Legislative novelties in the sphere of local budgets and inter-budget transfers, amendments to the Taxation Code in terms of local budgets, as well as Constitutional amendments in terms of decentralization – these and other issues were discussed by participants of the discussion «Discussing novelties of the taxation and budget legislation in 2021-2022». The event was organized by the HOVERLA USAID Project and the Association of Ukrainian Cities.

According to experts of the Association of Ukrainian Cities, for the purpose of horizontal equalization of territories’ capacity to pay taxes, the basic subsidy of UAH 14,5 billion and reverse subsidy of UAH 9,6 billion are stipulated for local self-government budgets. It does not change municipality subsidizing rate: 75% of municipalities remain subsidized, with only 14% being donors and 11% balanced ones.