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:

Коментарі:

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

05 August 2021

The public is invited to discuss the bill on the population self-organisation

The public is invited to discuss the bill on...

The bill On Amending the Law of Ukraine On the Population Self-Organisation Bodies, developed by the MinRegion, is...

05 August 2021

Pupils’ nutritional standards have been changed again: what managers and teaching staff should know

Pupils’ nutritional standards have been changed...

On July, 28, 2021, the Cabinet of Ministers of Ukraine amended Resolution №305 On Approving of the Standards and the...

05 August 2021

The Government has adopted the resolution, making it possible to upgrade the ASC chain

The Government has adopted the resolution,...

The Cabinet of Ministers of Ukraine has adopted the resolution, making it possible to upgrade the chain od ASCs,...

05 August 2021

The institute of prefects is a preventor of the vertical structure of the state power, - Oleksiy Chernyshov

The institute of prefects is a preventor of the...

Thanks to decentralization, municipalities and local councils are responsible for the spheres the state used to take...

05 August 2021

Redrawing the map: Denmark mixes hard and soft criteria

Redrawing the map: Denmark mixes hard and soft...

Ulrik Kjaer is Professor of Political Science at the Department of Political Science and Public Management at the...