RECOMMENDATIONS FOR MANAGEMENT OF THE MUNICIPAL DEBT IN THE ASPECT OF SOLVING THE PROBLEM OF DEVELOPMENT OF MUNICIPAL EDUCATION

Abstract

Purpose. To develop and offer methodological recommendations on the management of the municipal formation, in the sphere of increasing the efficiency of work with municipal finances. Methods. Mathematical and economic methods of analysis and forecasting, construction of a multiplicative model Results. The analysis of statistical data made it possible to conclude that the level of the municipal debt of the city of Orel in subsequent periods will increase. Scientific novelty. The scientific novelty of the article is to justify the need to change the budget legislation, justified the need to transfer part of the VAT to the municipal level, as well as the introduction of administrative responsibility for the ineffective management of municipal debt.