scholarly journals TRANSFORMATION OF THE ROLE OF LOCAL BUDGETS INCOME AS AN INSTRUMENT OF BUDGET MECHANISM IN THE CONTEXT OF DECENTRALIZATION

2018 ◽  
pp. 7-18
Author(s):  
Mykhailo KRUPKA ◽  
Myroslav KULCHYTSKY ◽  
Viktor KOVALENKO
Keyword(s):  
Technical Assistance ◽  
Intergovernmental Relations ◽  
Fiscal Decentralization ◽  
Local Level ◽  
Self Regulation ◽  
Financial Resources ◽  
Local Authorities ◽  
New Model ◽  
Local Budget

Introduction. In the conditions of the transformational changes in the national economy, there is a need for modernization of the formation and strengthening of the financial base of local authorities, which are subject to the exercise of powers in accordance with the current legislation of Ukraine. And the very financial decentralization to date allows solving the problematic issues of ensuring the current needs of local self-government bodies, and hence the increase of local budget revenues and the sustainable development of territorial communities. Among the main tasks of the reform of decentralization of the budget system it is an increase in the financial capacity of local self-government and capacity building. At present, financial decentralization is one of the key instruments provided to local self-government in order to implement the strategy of socio-economic development of territories. By providing a significant portion of the financial resources to local self-government, in particular the united territorial communities, the government delegated some of the authority to local councils that are responsible for the management decisions made and the rational use of budget funds. The purposeof the article is to assess the role of local budget revenues as an instrument of the budget mechanism, monitoring their formation and transformation in the context of fiscal decentralization. Results. It has been established that decentralization is necessary to maximally approximate the provision of public services to the population, to improve the management system, to increase the efficiency of problem solving, transmitted to the local level. Financial decentralization reflects the urgent need to ensure the independence of local self-government bodies. The changes made to the Budget and Tax Codes of Ukraine concerning the allocation of local budgets by sources of income are considered. A new model of intergovernmental relations, which provides incentives for local authorities, is outlined. An analysis of the dynamics and structure of local budget revenues for 2013-2017 has been made, which allowed to establish the strengthening of their role as a tool of the budgetary mechanism, taking into account changes that have taken place in the context of decentralization. The features of the new model of intergovernmental relations are considered and the proposals on the formation of the revenue base of local budgets in the context of decentralization are substantiated. Conclusions. As a result of the research, it was found that in order to increase local budget revenues it is expedient to: ensure effective interaction between state authorities, local self-government, private entities and civil society institutions; to improve the mechanism of attraction and use of international technical assistance, financial resources of international financial organizations for the support of regional development; to identify and realize the hidden and underestimated development potential of each region, district, united territorial community; to raise the level of entrepreneurial initiative, use of business opportunities and the level of investment attractiveness in order to implement investment projects; to introduce self-regulation by local government tax rates for real estate and land, as well as providing incentivesfor their payment.

scholarly journals FORMATION OF LOCAL BUDGET REVENUES IN THE CONDITIONS OF DECENTRALIZATION OF FINANCIAL RESOURCES

2018 ◽  
pp. 19-27
Author(s):  
Natalia TRUSOVA ◽  
Olena SYZONENKO
Keyword(s):  
Economic Development ◽  
Quality Management ◽  
Financial Resources ◽  
Local Authorities ◽  
Successful Development ◽  
Socio Economic Development ◽  
Local Budget ◽  
Decentralization Reform ◽  
Financial Base

Introduction. Increasing the profitability of local budgets is an important issue on the way to the plundering of territorial communities, because local budgets take the main place in the socio-economic development of the territories. Particular relevance of this issue comes in terms of decentralization reform, which gives new opportunities for increasing thefinancial base of local budgets. Purpose. The purpose of the paper is to identify the peculiarities of the formation of revenues of local budgets of Ukraine in the conditions of decentralization of financial resources. Results. The theoretical questions of formation of the revenue part of local budgets are considered. The structure of the distribution of tax and non-tax revenues between the levels of the budget system of Ukraine, the role of inter-governmental transfers in the system of budget revenues of the combined terri-torial communities are investigated. The influence of decentralization reform on formation of the revenue part of local budgets is determined. Conclusions. The changes that have been made to the budget legislation in the process of decentralization reform have affected the structure of distribu-tion and source of local budgets, and strengthened the financial base of local authorities. However, it is precisely from the efforts of local self-government, the adoption of quality management decisions depends on the rational and effi-cient use of budget funds and the successful development of the community.

