Personal calculation of financial capacity of perspective AH, - procedure explained by experts

A capable hromada is a hromada where the financial, infrastructure and personnel resources are sufficient to solve the issues of local importance, foreseen by the law in the hromada’s interest, by its local self-government bodies.

When forming a perspective amalgamated hromada, it is important to pre-calculate its financial capacity, that will allow to assess the benefits and risks of such an amalgamation, and identify the need to seek additional funds and streamline costs.

Yanina Kazyuk, financial decentralisation coordinator of the Central Reform Office under MinRegion, informed that in order to provide consultative and methodical assistance to local self-government employees, the Financial Monitoring Group experts of the Central Reform under MinRegion (with the support of the U-LEAD with Europe Programme and the SKL Project International Project) prepared Methodical recommendations to the procedure for calculating the financial capacity of a perspective AH (DOWNLOAD).

Such a calculation procedure will enable to simulate the budget of a perspective hromada, determine the need for an analysis of reserves to balance revenues and expenditures, and will also encourage consideration of the possibility of increasing the number of local councils for amalgamation into financially capable AHs.

The full version is available in Ukrainian – please click HERE

16.07.2018 - 11:19 | Views: 5214
Personal calculation of financial capacity of perspective AH, - procedure explained by experts

Tags:

budget budget methodology Ya.Kazyuk

Source:

Share the news:

Read more:
Fc235a58beb6d210e6584a476da4fd7d

15 February 2019

Changes brought by decentralisation in...

Kindergartens, gyms, sports grounds and roads are the directions of work of the Radyvylivska AH. In 2016, 17...

C7d1eb4825518b3c879d4a8fdc6dd83c

15 February 2019

Regional Project Management Centres to be...

The Ministry of Regional Development, Construction, Housing and Communal Services of Ukraine, the Embassy of the...

9c9dba0745d8b0efeff32d5cebce18ec

14 February 2019

Better life is created not in Kyiv, but in...

The first elections in the Trostyanetska amalgamated hromada of the Sumy Oblast took place in October 2017. Three...