FEATURESOF BALANCING LOCAL BUDGETS IN UKRAINE
Journal Title: Міжнародний науковий журнал "Інтернаука". Серія: "Економічні науки" - Year 2017, Vol 1, Issue 2
Abstract
The article investigates the features of balancing local budgets in the existing conditions of local government in Ukraine. Determined that in Ukraine the system of balancing local budgets, according to the existing legislation, includes the balancing of revenues and expenditures local budgets. Showns the main tool of balancing local budgets in Ukraine remain intergovernmental transfers. Determined that the use of intergovernmental transfers as a main tool of balancing local budgets destabilized of local governments to revenues mobilisation. Shows that despite on decentralization in Ukraine in the recent years, financial capacity of local governments reduced. Proved that the intergovernmental transfers should serve as an additional tool for balancing budgets and used strictly in accordance with the laws of Ukraine. Distinguished methods of balancing local budgets taking into account possible situations: partial (equity) financing delegated responsibilities, division of state taxes and other obligatory payments collected in the territory of the local government, removal budget surplus higher level of financial resources of local budgets, balancing the budget or the budgets of higher level of other levels, settlements between budgets and others. Reasoning the necessity of using the tools of balancing local budgets for the sustainable development of local government. Offered in the case of imbalanced local budgets during a year to use tools such as budget loans (for quarterly or monthly balance) on terms of repayment to the end of a budget year or settlements between the budgets of higher and lower levels. Determined that such methods and tools should ensure the interesting of local governments in filling the revenue base of local budgets. Offered to improve theoretical and conceptual framework of the budget legislation in the allocation in Ukraine and use transfers and other tools for balancing local budgets according to established goals.
Authors and Affiliations
Alina Kozenko
Keywords
Related Articles
- EP ID EP288266
- DOI -
- Views 107
- Downloads 0
THE ROLE OF THE COHESION FUND IN THE IMPLEMENTATION OF THE PROSPECTS FOR THE DEVELOPMENT OF THE EU REGIONS
The article describes the features of functioning, as well as the role of the cohesion fund in realizing the prospects for the development of the EU regions in the context of the function of stimulating economic developm...
CONCEPTUAL APPROACHES TO BUILDING CLOUD SERVICE
The article deals with the basic principles of building a cloud services model based on SaaS. This type of cloud services is currently developing dynamically in Ukraine. The author identifies the main problems of buildin...
INFLUENCE OF THE ORGANIZATIONAL STRUCTURING OF ENTREPRENEURSHIP ON THE EMPLOYMENT OF POPULATION IN UKRAINE
The main tendencies of organizational structuring of business and their influence on employment of the population in Ukraine are analyzed here. It’s shown that entrepreneurial environment undertakers economic activity ma...
IMPACT OF FDI ON THE ECONOMY OF ARMENIA
Nowadays each country is one of the elements of the global world, and is related to the other countries by export, import, FDI, transport and by the other relationship. FDI has an important role for each country. The obj...
INDUSTRIAL PARKS AND QUARTERS IN AZERBAIJAN: CHARACTERISTICS OF FORMATION AND INVESTMENT PROCESSES
In the article the questions of formation of industrial parks and quarters and development of entrepreneurship in Azerbaijan are investigated. The investment processes of the formation of industrial parks and neighborhoo...