PROBLEMS OF LOCAL BUDGETS’ ORGANIZATION IN UKRAINE IN THE CONTEXT OF FINANCIAL DECENTRALIZATION

2017 ◽  
pp. 29-41
Author(s):  
Yurij RADELYTSKYJ
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Fiscal Decentralization ◽  
Local Level ◽  
Intergovernmental Transfers ◽  
Financial Autonomy ◽  
Before And After ◽  
Local Budget ◽  
Expert Community

Introduction. Fiscal decentralization as the main vector of development of Ukraine in general and local government in particular has set scientific and expert community task of defining feasibility and effectiveness of the reforms and their compliance with requirements and needs of society. Purpose. Analysis of the tool of organization of local budgets in Ukraine due to decentralization process to define the main results of these innovations and make recommendations for improving the system. Results. Specific features of organization of local budgets in Ukraine in terms of local government reform are observed. It is made comparative analysis of formation and execution of local budgets before and after the reform. Peculiarities of formation of the revenue of local governments are examined. Tax revenue is defined as the main source of local budgets. It is analyzed the main characteristics of collection of major budget-taxes. The features of expenditure policies at the local level are investigated. The main problems of this process are defined. It is investigated the place and role of intergovernmental transfers as a part of local budgets. The features of forming of intergovernmental transfers and horizontal fiscal equalization of local budgets in consequence of financial decentralization are determined. General conclusions resulting from the study are made. Conclusion. Reform of the system of local budgets requires a comprehensive update of local government and simultaneous implementation of sectoral reforms. In the system of local budget revenues development and selection of algorithm of formation of a well-defined orientation to ensure financial autonomy and financial viability and its implementation on an ongoing basis is a priority. The task of reforming expenditure part of local budgets is orientation of financial resources to secure capital expenditures and implementing their own powers of local government.

scholarly journals Measures Implemented by Local Authorities, Particularly in the Sphere of Spatial Policy, and Its Impact on Setting Up and Developing Companies – Opinions Comparison

2020 ◽  
Vol 20 (1) ◽  
pp. 302-318
Author(s):  
Izabela Rogalska ◽  
Renata Marks-Bielska
Keyword(s):  
Local Governments ◽  
Local Level ◽  
Primary Data ◽  
Location Factors ◽  
Local Authorities ◽  
Spatial Policy ◽  
Different Types ◽  
Set Up ◽  
Spatial Resources

AbstractResearch background: The development of business on a local level depends on a variety of factors, which as is often the case are shaped by the local authorities. An example of activities carried out by local governments in order to help develop businesses is the management of the spatial resources in a given municipality in such a way as to facilitate starting and developing companies.Purpose: The principal objective of this study has been to identify how local authorities and businessmen perceive the role of conditions associated with the municipality’s spatial policy in terms of starting and conducting a business.Research methodology: The research results rely on primary data acquired by conducting a survey based on a questionnaire designed by the authors.Results: The results permitted to demonstrate differences and similarities among the opinions of our respondents concerning factors linked to the spatial policy of a municipality that have an impact on decisions to set up and develop companies. Among the location factors, the most important ones, according to both local governments and businessmen, were the state of the local infrastructure, such as IT, transportation, communication, waterworks and sewers, power supply.Novelty: The confrontation of the replies provided by local authorities and by entrepreneurs concerns spatial policy, and the territorial scope of the research covering the whole of Poland, the different types of enterprises from various branches are the innovative element of the study.

METHODICAL APPROACH TO JUSTIFICATION OF POSSIBLE AMOUNT OF CAPITAL PROJECT DEBT FINANCING OFLOCAL AUTHORITIES

2017 ◽  
pp. 145-155
Author(s):  
Yevhen ZOLOTUKHIN
Keyword(s):  
Local Government ◽  
Local Level ◽  
Methodological Approach ◽  
Threshold Value ◽  
Project Financing ◽  
Local Authorities ◽  
Methodical Approach ◽  
Debt Finance ◽  
Capital Financing ◽  
Local Budget

Introduction. The economic independence of local government is associated with the availability of capital expenditures financing funds which are decisive factor in boosting regional development. However, Ukrainian realities indicate a limited amount of their own financial resources for local authorities which should be directed to capital financing. Under such conditions, the problem of research on alternative forms of financing, one of which is debt finance, is becoming increasingly clear and requiring a scientificjustification forthe limits of their use. Purpose. Studying the forms of capital project financing of local government and developing and substantiating methodical approach for determining the maximum amount of debt finance at local level. Results. The generalization ofthe existing forms ofcapital project financing oflocal development in Ukraine, criteria of their choice are summarized. The direct connection between the territory debt potential and its financial capacity is proved. The expediency is substantiated and the methodology of using optimization linear programming methods in determining borrowing limits of cities is provided. Conclusions. The proposed methodology for assessing the potential of borrowing of local authorities primarily depends on the cost of the capital project, as well as ensuring the sustainability of the financial condition of the local budget. The scientific and practical value of the constructed model is to improve the methodological approach to defining the threshold value of the amount of borrowed funds that cities can attract for a specific capital project, subject to maintaining a high level of financial and debt sustainability of the local budget.

