Over UAH 230 bln transferred to local budgets in 2018

Over UAH 230 bln transferred to local budgets in 2018

Ukrinform
In 2018, UAH 230.5 billion was transferred to local budgets, which is UAH 41 billion more compared to the previous year, according to the State Fiscal Service.

"In 2018, UAH 230.5 billion was paid to local budgets. Compared to 2017, revenues grew by 21.6%, or UAH 41 billion. In 12 months of 2017, UAH 189.5 billion was transferred to local budgets,” reads the report.

The State Fiscal Service also noted that UAH 20.8 billion was transferred to local budgets in December 2018, which is 18.7%, or UAH 3.3 billion more than in December 2017.

Also, in December 2018, UAH 25.2 billion in tax and personal income tax contributions were transferred, which is 19.7% or UAH 4.1 billion more than in 2017.

 “In 2018, tax and personal income tax contributions to the consolidated budget amounted to UAH 229.9 billion, which is 23.8%, or UAH 44.2 billion more than last year's revenues,” reads the report.


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