Revenues collected by municipalities around Lithuania increased in 2015 with 57 municipalities receiving more than €80 million in extra revenues in 2015, according to Ministry of Finance data.
© Fotolia nuotr.

It is estimated that last year, municipal budgets received a total of more than €1.23 billion in income – 7% more than projected.

The Lithuanian government has approved a proposal from the Ministry of Finance to allocate more than €385,000 to the three municipalities that have collected less revenue than expected in 2015.

Only three municipalities - Visaginas, Mažeikiai district and Skuodas district were affected. After an evaluation of municipality budget execution reports and the tax exemptions issued by municipal councils at the expense of municipality budgets, €101,000 has been allocated to Visaginas municipality, €133,000 to Mažeikiai district municipality and €150,000 to Skuodas district municipality.

Alfa.lt

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