Local budget revenues grow to UAH 108 billion in January-May 2019 – Vice PM Zubko

Local budgets’ revenues have grown by 20.4% to UAH 108 billion in January-May 2019, Deputy Prime Minister - Minister of Regional Development, Construction, Housing and Utilities Hennadiy Zubko has said.

“Over five months of 2019, local budgets’ revenues grew by 20.4% or UAH 18.3 billion compared to the corresponding period of last year, and amounted to UAH 108 billion," the minister wrote on Facebook.

In particular, revenues from the personal income tax amounted to UAH 62.4 billion, which exceeds by UAH 11.7 billion (23.0%) the revenue for the corresponding period of last year. Revenues transferred from payments for land make up UAH 12.9 billion, which is UAH 2.5 billion (24%) more than for the similar period of last year.

Real revenues from the single tax make up UAH 15.1 billion (grew up by UAH 2.9 billion, or 23.5%). Real revenues from the real estate tax amounted to UAH 1.9 billion (an increase of 33.7%).

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