Financial Decentralisation: Local Budgets Have Increased by UAH 34.2 Billion over the Period of Nine Months

According to the Ministry of Finance of Ukraine, the general fund of local budgets received (net of transfers) UAH 103.9 billion over the period of January through September of the current year, which amount constitutes 99.4% of the annual volume of revenues approved by local councils.

The addition of revenues to the general fund in comparison with the period of January through September of the previous year (under comparable conditions and without taking into consideration the territories not controlled by the Ukrainian Government) totalled 49.0% or + UAH 34.2 billion.

The growth rate of actual return of personal income tax in comparison with the period of January through September 2016 totals 149.2%, and of land fee, 162.3%. At the same time, in 22 and 6 regions, respectively, the growth rate is higher than average in Ukraine.  (slides 1-2).

In general, the amount of personal income tax over the period of January through September totals UAH 55.5 billion - the level of implementation of the annual target as approved by local councils is 91.5% (slide 3), the land fee totals UAH 17.4 billion - the level of implementation of the annual target as approved by local councils is 110.6%. 

Source:

Share the news:

Comments:
*To add comment you should be authorized or sign_in
Read more:

12 November 2024

Strengthening the Local Economy. What Are Creative Hubs and How Do They Breathe Life into Communities

Strengthening the Local Economy. What Are...

Today, the economic success of a community is based not only on the quantity of goods produced, but also on its...

12 November 2024

Мінрегіон у партнерстві з UCORD налагоджує комунікації з Агенціями регіонального розвитку

Мінрегіон у партнерстві з UCORD налагоджує...

Міністерство розвитку громад та територій України налагоджує комунікації з агенціями регіонального розвитку...

12 November 2024

Як громадам ставати регіональними полюсами зростання

Як громадам ставати регіональними полюсами...

Автори: Ярослав Жидик, асоційований партнер консалтингової компанії СІВІТТА Мирослав Кошелюк, експерт з місцевого...