Budget of hromadas of Dnipropetrovsk Oblast will increase by UAH 1.5 billion after land decentralisation

Due to land resources’ management, the budgets of amalgamated hromadas of the Dnipropetrovsk Oblast can grow by 40%. Additional funds will amount to about UAH 1.5 billion per year, reported Olena Tertyshna, director of the Dnipropetrovsk Local Government Development Centre, established with the support of the U-LEAD with Europe Programme and MinRegion.

“In some hromadas of the Dnipropetrovsk Oblast, land is the main budget filling resource. From now on the hromada council will decide on the use of land resources to fill its budgets on its own. According to the expert estimates, the budgets will increase by 40% following the transfer of land to hromadas. The budgets of hromadas of the oblast for 2018 amount to over UAH 3.3 billion, therefore, the transfer of land will add an estimated UAH 1.5 billion,” said Olena Tertyshna.

Having received land resources, hromadas will be able to make their own decisions on the disposal of land for the opening of new enterprises. In this regard, AHs develop their investment projects. In particular, the Vakulivska hromada plans to place a solar power plant on its territory.

“Now we are creating investment projects. They differ in each hromada. The Vakulivska hromada has a project on solar panels. It will take 1-2 years to install them. The solar power plant yields UAH 7 million of income per hectare per year. If it is located in the hromada, land rent will be paid to the hromada budget. New jobs will appear as well,” said Artur Shevtsov, head of the Vakuliska AH.

 

07.02.2018 - 09:20 | Views: 1519
Budget of hromadas of Dnipropetrovsk Oblast will increase by UAH 1.5 billion after land decentralisation

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