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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Main Author: Y. Orlova
Format: Article
Language:English
Published: Publishing House of the State University of Management 2018-05-01
Series:Вестник университета
Subjects:
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.
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institution Kabale University
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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