Conference on African Local Institutions and Rural Transformation

1967 ◽  
Vol 5 (2) ◽  
pp. 277-278
Author(s):  
Edward L. Muth
Keyword(s):  
Community Development ◽  
Agricultural Production ◽  
Local Level ◽  
National Government ◽  
Financial Assistance ◽  
Local Institutions ◽  
Local Authorities ◽  
Rural Transformation ◽  
Shared Experiences

The 50 participants in this conference included academics and practical workers, students of and from Africa. Four panels, each led by four members, shared experiences and research on these topics: ‘Local-National Government Activities in Community Development’, ‘The Place of Co-operatives in the Development of the Economy of the Region’, ‘Work at the Local Level on the Improvement of Agricultural Production’, and ‘The Role of Local Authorities as a Channel for Financial Assistance’.

scholarly journals Heritage Management at the Local Level: Heritage Communities and Role of Local Authorities

2020 ◽  
Vol 15 (3) ◽  
Author(s):  
Jelka Pirkovič
Keyword(s):  
Public Interest ◽  
Local Level ◽  
Social Systems ◽  
Participatory Approach ◽  
Heritage Management ◽  
Local Authorities ◽  
The Public ◽  
World Heritage Convention ◽  
The World

Heritage management at the local level benefits heritage properties and serves the public interest. By using comparative and interpretative analyses, we argue for the use of the “heritage community” term in current heritage management, and analyse what this expression brings for the role of local authorities. We upgrade this definition with attributes that characterize heritage communities. The paper presents the evolution of the concept of participatory heritage management in the context of the Operational Guidelines for the Implementation of the World Heritage Convention. It tests the relevance of the participatory approach in the heritage field against the theory of social systems. Conclusions comprise principles defining the role of local authorities in facilitating direct participation of heritage communities in heritage management.

scholarly journals INFLUENCE OF DECENTRALIZATION ON STRUCTURE AND DYNAMICS OF INCOME AND EXPENDITURES OF LOCAL BUDGETS

2018 ◽  
pp. 20-31
Author(s):  
Anna MARCHUK
Keyword(s):  
Structural Changes ◽  
Public Services ◽  
Fiscal Decentralization ◽  
Local Level ◽  
Structure And Dynamics ◽  
Tax Revenues ◽  
Local Budget ◽  
Decentralization Reform ◽  
The Impact ◽  
Strategic Goal

Introduction.The objective reason for the existence of an institution of local budgets is an increase in the efficiency of the provision of public services guaranteed by the state due to the proximity of such services to the immediate consumer. This process is based on the principle of subsidiarity, requires a sufficient level of financial security of local budgets and demonstrates the basic idea of the concept of fiscal decentralization. The decentralization reform is systematic and involves structural changes in various spheres of public life. The object of research of this article is the impact of changes in tax and budget laws aimed at decentralization on structure and dynamics of income and expenditures of local budgets. Purpose.The purpose of the article is to identify trends, priorities and unresolved issues in financing local budget expenditures, compare dynamics of expenditures with dynamics and structural changes in local budget revenues. Results. In the course of the research, the expenditures and revenues of local budgets of Ternopil region during 2004-2017 were analysed, comparison with trends in Ukraine was made. It has been established that due to slowed down economic growth and a systematic decrease in the share of own revenues in recent years, the amount of funding for institutions and activities in the social and cultural sphere has been reduced and the transfer of important functions to the local level was not accompanied by the transfer of sufficient amount of financial resources. Conclusions.The strategic goal of decentralization is to ensure the availability and proper quality of public services for all categories of the population. The decentralized budget system should function on the basis of a coordinated, unified national cooperation policy for many independent institutions, each of which has a legislatively defined sphere of autonomy. Since tax revenues form the main volume of own revenues of local budgets, the issue of improving the efficiency of tax administration comes to the forefront in the context of decentralization changes. Therefore, on the way to ensuring the increase of tax revenues, the strategic goal of local authorities should be to promote economic development of regions.

