Municipal Budgets Formation Problems in the Russian Federation

In this article author examines main problems in the sphere of municipal budgets formation. Significance of the financial independence of municipalities, role of legislation in the formation of local budgets and the necessary directions for its development are indicated. Financial security of local...

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Main Author: Maksim I. Glubokiy
Format: Article
Language:Russian
Published: Alexander Galushkin Publishing House 2017-03-01
Series:Èkonomika, Pedagogika i Pravo
Subjects:
Online Access:http://ecoedulaw.ru/en/2017/1/13
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author Maksim I. Glubokiy
author_facet Maksim I. Glubokiy
author_sort Maksim I. Glubokiy
collection DOAJ
description In this article author examines main problems in the sphere of municipal budgets formation. Significance of the financial independence of municipalities, role of legislation in the formation of local budgets and the necessary directions for its development are indicated. Financial security of local entities is primarily necessary for their social and economic development and raising standard of living of the population. In the structure of incomes of local budgets for today the key role is played by financial deductions from budgets of higher levels. Without the creation of the own, independent property base, it is impossible to talk about the sustainable and stable development of municipalities. To solve existing problems in this area author gave concrete practical recommendations on legislative improvement of local budgets formation mechanisms.
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spelling doaj.art-af91051013f6494fb19749cee9879de32022-12-22T00:13:38ZrusAlexander Galushkin Publishing HouseÈkonomika, Pedagogika i Pravo2414-37312017-03-01011313Municipal Budgets Formation Problems in the Russian Federation Maksim I. Glubokiy0 RUDN UniversityIn this article author examines main problems in the sphere of municipal budgets formation. Significance of the financial independence of municipalities, role of legislation in the formation of local budgets and the necessary directions for its development are indicated. Financial security of local entities is primarily necessary for their social and economic development and raising standard of living of the population. In the structure of incomes of local budgets for today the key role is played by financial deductions from budgets of higher levels. Without the creation of the own, independent property base, it is impossible to talk about the sustainable and stable development of municipalities. To solve existing problems in this area author gave concrete practical recommendations on legislative improvement of local budgets formation mechanisms.http://ecoedulaw.ru/en/2017/1/13budgetmunicipallocal self-governmentformationRussiaRussianpracticeproblems
spellingShingle Maksim I. Glubokiy
Municipal Budgets Formation Problems in the Russian Federation
Èkonomika, Pedagogika i Pravo
budget
municipal
local self-government
formation
Russia
Russian
practice
problems
title Municipal Budgets Formation Problems in the Russian Federation
title_full Municipal Budgets Formation Problems in the Russian Federation
title_fullStr Municipal Budgets Formation Problems in the Russian Federation
title_full_unstemmed Municipal Budgets Formation Problems in the Russian Federation
title_short Municipal Budgets Formation Problems in the Russian Federation
title_sort municipal budgets formation problems in the russian federation
topic budget
municipal
local self-government
formation
Russia
Russian
practice
problems
url http://ecoedulaw.ru/en/2017/1/13
work_keys_str_mv AT maksimiglubokiy municipalbudgetsformationproblemsintherussianfederation