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Kharkiv region has adopted a budget for 2016: Where will the money be spent?

Photo from documentary.org

Deputies adopted the next year Kharkiv region budget, at the plenary meeting of the second session of the Kharkiv Regional Council of the VII convocation. 101 deputies voted to approve the budget.

The total budget will exceed 7 billion 750 million UAH, including nearly 1.2 billion of financial resource excluding money transfers.

The profitable part of the regional budget for 2016 (excluding transfers from the state budget) amounted to 1 billion 198.6 million UAH. Including the general fund – 1 billion 65.2 million UAH and special fund – 133.4 million UAH.

According to Director of the Department of Finance of Kharkiv regional state administration Sergey Ovsyannikov, the tax on income of natural persons will remain the main source of revenues of the general fund budget.

Feel free to check the following diagrams that clarify how much of budgetary resources are involved in budget planning.

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Diagrams were created at infogr.am
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