OREANDA-NEWS. November 20, 2008. The 2009 State Budget to envisage the steps towards local budgets. Prime Minister Yulia Tymoshenko stated at a meeting with leadership of the regional executive authorities and mayors on issues concerning implementation of the State Budget in 2008.

In particular, according to her, a part of means from overfulfillment of the national tax collection will remain in local budgets. “We should be a single tax collection team,” Yulia Tymoshenko stressed.

The Head of Government commissioned to create a working group, including representatives of the central and local authorities which shall diverse the tax proceeds to local budgets. At that an opportunity to introduce new taxes in 2009 proceeding to the local budgets, in particular, real-estate tax which is considered to be a luxury tax, will be considered.

Moreover, Yulia Tymoshenko commissioned the heads of local authorities to analyze all expenses of 2008 and transfer to a saving regime next year that provides for top priority and full financing of the protected articles and the rest expenses shall be appropriated exceptionally on real receipt of means. “Not a penny in advance, I want to warn you,” Yulia Tymoshenko said.