Rivne Region Received Over 3.4 Billion Hryvnias to the Budget

Rivne Region Received Over 3.4 Billion Hryvnias to the Budget

During the first quarter of this year, the general fund of local budgets in the Rivne region received 3.4 billion hryvnias. This is 22% more than in the corresponding period last year.

This is reported by Rivne24

The increase in revenue was made possible by several main sources:

  • 36% – excise tax;
  • 23% – personal income tax;
  • 23% – property tax;
  • 14% – single tax.

The approved revenue plan for the region was fulfilled by 109.4%. In addition to local revenues, Rivne also received 2.4 billion hryvnias from the state budget in the form of interbudgetary transfers.