Significant budget surpluses have accumulated in Kyiv, which remain unspent despite the city’s pressing needs.
This is reported by Kyiv24
According to forecasts by Andrii Vitrenko, head of the Kyiv City Council’s budget committee, the amount of unspent funds in 2025 may exceed 15 billion hryvnias. This issue is raised once again at the end of the year, with only one month left until the end of the budget period.
Issues of Budget Underutilization and Unresolved City Problems
According to Andrii Vitrenko, Kyiv still faces a number of unresolved issues. In particular, the restoration of housing damaged by shelling is progressing slowly, and hundreds of elevators in high-rise buildings are out of service. Additionally, administrative service centers (CNAП) lack alternative power sources, leading to interruptions in their operations during power outages.
“At the meeting of the Permanent Commission of the Kyiv City Council on budget, socio-economic development, and investment activities, we once again encountered a familiar problem: there is one month left until the end of the year, and large surpluses are accumulating in Kyiv’s accounts again. I bet that this time they will exceed 15 billion hryvnias,” Andrii Vitrenko wrote.
Construction of Shelters and Future Plans
Among the pressing issues, Andrii Vitrenko also highlights the construction of shelters in the capital’s schools. According to him, this work has been ongoing for years and costs significantly more than in frontline cities. For comparison: in Zaporizhzhia, an underground school for 800 students is being built in 6–8 months at a cost of 113 million hryvnias, while in Kyiv, a similar facility takes over 18 months to construct and costs more than 200 million hryvnias. Despite the city’s budget exceeding 110 billion hryvnias, Kyiv allows itself billion-hryvnia surpluses while residents lack basic necessities – light, shelters, and functioning elevators.
Furthermore, the budget committee of the Kyiv City Council has already prepared a procedure for reviewing and approving draft decisions regarding the capital’s budget for 2026 and the Economic and Social Development Program of Kyiv for the same year. The relevant documents are planned to be presented to the deputies for consideration at the upcoming plenary session.