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School Initiative Budgeting in St. Petersburg: Achievements and Growth Points

Author

Listed:
  • Natalia G. Lukyanova

    (Committee of Finance of St. Petersburg, St. Petersburg, Russian Federation)

  • Margarita Yu. Slavgorodskaya

    (LLC “Youth Foresight”, Moscow, Russian Federation)

  • Stanislav K. Nesgovorov

    (HSE University – St. Petersburg, St. Petersburg, Russian Federation)

Abstract

In recent years, school initiative budgeting in St. Petersburg has established itself as one of the best regional practices with significant potential for replication not only at the regional but also at the municipal level. The expansion of initiative budgeting to adolescents in St. Petersburg was based on the successful experience of implementing this practice for adult participants under the “Your Budget” project. The article includes an overview of methodological features of school initiative budgeting in St. Petersburg and an analysis of the effects achieved asa a result of its application and opportunities for further improvement. The study analyzes the results of the survey of project participants in 2024. It summarizes the most significant challenges and risks that arose in the course of the project implementation, and draws conclusions about promising directions for further development of the practice.

Suggested Citation

  • Natalia G. Lukyanova & Margarita Yu. Slavgorodskaya & Stanislav K. Nesgovorov, 2025. "School Initiative Budgeting in St. Petersburg: Achievements and Growth Points," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 39-55, April.
    • Handle: RePEc:fru:finjrn:250203:p:39-55
    DOI: 10.31107/2075-1990-2025-2-39-55
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    More about this item

    Keywords

    initiative budgeting; school initiative budgeting; “Your Budget” project; “Your Budget in Schools” project; student project activities; “Children’s Foresight” technology;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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