Features of Forming Budgets of United Territorial Communities on the Example of the Volyn Region
Journal Title: Економічний часопис Східноєвропейського національного університету імені Лесі Українки - Year 2017, Vol 4, Issue
Abstract
The article analyzes changes that occurred after the introduction of fiscal decentralization in five newly incorporated municipalities in Volyn region in terms of reforming the system of local budgets after year 2016. The changes in the volume of revenue of the budgets joint territorial communities as a result of the reform, and also directions and structure of the implementation of expenditures from budgets are determined. The features and regularities of financial relations of local self-government bodies in the conditions of decentralization the public finances are investigated. The main problems of the created united communities and the procedure and ways of their solution, and also the source of financial resources of each individual project are determined. An analysis of the changes in the provision of united communities by its own resources suggests an increase in its own budget revenues several times, but without state transfer support that exceeds 60 % of the total planned financial resource of the community, implementation of the reform is impossible. Therefore, the financial autonomy of the combined territorial communities is expressed in the reduction of dependence on the redistributive resource from the state budget, part of which is given to the local authorities. But along with this, large areas of established communities and abandoned infrastructure require large investments and attracting investors for special projects.
Authors and Affiliations
Vasyl Prots
Keywords
Related Articles
- EP ID EP409085
- DOI 10.29038/2411-4014-2017-04-102-109
- Views 111
- Downloads 0
The Genesis of the Theory of Taxation in the Western Scientific Tradition
The historical retrospective of the divergence of scientific theories of the taxation in the western scientific tradition and their influence on the formation of modern approaches to the construction of an efficient tax...
Tax Stimulation of Attracting a Foreign Investments in Economy of Ukraine in the Conditions of Financial Instability
In the article the basic results of reformation of the tax system of Ukraine are reflected as a result of tax reform of 2016 year. It is well-proven that estimating efficiency of tax mechanism of bringing a foreign inves...
Role Agricultural Sector in Restoring the Growth of National Economy
In the article investigated the development of the agricultural sector of Ukraine in the last five years, defined its role in the stabilization of the national economy. It is proved the inefficiency of the present of the...
From Social Needs to the Functions of Management: Evolution of Operational Control
The article studies the historical development of operational control in the light of the evolution of the relationship between people and communities in different time period. Revealed that operational control has emerg...
CAPITALS AMNESTY: INTERNATIONAL EXPERIENCE AND DESHADOWING PROSPECTS FOR UKRAINE
The publication is devoted to solving the problem of the amnesty of shadow capitals at the global level as an important financial leverage for economy deshadowing. The considerable international experience of conducting...