Local budget income: problems of formation and peculiarities of using.

Abstract

The current trends in the formation and use of financial resources of the local budget are described. The dynamics of local budget revenues in the Bershad district of Vinnytsia oblast and their components for 2013-2017 years are explored. The structure of local budget revenues of Bershad district is analyzed. It was revealed that with the growth of income, their structure remains practically unchanged over the last five years and is characterized by the preservation of a significant share of intergovernmental transfers. The changes in the volume and structure of each component of the revenue part of the local budget are studied in detail. The structure of the use of local budget funds is considered. The economic-mathematical model of formation of the revenue part of the local budget of Bershad region is developed, taking into account the following factors: the number of registered economic entities; average monthly salary of employees; number of abandoned population; the share of revenues from the payment of local taxes and fees in the structure of own revenues of the local budget. On the basis of the research, the problems of the formation of the income part are identified and the main ways of strengthening the local budget of Bershad region are formulated.