Keyword: «interbudgetary transfers»

FEATURES OF LOCAL BUDGET FORMATION AND ITS IMPACT ON THE LEVEL OF SOCIO-ECONOMIC DEVELOPMENT OF TERRITORIES

Authors:

Olga Lykasheva,

Natalya Novikova,

Artem Novikov,

Aleksei Lapin,

Olga Spiridonova,

Irina Cibalova

The article is devoted to the role and importance of local budgets in the country's budget system. The article examines the main problems of the budget of the municipality, such as: the growth of debt, low incomes and high expenses, the ratio of own and attracted income. Generalizations on the results of statistical observations are given, proposals are made aimed at solving these problems.

Keywords: local budget, tax and non-tax revenues, interbudgetary transfers, deficit