In the first quarter of the current year, 155.5 million UAH was received to the general fund of budgets of all levels in the region, which constitutes 96.7 percent of the assigned target. This was discussed at a staff meeting at the Volyn Regional State Administration during the review of the issue "On the results of local budget implementation in the first quarter of 2004." The consolidated budget of the region received 5.4 million UAH less than expected, including 15.0 million UAH less to the state budget. Local budgets of the region based on their own revenue base were fulfilled at 124.5 percent of the indicators approved by local councils, with an additional 9.6 million UAH received in own and assigned revenues. In the current year, positive dynamics of revenues to local budgets compared to last year are maintained. Compared to the corresponding period of 2003, their revenues increased by 4.6 million UAH, or by 10.4%. This trend is observed in all districts and cities of regional significance, except Volodymyr-Volynskyi, Horokhivskyi and Lokachynskyi districts. The greatest growth was achieved in Ivanychivskyi district at 45.5%, Kamin-Kashyrskyi at 43.9% and Lyubeshivskyi at 32%.
In the first quarter, the consolidated budget of Volyn region was fulfilled at 96.7 percent
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