Resolution Amending the Procedure for Providing Additional Subsidies from the State Budget to Local Budgets in Deoccupied, Occupied, and War-Affected Territories in 2024
The main purpose is to ensure additional financial support for local budgets, taking into account their actual execution. The document supplements the existing procedure with two new points. The first allows for additional allocation of subsidies based on the results of local budget execution for 8 months of 2024. The second establishes a formula for calculating such additional allocation, which considers actual personal income tax (PIT) revenues as of January 1, 2022, basic and reverse subsidy volumes for 2021, expected PIT revenues in 2024, and other indicators.
Key provisions for application:
– Possibility of additional subsidy allocation based on the results of 8 months of 2024
– Clear formula for calculating additional allocation, taking into account historical and projected PIT revenue indicators
– Inclusion of the additional allocation indicator (Др(дд)) in the overall subsidy calculation formula
