Revenues of Armenian communities amount to 42 billion drams<br /> as of November 1 instead of envisaged 45 billion 135 million<br /> drams<br />


Revenues of Armenian communities amount to 42 billion drams
as of November 1 instead of envisaged 45 billion 135 million
drams

  • 02-12-2009 18:00:00   | Armenia  |  Economy
YEREVAN, DECEMBER 3, NOYAN TAPAN. The total actual revenues of Armenia's communities, including Yerevan, amounted to 42 billion drams as of November 1, 2009 instead of the envisaged 45 billion 135 million drams. The revenue collection index made up 92.9%. The collection of community revenues grew by 29.3% as compared to the same period of 2008. The collection of own revenues of communities amounted to 16bn 456m 849 thousand drams or 85.7%, growing by 23.6% compared to the first ten months of last year. These indices were announced at the December 1 sitting of the Collegium under the RA Deputy Prime Minister, Minister of Territorial Administration Armen Gevorgian, the PR Unit of the RA Ministry of Territorial Administration reported. The indices of land tax and property tax collection for lands in the administrative territories of communities made up 81.2% and 95.2% respectively, increasing by 33% and 29.2% on the same period of 2008. A. Gevorgian said that the discussions showed that it is inexpedient to continue applying the RA Law on Land Tax Remissions in 2010. According to him, although the law's application allowed collecting land taxes of 1bn 23m drams accumulated in the previous years, it has also caused some problems in the administration and legal fields, in particular, it created obstacles to the current collection of land tax. As of November 1, the arrears of wages, including wages for the previous years, amounted to 976m 778 thousand drams, including 78m 735 thousand drams in 2009. The regional governors were instructed to establish control over the communities and make the communities, which are in arrears of wages for the previous years, provide additional subsidies to pay the wages.
  -   Economy