Economy

Lviv Region communities meet general fund revenue targets

All territorial communities of Lviv Region, based on the results of ten months, have met their planned targets for tax and payment revenues to the general fund of local budgets. This was reported by the Director of the Finance Department of the Regional State Administration, Oleh Demkiv.

Overall across the region, the revenue plan for January–October was exceeded by 2.8%, and as of 1 November the level of implementation of the annual plan stands at 86.3%.

At the same time, the department draws attention to certain communities where the annual plan indicators are still insufficient. In the Pidkamin territorial community, implementation of the annual revenue plan stands at 81.5%. A similar situation is observed in the Bibrka and Brody communities, where the figure is 81.9%, as well as in the Rava-Ruska community with an implementation level of 82%.

Given that there is little time left until the end of the budget year, the Finance Department recommends that communities strengthen control over the implementation of planned revenue indicators in order to come as close as possible to their annual targets.

Compared with the same period of the previous year, all 73 territorial communities of Lviv Region have ensured an increase in tax revenues to local budgets.

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