The reform of public investments in Ukraine is focused on the strategic development of territories and the transition from sectoral to spatial investment. At the same time, rural territorial communities, for the most part, having lower financial and institutional capacity compared to urban ones, have lower opportunities to compete for investment resources. This, in turn, is a risk of increasing intra-regional disparities in the development of territories. The article substantiates the sources of public investment - the State Fund for Regional Development, subvention for the development of community infrastructure, capital expenditures of local expenditures, international technical assistance, funds attracted under state, local guarantees. The financing instruments for third countries from the European Union structural funds for the period 2021-2027 and the directions of financing rural areas are analyzed. The directions and features of financing rural areas through the financial instruments of the European Union structural funds - NDICI, Interreg, IPA, UkraineFacility are highlighted. An analysis of international organizations that directly support the development of rural areas in Ukraine - IFAD, FAO, EAFRD is conducted. The problems of limiting the volume of state and local budgets for financing public investments, the low level of institutional and financial capacity of local self-government bodies of rural communities, the low activity of local guarantees from village and settlement councils are highlighted. Implementing public investment projects, communities can attract funds from international technical assistance, grant funds, borrowing, but at the same time they have the problem of limited knowledge and practical skills, which does not allow attracting financial resources for local development. The level of institutional capacity of local governments also deteriorated due to the outflow of qualified personnel during the war, the absence of project managers, and low consulting assistance from regional development agencies. On the one hand, the possibilities of raising funds for frontline communities have expanded due to the implementation of the country's recovery program, and on the other hand, significant territories have appeared that, due to the loss of potential, have become unsuitable for investment. 

public investments, rural areas, international technical assistance, state budget, local budge, EU Structural Funds 

The problem of growing intra-regional differentiation in Ukraine becomes aggravated primarily due to the formation of territorial communities, which are strongly differentiated not only by the size of territories and the number of inhabitants but also by their economic development capacity, which creates different opportunities for their development and the conditions for building the financial capacity of territorial communities. The article aims to study the differentiation of the development of territorial communities by financial indicators on the example of the Lviv region. In the process of carrying out a scientific study, a systematic methodological approach was used in combination with the methods of statistical research to achieve its goal. The article analyzes the level of differentiation of territorial communities according to such financial indicators as own revenues of local budgets, index of fiscal capacity, share of transfers of local budgets. The authors find that the relatively stable economic conditions in the western regions and the relocation of enterprises from the east of the country created the prerequisites for higher growth rates of own revenues of local budgets in the region compared to the country as a whole. The unevenness of personal income tax revenues from military personnel allowances to local budgets has increased the intra-regional differentiation of development and changed the positions of leaders in the ranking of territorial communities of the Lviv region. Miscalculations during the consolidation of territorial communities became a negative factor in the strengthening of intra-regional differentiation, which did not contribute to increasing the financial capacity of newly created territorial communities, but on the contrary only increased demographic and economic asymmetries. The article analyzes the trends in revenues to the local budget from other taxes such as land tax, excise tax on fuel, and single tax in wartime conditions. Overcoming intra-regional development differentiations requires the implementation of a balanced regional policy aimed at reducing territorial disparities in socio-economic development and further promoting the implementation of the decentralization reform with a timely response to the threats and new challenges caused by the war. 

local budgets, territorial communities, own revenues, differentiation, tax capacity index, inter-budgetary transfers