Financial
decentralization is in effect. The general fund of local budgets in
January-August 2017 has been filled with UAH 120.7 billion. The increase in
revenues against the corresponding period last year amounted to 30.8% or UAH
28.4 billion. Vice Prime Minister/ Minister of Regional Development,
Construction, Housing and Utilities of Ukraine Hennadii
Zubko posted in Facebook.
Thus, in 21
regions revenues growth rate is characterized as above the average in Ukraine.
"Also, there
has been preserved a positive tendency for the increase of revenues of budgets
of 366 consolidated territorial communities. Over 8 months, they have upped to
UAH 5.5 billion", told the Vice Prime Minister.
Local budgets of
366 CC for 8 months of the current year have soared by 85.5%, or by UAH 2.5
billion. The average income showing per capita in the consolidated communities grew
by UAH 816 and amounted to UAH 1,771.
At that over the
abovementioned period of 8 months 366 CCs received a subvention from the state
budget for infrastructure development to the tune of UAH 826.3 million.