THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS
As a result of the theoretical provision’s studying the financial insolvency of municipalities, financial and budgetary flows at the municipal level are systematized, the factors influencing the financial and budgetary condition of municipalities are identified, and the reasons for the formation of...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2018-05-01
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Series: | Вестник университета |
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Online Access: | https://vestnik.guu.ru/jour/article/view/1027 |
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author | Y. Orlova |
author_facet | Y. Orlova |
author_sort | Y. Orlova |
collection | DOAJ |
description | As a result of the theoretical provision’s studying the financial insolvency of municipalities, financial and budgetary flows at the municipal level are systematized, the factors influencing the financial and budgetary condition of municipalities are identified, and the reasons for the formation of insolvent territories are formulated. It was concluded that municipalities is lacked sufficient revenues to fulfill powers and there is a low level of budget autonomy. This is based on the analysis of local budget’s indicators. The obtained results can be used to develop the main directions for improving municipal financial relations and to determine ways of solving the financial problems. |
format | Article |
id | doaj-art-e08841d91e2c467ca40b957f9ae8dd5d |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2018-05-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-e08841d91e2c467ca40b957f9ae8dd5d2025-02-04T08:27:55ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-05-0105647110.26425/1816-4277-2018-5-64-711027THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONSY. Orlova0Baikal State UniversityAs a result of the theoretical provision’s studying the financial insolvency of municipalities, financial and budgetary flows at the municipal level are systematized, the factors influencing the financial and budgetary condition of municipalities are identified, and the reasons for the formation of insolvent territories are formulated. It was concluded that municipalities is lacked sufficient revenues to fulfill powers and there is a low level of budget autonomy. This is based on the analysis of local budget’s indicators. The obtained results can be used to develop the main directions for improving municipal financial relations and to determine ways of solving the financial problems.https://vestnik.guu.ru/jour/article/view/1027municipal entitylocal budget financial-budget insolvencyclassification of factorsreasons for insolvency |
spellingShingle | Y. Orlova THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS Вестник университета municipal entity local budget financial-budget insolvency classification of factors reasons for insolvency |
title | THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS |
title_full | THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS |
title_fullStr | THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS |
title_full_unstemmed | THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS |
title_short | THE FACTORS AND REASONS FINANCIAL BUDGET INSOLVENCY OF MUNICIPAL ENTITIES IN CURRENT CONDITIONS |
title_sort | factors and reasons financial budget insolvency of municipal entities in current conditions |
topic | municipal entity local budget financial-budget insolvency classification of factors reasons for insolvency |
url | https://vestnik.guu.ru/jour/article/view/1027 |
work_keys_str_mv | AT yorlova thefactorsandreasonsfinancialbudgetinsolvencyofmunicipalentitiesincurrentconditions AT yorlova factorsandreasonsfinancialbudgetinsolvencyofmunicipalentitiesincurrentconditions |