City Finances

Kherson is the main regional tax-payer. Its total weight in revenues of the regional consolidated budget in 2006 was more than 80%.
Annually, according to the results of economic activity of all parts of management, to the budgets of all levels 400-500 mil. UAH of taxes and dues are transferred.
|
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
|
Total takings to budgets of all levels |
332,9 |
437,0 |
449,2 |
409,9 |
444,1 |
610,2 |
|
Transfers to the city budget |
102,3 |
127,4 |
120,5 |
151,6 |
195,4 |
275,1 |
|
in % to total takings |
30,7 |
25,6 |
26,8 |
37,0 |
44,0 |
45,1 |

During the city budget forming the basic part of it is a tax on income of physical persons and transfers from the state budget.
Along with the increase of the city budget revenues, the costs, led to social sphere, renewal and reconstruction of roads, trolleybus depot-renewal and etc., increase too. Also there is an increase of budget securing per city person.
The growing of business activity of enterprises and city revenues activate the development of banking sphere, which is represented in Kherson by 32 bank branches. The total sum of deposit accounts of these banks has been increased in 5 times for 6 years. Deposit accounts of physical persons make 68,7% of the total sum of deposits. The growth of long-term deposit accounts of physical persons means the trust to banking system and has increased in 10 times for 6 years.



