Ostrishchenko I. Planning of the expenditure part of local budgets as the instrument of the territories' socio-economic development

Solved and improved approaches to the definition of the budget planning as a financial management's instrument aimed at forming the local budgets' indicators and realized with setting as the next as the prospective period's budget goals. The list of the local government's budget programs in the spheres of education, healthcare, culture, social security, physical culture and sport, housing taking into account common methodological approaches to the forming the local budgets using the program-oriented method. Developed the methodological foundations of the evaluation of local government's budget programs based on the system of integrated indicators which characterize the ratio of quantity, quality and financial resources as the results of implementing the budget programs. Generalized and systematized the experience concerning the planning of the local budgets' expenditure part in the countries with developed and transitional economies. Substantiated the expediency of institutional change the system of the local budgets' planning through the staged introduction of the program-target method of preparation and execution of local budgets that will provide strengthening the transparency and attaining the balance of the local budgets' indicators and local governments' spending. Improved the determination of peculiarities of the domestic system of local budget expenditures' planning and its impact on the regional socio-economic development; improved the methodological approaches to the planning of the local budgets' expenditures in resource-limited settings, the approaches to the medium-term planning of local spending based on the interconnection of the budget indicators with the strategic goals of the territories' socio-economic development.