The FEAO carried out a training on the financial decentralization and formation of capable communities for the representatives of the VRU`s Committee on State Building, Regional Development and Local Self-Government

On November 30, 2017, the Financial and Economic Analysis Office in the VRU carried out a training on the financial decentralization and formation of capable communities for the representatives of the VRU`s Committee on State Building, Regional Development and Local Self-Government.

Yanina Kaziuk, coordinator of the financial decentralization of the Central Office of Reforms under the Ministry of Regional Development, Construction and Housing and Communal Services of Ukraine, was invited as a speaker. Two presentations were presented to the participants of the training: “The financial decentralization: results and perspectives” and “Peculiarities of forming the budgets of the consolidated territorial communities”.

Regarding the financial decentralization and formation of capable communities, it is necessary to say that an important part of the reform of local self-government and territorial organization of power are the steps, aimed at the decentralization of financial resources. Indicators of the results of the financial decentralization, an increase of the share of local budgets in the consolidated budget of Ukraine and performance indicators of local budgets are the evidence of positive results in this direction. This became possible due to increased interest of local self-government authorities in increasing revenues to the local budgets, implementing measures to find the reserves for their filling and improving the efficiency of administration of taxes and fees.

During the second part of the training, participants had an opportunity to get acquainted with the peculiarities of forming the budgets of the consolidated territorial communities. In particular, they found out about the main advantages of the budgets of the consolidated territorial communities, the state infrastructure subvention to the consolidated communities in 2016. There were also considered the main parameters and features of the state budget for 2018.

Conducting of such trainings for the members of the VRU`s committees is extremely important as they are able to find out more about new and up-to-date information from the budget and related fields, consistently improving the level of their professional knowledge, skills and abilities.