PROBLEMS OF BUDGET SUFFICIENCY OF NOVOSIBIRSK CITY
| Autor: | Sumskaya T. V. |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: | |
| Zdroj: | World Science; Vol 3 No 4(8) (2016): World Science; 18-23 World Science; Том 3 № 4(8) (2016): World Science; 18-23 |
| ISSN: | 2413-1032 2414-6404 |
| Popis: | The paper considers the key fiscal indicators for Novosibirsk City and offers the technique of assessing a city’s budget and the intergovernmental fiscal flows. Having applied this technique, the author has calculated these indicators over 2006-2013 and has analyzed the balance between fiscal revenues and expenditures (the balance between local revenues and regional grants, and its dependence on the latter). In addition, the possibility of the use of budget resources to identify the main areas of spending in Novosibirsk City was analyzed; the stability of the budget of Novosibirsk City was investigated through applying the budgetary coefficients technique. Author shows that one of the major challenges of creating an effective local self-government is its adequate financial security. Solving this problem requires to strengthen the revenue base of local budgets. However, in recent years in Russian Federation the practice of growing centralization of revenues of territorial budgets has increased, and it is accompanied by an increase in the share of grants in municipal budgets. In particular, the analysis of the structure budget revenues of the largest municipality in Russia - Novosibirsk City shows a decline in the level of independence as steadily growing share of grants and we can expect further reductions in tax revenues. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|