Ivano-Frankivsk City Council adopted the city budget for 2012 on December 30 with revenues at UAH 737.839 million and expenditures at UAH 740.567 million.
The revenues include equalization transfer worth UAH 83.174 million, UAH 205.613 million in subventions from the national budget and UAH 209,000 in subventions from the regional budget.
It is planned that in 2012, the general fund of the city budget will get UAH 660.266 million in revenues, the special fund will receive UAH 77.572 million, including UAH 43.731 million as the development budget and UAH 2.5 million as the target funds established by local authorities.
The expenditures of the 2012 city budget will be UAH 740.567 million, including UAH 655.590 million from the general fund, and UAH 84.807 million from the special fund.
Head of the finance department of the city’s executive council Viktoria Susanina said that both revenues and expences of the municipal budget grew by 12% year-over-year.
