Over the period of January to July 2017, UAH 102.8 billion was paid to the general fund of local budgets, which amount totals 63.3 % of the planned annual targets approved by local councils.
It was reported so by Halyna Markovych, Coordinator of the focus area "Local Budgets" of the Project Office for Sectoral Decentralisation.
According to her, the highest annual performance of budgets is in Rivne (72%), Kyiv (69.3%), Poltava (68.7%), Volynska (68.1%), Chernivtsi (67.7%), and Ivano-Frankivsk (66.9%) Oblasts (Regions).
Due to the financial decentralisation, the addition of revenues of local budgets, in comparison with the same period of the previous year, totalled 32% or UAH 24.9 billion. In this connection, a higher than average growth rate of revenues in Ukraine was secured in 19 Oblasts (Regions). The highest growth rate is seen in Ternopil, Vinnytsia, Ivano-Frankivsk, Kirovohrad, Khmelnytskyi, and Kherson Oblasts", Halyna Markovych reported.
Also, she noted that, as in the previous periods, the addition with respect to all taxes was secured, in particular:
According to Halyna Markovych, higher revenue growth rates have been preserved by budgets of the amalgamated territorial communities.
Thus, the revenues of the general fund of budgets of the 366 amalgamated territorial communities that were established in 2015-2016, in terms of comparison, have increased by 39.8 % or by UAH 1.3 billion (UAH 3.4 billion in January to July 2016, UAH 4.7 billion in January to July 2017).
In this connection, the growth rate of personal income tax collections totals 51.3% (+ UAH 0.9 billion); flat-rate tax, 50.9% (+ UAH 0.2 billion); land use fee, 19% (+ UAH 0.1 billion).
"It should be noted that, under the conditions of decentralisation, the efficiency of using the funds of local budgets depends on the local government authorities. Since today, the matters pertaining to the determination of priority guidelines of territory development and allocation of budgetary funds to certain areas fall under their authority, and the local government authorities are independent in making decisions on those matters", Halyna Markovych noted
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