Poltava's Budget Slippage: The City Could Lose 166 Million UAH Due to a Reduction in the Personal Income Tax
Monetary challenges in Poltava: a considerable drop in the municipal budget is anticipated in the coming year.
Should the 2026 National Budget ultimately be approved, decreasing the percentage of individual income tax directed to the local coffers from 64% to 60%, the municipality will forfeit UAH 166 million in the subsequent year. These findings surfaced in Poltava, where the municipal council executive committee ratified the draft decision “Regarding Approval of the Budget Prediction for the Poltava Urban Territorial Community spanning 2026-2028.”
In general, Poltava is projected to experience a 4.4% decrease in income in 2026 relative to anticipated incomes in 2025.
The standstill in the land sector continues to be a noteworthy issue for Poltava. Income to the dedicated fund is predicted to diminish by 55.8% in 2026, since income to the growth budget is not forecasted owing to an absence of prospective purchasers for land parcels and city-owned assets.
