Vinni adopts new financial management rulebook

The Vinni municipal council has adopted a new financial management procedure (Vinni valla finantsjuhtimise kord, regulation no. 15 of 29 October 2026)Riigiteataja setting how the municipality's budget is built, adopted, executed and reported. Adopted under the Local Government Organisation Act and the Local Government Financial Management Act, it binds the municipal administration and its administered institutions, repeals the 2018 rulebookRiigiteataja and enters into force on the third day after its publication in Riigi Teataja. Accounting detail stays in internal rules approved by the municipal mayor.

The budget year runs from 1 January to 31 December and the budget is accrual-based, recording transactions when they occur regardless of cash movementRiigiteataja. It has five parts — operating revenue, operating expenditure, investing activities, financing activities and the change in liquid assets — and the council further splits operating expenditure by field and administered institution. Operating expenditure carries a reserve fund for unforeseen spending.

Drafting follows a fixed autumn timetable: guidance and forms go out by 1 September, agency heads file drafts with notes in the VeeRa software by 15 September, the finance service compiles a preliminary draft by 31 October, and the government tables it at the council at least one month before the new year; the draft and its explanatory note are published on the municipal website after submission. The council holds at least two readings and adopts the budget by regulation with a majority of votes, and the administration publishes it within seven working days; it applies from the start of the year. Amendments need reasons, calculations and coverage, with three forward years for permanent spending; defective proposals may be rejected and uncovered increases disregarded.

If no budget is adopted by 1 January, interim spending is limited to obligations due under legislation, investment contracts or announced procurements, earmarked financing and court judgments, plus one-twelfth per month of the lower of the prior final budget and the new draftRiigiteataja. A supplementary budget may change the budget during the year; if revenue falls short, the government may curb spending and table a negative supplementary budget. Multi-year commitments need cover in the budget strategy or a council permit, and agency heads are directly liable for overruns. Execution figures are publicly visible through VeeRa's interactive view, with quarterly reports to the ministry by the end of the following month.

The reserve fund is 0.2 to 0.5 percent of total operating expenditureRiigiteataja for genuinely unforeseen spending only: crisis prevention and accident recovery, indispensable unbudgeted costs, justified overruns, redundancy payments, project co-financing and other reasoned surprisesRiigiteataja. Allocations are earmarked by government order, recipients keep separate accounts, unused money returns to the fund and the government reports to the council.

The finance service drafts the annual report and instructs units and agencies on preparation; the government approves it and the mayor signs; Vinni municipality's controlled companies, foundations and non-profits file their approved annual report and the sworn auditor's report with the municipal government within four months of year-end, where an audit is mandatoryRiigiteataja; the audit committee hears the auditor; the council confirms the report by 30 June and everything is published within seven working days. Borrowing is limited to investments, asset-acquisition financing, equity purchases and refinancingRiigiteataja and is decided by the council; overdrafts for cash flow are repayable by 31 December, and court-ordered obligations may be debt-financed in agreement with the ministry.

Legal basis: Vinni Vallavolikogu regulation no. 15 of 29 October 2026 (Vinni valla finantsjuhtimise kord)Riigiteataja, adopted under Kohaliku omavalitsuse korralduse seadus § 22 lg 1 p 37 and Kohaliku omavalitsuse üksuse finantsjuhtimise seadus § 5 lg 6 ja 7, § 21 lg 1 and § 361.