Статистика України (Sep 2017)
Economic and Statistical Analysis of Local Budgets Revenues
Abstract
The article contains economic analysis of revenue generation for local budgets in the Ukrainian context by use of official statistical data covering, essentially the period of 2008-2014. A review of theoretical approach to interpretations of the notion “local budgets revenues” is made; for the analysis purposes, local budgets revenues are defined as a system of economic relations occurring between central power authorities, local administration bodies, physical persons and legal entities with regard to distribution and redistribution of GDP. The level of financial decentralization in a country can be measured by the share of local budgets revenues in the consolidated budget. In the Ukrainian context, this share was continually decreasing. The statistical analysis of local budgets revenues by source of revenue shows the most significant sources: tax revenues (which, however, featured year-year reduction), personal tax revenues, and land-use charge. The structural analysis of the land-use charge shows the increasing share of land rent and the reducing one of land tax. Shares of the other taxes in tax revenues of local budgets in Ukraine were insignificant and shrinking. It is shown that the ratio of transfers to tax revenues was up with the increasing share of transfers in local budgets, which is an evidence of high financial dependence of local self-governance bodies on central power authorities in Ukraine.