01 August 2025

What the money will be used for: Odesa City Council allocates 43 million from the reserve fund

(Photo: Natalia Dovbysh/Intent)

During an extraordinary session, members of the Odesa City Council supported amendments to the city program "Unbreakable Odesa" for 2024-2028 and, accordingly, approved changes to the city budget for 2025.

As stated in the explanatory documents to the decision on budget amendments, it is a matter of reducing the amount of the reserve fund of the budget of the Odesa city territorial community by UAH 43 million 985.4 thousand.

These funds are planned to be distributed as follows:

As for the "Unbreakable Odesa" program, within the framework of its implementation, the Department of City Improvement of Odesa City Council was allocated UAH 22 million for:

During the discussion of the decision, Petro Obukhov, a deputy of the Odesa City Council, asked whether the city council would have enough money until the end of the year if these funds were allocated. In response, Andriy Zarytskyi, Head of the Finance Department of the Odesa City Council, said that the budget revenue plan is currently being exceeded, and the tax inspectorate predicts an increase in tax revenues compared to last year. Given these forecasts, the finance department is confident that there will be enough money.

Кирило Бойко

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