THE ROLE OF REGIONAL BUDGET IN BUDGET BALANCE MANAGEMENT IN MUNICIPALITIES (THE EXAMPLE OF NIZHNY NOVGOROD REGION)

Abstract

Purpose. The study of management problems balance local budgets, assessment of financial dependence of municipalities on regional funding, identification of related risks of social and economic development. Methods. The study is based on economic and statistical analysis of budget parameters 52 municipalities of the Nizhny Novgorod region. The authors have considered indicators of the structure of municipalities income, defined average values obtained relative values based on the constructed time series (for the period from 2009 to 2013.), performed analytical group of municipalities in terms of specific volumes of financial assistance from the regional budget in the total amounts of income areas. Results and practical significance. In the present study, authors discussed in detail and analyzed the performance of municipal budgets Nizhny Novgorod region, identified common trends and regional differences due to the differentiation of the level of economic development. Groups of areas, characterized by varying degrees of subsidies from the regional budget were defined. The conclusions about the presence in the region significantly depending on municipal budgets from the regional budget. Authors identified risks associated management balanced socio-economic development of municipalities related to the current financial dependence on their budgets. The results can be used to develop efficiency measures subsidizing the budgets of municipalities, as well as strategy development areas. Scientific novelty. Scientific novelty of the work is due to perform the analysis control balance the budgets of municipalities on the basis formed by a unique set of data interpretation of the results and conclusions obtained for the first time for the region.