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Control system of expenses of local budgets as factor of regional competitiveness

Author

Listed:
  • Shamin, A.

  • Frolova, O.

  • Kozlov, S.

Abstract

Currently, the expenses of municipal budgets for the next financial year are planned from the «accessible level». Expenses of a current year are based on the expenses of the previous year and adjusted in accordance with the deflator price recommended by the Ministry of Economics of the Nizhny Novgorod region, taking into account planned for municipal revenue. If during the year there is a change in the legislation, the budget can be precised. This technique does not allow forming a balanced budget. Authors suggest to distribute budgetary funds in the directions of an expenditure using a method of the analysis of hierarchies. It will allow to distribute budgetary funds more with deep arguments. It will significantly increase competitiveness of municipalities in modern conditions.

Suggested Citation

  • Shamin, A. & Frolova, O. & Kozlov, S., 2013. "Control system of expenses of local budgets as factor of regional competitiveness," Journal of Modern Competition, Synergy University, issue 2, pages 136-138.
    • Handle: RePEc:snr:mdrcmp:y:2013:i:2:p:136-138
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    File URL: https://www.moderncompetition.ru/jour/article/view/547
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