During the first six months of the year, local budget revenues increased to UAH 20.7 billion or by 23.8% against the corresponding period of the last year. Thus, the total volume of local budget revenues made up UAH 107.7 billion. Vice Prime Minister/ Minister of Regional Development, Construction, Housing and Utilities of Ukraine Hennadii Zubko posted in Facebook.
Hennadii Zubko stressed local budgets received revenies to the tune of UAH 63.3 billion due to personal income tax, which exceeded the indicators of the corresponding period of 2017 by UAH 13.6 billion (+27,3%). He pointed out budget revenues from land tax increased by UAH 12.6 billion(+2,3%) and from the single tax by UAH 13.2 billion (+28,4%).
Increase of local budgets, against the corresponding period of last year, was observed in all regions of Ukraine: from UAH 223.2 million in Chernivtsi region to UAH 1.6 billion in Kharkiv region. The budget of the city of Kyiv grew by UAH 3.3 billion.
The largest earnings-growth rates, against the corresponding period of last year, are observed in Poltava regions (+29.9%), Donetsk (+28.0%), and Ternopil (+26.9%) regions.
The highest growth rates from tax on individual income were recorded in Vinnytsia (+ 31.1%), Khmelnytskyi (+ 30%), Zhytomyr (29.7%) regions.
The Vice Prime Minister pointed out the largest revenues from land tax are observed in Sumy (+13,3%), Ternopil (+13,3%), and Luhansk (+12,7%) regions.
As of June 1, 2018, the unencumbered balance of the general fund of local budgets in the account of the State Treasury Service of Ukraine amounted to UAH 40.9 billion UAH, in deposit accounts – UAH 9.7 billion.