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Local revenues increased by almost 41%.

Local revenues increased by almost 41%.

Posted in News.

Revenues for the first 9 months of 2015 amounted to 96.4% of annual revenues, approved by local councils.

Proceeds to local budgets for the year rose by almost 41%, according to the Ministry of Finance  of Ukraine.
So, receipts to the general fund of local budgets in January – September of the current year (excluding transfers) amounted to 70.9 billion hryvnia, which is 40.7% or 20.5 billion hryvnia more than in January – September of last year.
It is noted that revenue for the first 9 months amounted to 96.4% of annual revenues, approved by local councils.
Including the proceeds of the tax on personal income in January-September increased by 19.3%, payments for the land – 29%.
It also reported that as of October 1, local budgets received 115.964 billion hryvnia intergovernmental transfers, representing 96.5% of the planned for the period.

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