Revenues of local budgets of Ukraine for the first half of 2018 increased by 23.8% or by UAH 20.7 billion compared to the same period in 2017. Thus, the total volume of own revenues amounted to UAH 107.7 billion, announced Hennadii Zubko, Vice Prime Minister – Minister of Regional Development, Construction, Housing and Communal Services of Ukraine.

According to him, local budgets received a personal income tax of UAH 63.3 billion, which is by UAH 13.6 billion (+27.3%) more than in January-June of the previous year, land payment revenue of UAH 12.6 billion (+2.3%), and single tax of UAH 13.2 billion (+28.4%).

The growth of local budgets was observed in all regions of Ukraine, compared to the same period last year: from UAH 223.2 million – in the Chernivtsi Oblast, to UAH1.6 billion – in the Kharkiv Oblast. The budget of Kyiv has increased by UAH 3.3 billion.

The highest revenue growth rates were recorded in the Poltava (+29.9%), Donetsk (+ 28.0%), Ternopil (+ 26.9%) Oblasts in relation to last year.

In terms of personal income tax revenue, the highest growth rates were recorded in the Vinnytsia (+31.1%), Khmelnytskyi (+30%), Zhytomyr (29.7%) Oblasts.

In terms of land payment revenue, the leaders are the Sumy (+13.3%), Ternopil (+13.3%), and Luhansk (+12.7%) Oblasts.

As of 1 June 2018, the balance of the general fund of local budgets on the Treasury accounts amounted to UAH 40.9 billion, and UAH 9.7 billion on deposit accounts.