for operations on the movement of funds from the federal budget, state federal extra-budgetary funds and federal extra-budgetary funds in treasury accounts; collection, processing and analysis of information on the state of the federal budget, budgets of constituent entities of the Russian Federation, state federal extra-budgetary funds and federal extra-budgetary funds;

Carrying out, on instructions from the Government of the Russian Federation and the Ministry of Finance of the Russian Federation, other operations with funds from the federal budget and other funds under the jurisdiction of the Government of the Russian Federation;

Organization of the work of territorial bodies of the Treasury to monitor the execution of the federal budget, state federal extra-budgetary funds, the receipt and use of federal extra-budgetary funds;

Management and servicing of state internal and external debt together with the Bank of Russia and other authorized banks, organization and implementation of placement on a repayable and paid basis of centralized financial resources administered by the Government of the Russian Federation;

Organization and conduct of operations for accounting of the state treasury.

Treasury bodies in the constituent entities of the Russian Federation, as well as cities with regional divisions, which have subordinate Treasury bodies under their subordination, carry out functions in the corresponding territory in relation to the functions discussed above, except for the functions related exclusively to servicing the federal budget assigned to the Main Directorate of the Federal Treasury .

Treasury bodies in cities, except for cities of regional subordination, districts, districts in Cities perform the following functions:

Carry out budgetary and financial execution of the federal budget, financial execution of state federal extra-budgetary funds, control over the receipt and use of federal extra-budgetary funds;

Provide targeted financing of enterprises from the federal budget, state federal extra-budgetary funds and targeted use of federal extra-budgetary funds;

Provide full accounting of managers of federal budget funds, state federal extra-budgetary funds and federal extra-budgetary funds;

Carry out the distribution of income between the federal budget and the budgets of the constituent entities of the Russian Federation, make deductions from revenues from state taxes and income to local budgets;

Carry out operations with funds from the federal budget, state federal extra-budgetary funds and federal extra-budgetary funds;

Carry out cash planning of federal budget funds, state federal extra-budgetary funds and federal extra-budgetary funds and directions for their use;

Monitor the timeliness of transactions and the targeted use of federal budget funds, state federal extra-budgetary funds and federal extra-budgetary funds;

Carry out, upon the recommendation of the Ministry of the Russian Federation for Taxes and Duties, the return to the federal budget of excessively collected and paid taxes and other payments;

Keep records of operations on the movement of funds from the federal budget, state federal extra-budgetary funds and federal extra-budgetary funds in the accounts of the Federal Treasury bodies serving the relevant territory;

Collect, process and transmit to higher authorities of the Treasury information and reports on the execution of income and expenditures of the federal budget, on the financial execution of state federal extra-budgetary funds, the receipt and use of federal extra-budgetary funds;

Carry out individual operations on behalf of higher authorities of the Treasury.

Treasury bodies are vested with the following rights;

Open accounts for depositing and issuing funds with the Bank of Russia, its local institutions, and other credit institutions;

Suspend operations on the accounts of enterprises, including banks, using funds from the federal budget, state federal extra-budgetary funds and federal extra-budgetary funds, in cases of failure to submit or refusal to present accounting and financial documents related to the use of these funds to the Treasury authorities and their officials;

Issue binding orders to collect from enterprises in an indisputable manner funds allocated from the federal budget, funds from this budget directed to state federal extra-budgetary funds or federal extra-budgetary funds used for other purposes, with the imposition on enterprises of a fine in the amount of the Bank's refinancing rate Russia;

To impose a fine on credit organizations if they fail to timely execute payment documents for the transfer and crediting of funds to the federal budget, to state federal extra-budgetary funds, or funds from the federal budget and these funds to the accounts of recipients in the relevant credit organizations in the amount applicable to the bank that committed the violation, interest rate for short-term lending increased by 10 points; submit to the Bank of Russia proposals to deprive credit organizations of licenses to conduct banking operations.

The Federal Treasury exercises the following budgetary powers:

Organizes the execution of the federal budget, as well as the budgets of the constituent entities of the Russian Federation and local budgets in the event of concluding relevant budget agreements;

Executes the federal budget, as well as the budgets of the constituent entities of the Russian Federation and local budgets in the event of concluding relevant budget agreements;

Carries out preliminary and current control over the execution of the federal budget, as well as the budgets of the constituent entities of the Russian Federation and local budgets in the event of concluding relevant budget agreements;

Carry out operations with funds from the federal budget, as well as budgets of constituent entities of the Russian Federation and local budgets in the event of concluding relevant budget agreements;

Draws up a report on the execution of the federal budget, as well as the budgets of the constituent entities of the Russian Federation and local budgets in the event of concluding relevant budget agreements;

Prepares a report on the execution of the consolidated budget of the Russian Federation;

Submits a report on the execution of the federal budget to the Government of the Russian Federation;

Establishes the procedure for keeping records and reporting on the execution of budgets at all levels of the budget system of the Russian Federation, cost estimates of budgetary institutions, establishes forms of accounting and reporting on the execution of budgets at all levels of the budget system of the Russian Federation;

Opens and closes accounts with the Bank of Russia and its institutions, as well as with authorized credit institutions for crediting and disbursing budget funds;

Opens and closes personal accounts of main managers, managers of budgetary funds, budgetary institutions, as well as budgetary accounts of other recipients of budgetary funds;

Has the right to demand from the main managers, managers and recipients of budget funds to provide reports on the use of federal budget funds and other information related to the receipt, transfer, crediting and use of federal budget funds;

Receives information from credit institutions about transactions with budget funds and funds of state extra-budgetary funds;

Sends representations to the main managers, managers and recipients of federal budget funds, the Bank of Russia and its institutions, credit organizations with the requirement to eliminate identified violations of budget legislation and monitors their elimination; suspends operations on personal accounts of the main managers, administrators and recipients of federal budget funds;

Collects in an indisputable manner from the personal accounts of the main managers, managers of budgetary funds and recipients of federal budget funds for budgetary funds used for purposes other than their intended purpose;

Collects from all accounts budget funds issued in the form of budget loans, budget loans for which the repayment period has expired, as well as interest payable for the use of budget loans, budget loans;

Imposes fines on the main managers, administrators and recipients of federal budget funds, credit organizations within the limits of its competence;

Maintains a consolidated register of the main managers, administrators and recipients of federal budget funds and carries out registration of budgetary institutions whose activities are financed from the federal budget;

Exercises other powers in accordance with budget legislation.
The Federal Treasury can execute the budgets of constituent entities of the Russian Federation and local budgets under agreements concluded with the relevant executive authorities and local governments.

The powers of the Federal Treasury bodies extend to organizations, including credit institutions, carrying out operations with funds from the relevant budgets to the extent of the powers available in relation to federal budget funds.