As of August 1, 2004, the revenue part of the general fund of local budgets (excluding inter-budgetary transfers) received 9,794.8 million UAH, or 61.8% of the plan. Compared to the corresponding period last year, revenues increased by 72.7 million UAH, or by 0.7%. According to operational data, for January-July 2004, the first basket of local budgets received 8,190.2 million UAH (111.8%) according to the schedule of the Ministry of Finance of Ukraine for the corresponding period. Above the calculated indicators, 867.2 million UAH was received. As LIGABiznesInform was informed in the Department of Interaction with the Public and Media of the Ministry of Finance of Ukraine, the high level of implementation of local budgets for January-July is in the following oblasts: Rivne – 145.8%, Zhytomyr – 141.1%, Luhansk – 135.9%, Kyiv – 131.3% and Volyn – 130.6%. Personal income taxes for the seven months of this year amounted to 6,734.4 million UAH. According to information from the State Treasury of Ukraine, as of August 1 of this year, local budgets received equalization grants in the amount of 4,628.0 million UAH, or 106.2% of the plan. Additional grants aimed at reducing actual disparities between local budgets due to the unevenness of the network of budgetary institutions, subventions for payment of assistance to families with children, low-income families, persons disabled since childhood and disabled children, subventions for providing benefits and subsidies to the population for the construction and purchase of housing for military servicemen, etc., have been fully financed.
Revenue receipts to the general fund of local budgets as of August 1 increased by 0.7%, - Ministry of Finance. Volyn has one of the highest levels of revenue receipts
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