Thesis for a candidate degree in economics by specialty 08.00.05 – development of productive forces and regional economy (branch of knowledge – economic sciences). – National University "Chernihiv Polytechnic" MES of Ukraine, Chernihiv, 2021.
The work was performed at the IHE “Academician Yuri Bugay International Scientific and Technical University”.
The dissertation is devoted to deepening of theoretical and methodical bases and practical recommendations concerning formation of local budgets in the conditions of power decentralization.
Generalization of theoretical aspects of the role of local budgets in strengthening the financial base of local self-government made it possible to clarify the conceptual and categorical apparatus of regional economic theory, in particular the developed concepts of “power decentralization”, “financial decentralization”, “local budgets”.
The peculiarities of local budgets functioning in conditions of legal functioning, factors of formation and functioning of local budgets in Ukraine in the conditions of power decentralization, which allowed to identify features that prevent local budgets from becoming a determining tool for socio-economic development. The requirements for the use of which intergovernmental relations should be built are highlighted.
The scientific and methodological basis of knowledge the local budgets formation peculiarities in the conditions of power decentralization has been developed. The system of principles is singled out, which contains: firstly, the principles of inter-budgetary relations and local budgets formation and functions of local budgets and inter-budgetary relations. The scientific and methodological provisions for distinguishing the peculiarities of the local budgets formation built in terms of legal action in terms of power decentralization, factors in the formation and local budgets functioning have been further developed.
Approaches to leveling the existing shortcomings of inter-budgetary relations are proposed, which provide for the development of institutions operating on the basis of state-partnership principles, directions for intensifying the creation of regional development funds and regional development agencies and contain measures and norms to improve the State regional development fund.
A methodical approach to assessing the peculiarities of local budget formation in the context of power decentralization, which involves the use of coefficients, building functional relationships and identifying the most influential factors in the formation of local budget revenues, taking into account specific features.
A system of measures to improve the local budgets efficiency is proposed, which provides for: the use of public-private partnership mechanism; improving the local budgets risk management efficiency, measures to comply with financial discipline in the power decentralization, non-declarative use of budgeting local budgets program-targeted method, introduction of participatory budgeting, changes in the tax system to increase local budgets self-sufficiency, measures to rationalize local budgets.
Measures have been developed to increase the local budgets self-sufficiency, which include changes in the direction of clarifying social and industry norms and standards, systematization of expenditures in accordance with the established powers and improvement of the budgeting program-target method.
The scientific and practical principles of the European experience implementation are substantiated, which provide for measures to use financial support for investment and innovation development of territories in the conditions of power decentralization.
Key words: local budgets, budgeting, decentralization of power, intergovernmental transfers, intergovernmental relations, financial decentralization, local self-government
