PROBLEMS OF MUNICIPAL FINANCE MANAGEMENT ON THE EXAMPLE OF THE REPUBLIC OF KARELIA
Public finances are represented by two constituent elements - state and municipal finances. Modern scientific research actively studies the first element, while municipal finance is given optional importance. At the same time, the activity of local self-government bodies affects directly the provisi...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Science and Innovation Center Publishing House
2024-12-01
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| Series: | Наука Красноярья |
| Subjects: | |
| Online Access: | https://kras-science.ru/jour/index.php/nk/article/view/277 |
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| Summary: | Public finances are represented by two constituent elements - state and municipal finances. Modern scientific research actively studies the first element, while municipal finance is given optional importance. At the same time, the activity of local self-government bodies affects directly the provision of vital resources for the population of municipalities. This indicates the theoretical and applied significance of studying not only the municipal finances themselves, but also the study of issues of their management, as well as assessing the quality of this management.
Purpose. To formulate recommendations for improving the efficiency of municipal finance management in municipalities of the Republic of Karelia.
Materials and methods. General scientific and special methods of cognition (scientific-theoretical and scientific-practical analysis, method of legal and comparative-legal characterization, method of research and comparison, method of generalization, division of selection, method of synthesis and analysis, method of critical analysis).
Results. Municipal finance management is one of the main functions of local self-government and consists in the distribution of budgetary funds optimally and expediently, observing the targeted use, while increasing the revenue part of the budget.
For municipalities, it is now an important task to form financial management systems in action at their municipal level.
The conclusions of the study can be a basis for decision-making in planning, the activity itself and assessment of the quality of municipal financial management.
The assessment of the quality of municipal financial management carried out by the financial authorities at the regional level plays a key role in identifying the financial capacity of municipalities. This process includes a detailed analysis of both the best and worst indicators of the quality of financial management.
Implementation of the necessary measures to eliminate problems in the implementation of the assessment of the quality of municipal finance management will result in the provision of reliable, complete and accurate information by municipal bodies. |
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| ISSN: | 2070-7568 2782-3261 |