Regulatory Alerts2024-01-22 | DOF 5714808Added
Agreement announcing the delivery schedule, percentage, formulas and variables used, as well as the estimated amounts to be received by each federal entity from the General Participation Fund and the Municipal Development Fund for the 2024 fiscal year
The Agreement of the Secretariat of Finance and Public Credit establishes the estimated distribution of the General Participation Fund and the Municipal Development Fund for the 2024 fiscal year, specifying the percentage and monetary amounts allocated to each of the 32 federal entities. It publishes the monthly delivery calendar for these funds, with payments scheduled between the 25th and 31st of each month. The document details the mathematical formulas and variables, including GDP, population, and local tax revenues, used to calculate participation coefficients, which are applied provisionally until updated data is available in June 2024.
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