Search by keyword: municipal unit

Main Trends of Subfederal Fiscal Policy

The paper defines conditions necessary for a financial base of a local government, proposes a technique to analyze the structure, fiscal sustainability and efficiency of subfederal fiscal policy examined on the basis of fiscal data on Novosibirsk Oblast for the period 2006–2012. We have assessed the structure of the local budget in Novosibirsk Oblast and calculated characteristics of inhomogeneity of fiscal indicators before and after regional budget allocation. The obtained results indicate that inhomogeneity of budget revenues reduces after municipal governments are funded from the regional budget. We identify territories influencing significantly the differentiation indices taking into account funds from a superior budget. Having assessed the how effective the stimuli increase tax revenues of local budget, we can draw a conclusion that the used stimuli work towards saving and developing tax potential of municipal institutions. In general, subfederal fiscal policy is focused on optimizing local revenue base foundation and execution

Sumskaya T. V. [email protected]

Keywords: information and communications technologies municipal unit local self-governance local authorities subfederal fiscal policy

Budget System in a Federal State: Sub-Federal Aspect

The paper analyzes whether a budgetary system could be decentralized in the process of current building and operating of local governments. It presents key factors which define a centralization/decentralization ratio. A special focus is on the principles of distinction between budget expenditures and revenues, and variants of correcting vertical and horizontal misbalances in the national budgeting system. We show the role which a local government plays as a key link in a federal form of governance. We offer the structure of the regional and local budget revenues and our recommendations how a local taxation should be built

Sumskaya T. V. [email protected]

Keywords: federalism federalism budget decentralization vertical and horizontal misbalances local governance municipal unit intergovernmental relations

Competitiveness and development strategies for municipal units

The paper analyzes methodological issues of how to assess the competitiveness of municipal units; considers the issues of designing a strategy of socio-economic municipal unit development, and issues of planning the incomes and expenditures of local budgets; and analyzes scenarios of the socio-economic development in cities

Marshalova A. S. [email protected]/ru

Novoselov A. S. [email protected]

Keywords: local government municipal unit competitiveness municipal governance municipal unit