scholarly journals Autonomy or integration: Historical analysis of the debate on the purpose of Icelandic local self-government

2018 ◽  
Vol 14 (1) ◽  
pp. 81-100
Author(s):  
Eva Marín Hlynsdóttir
Keyword(s):  
Central Government ◽  
Local Level ◽  
Historical Analysis ◽  
Local Autonomy ◽  
Local Authorities ◽  
Ongoing Debate ◽  
The Past ◽  
The Right

An ongoing debate on the purpose of local self-government in Iceland has been simmering mainly between those who believe that local authorities should amalgamate in order to assume more responsibilities and those who believe that local autonomy, understood as the right of citizens to govern their own jurisdictions, should not be weakened. The purpose of this study is to discuss the role of local self-government in Iceland from these two very different perspectives by situating it within the context of the Nordic model of local self-government. This study’s findings reveal that the Icelandic central government has successfully introduced functional reforms at the local level over the past 25 years, but it has not been as successful in initiating territorial reforms. The findings also show that conflict between the ideologies of the traditional autonomous model and the more modern model of integration is growing.

scholarly journals Tax decentralization in Ukraine: problems and prospects

2020 ◽  
pp. 24-28
Author(s):  
Liubov PETYK ◽  
Andrii PETROVYCH ◽  
Ivanna PEDCHENKO
Keyword(s):  
Income Tax ◽  
Intergovernmental Relations ◽  
Fiscal Decentralization ◽  
Theoretical Concept ◽  
Intergovernmental Transfers ◽  
Tax Revenues ◽  
Budget Policy ◽  
Local Budget ◽  
Legislative Changes ◽  
Decentralization Reform

The paper examines the essence of the concept of “tax (fiscal) decentralization” according to different views of domestic and foreign scholars. The theoretical concept of tax (fiscal) decentralization is analyzed and defined. The stages of the legislative basis for tax decentralization reform in Ukraine are studied, in particular, the norms of the Law “On Amendments to the Budget Code of Ukraine on Reform of Intergovernmental Relations” and “The Concept of Reforming Local Self-Government and Territorial Organization of Power” are considered and analyzed. It is determined what types and amounts of tax revenues go to local budgets according to the introduced legislative changes. The dynamics of own revenues of local budgets during 2014–2019 is studied and the diagram is constructed. The dynamics and structure of tax revenues to local budgets by types of taxes during the period of decentralization reform in Ukraine are considered. Revenues for such types of taxes as income tax, state duty, environmental tax, domestic taxes, local taxes, personal income tax and the general dynamics of tax revenues were studied. The dynamics of revenues to the consolidated budget of Ukraine is studied. The dynamics of the share of local budget revenues in the consolidated budget revenues of Ukraine is calculated and analyzed. A comparison of local budget revenues and intergovernmental transfers during the period of decentralization reform was made. As a result, the lack of orientation of the country's budget policy to the policy of fiscal decentralization was confirmed. The problems of tax decentralization have been identified, among which the main problem is the lack of orientation of the country's budget policy to the policy of fiscal decentralization. Measures to improve the process of tax decentralization in Ukraine have also been proposed, among which the development of such measures that would allow local budgets to receive both additional tax opportunities and optimize expenditures is a priority.

scholarly journals Administrative Capacity of Local Government in Responding to Natural Disasters in Developing Countries

2021 ◽  
Vol 2 (2) ◽  
pp. 114-124
Author(s):  
Nguyen Van Quang ◽  
Doan Trieu Long ◽  
Nguyen Dung Anh ◽  
Thanh Nguyen Hai
Keyword(s):  
Local Government ◽  
Natural Disasters ◽  
Adaptive Capacity ◽  
Local Governments ◽  
Local Level ◽  
Local Authorities ◽  
Role Of Government ◽  
Administrative Capacity ◽  
Central Highlands

The important role of local government in the socio-economic development of localities has been confirmed in many domestic and foreign studies. But the role of government in drought adaptation has often received little attention and analysis in domestic studies. Approaching from the local tectonic government model, the article argues that local government is an important link to promote adaptive capacity at the local level of Vietnam and the Central Highlands provinces provide a case study that is typical for research and development of the capacity to adapt to drought and natural disasters for local authorities in Vietnam. Analysis of adaptive capacity through case studies in local government in the Central Highlands provinces shows that capacity is a major challenge for local governments here. The paper recommends that it is necessary to further expand the initiative and role of local authorities in guiding and promoting adaptation for communities and local people. Doi: 10.28991/HEF-2021-02-02-03 Full Text: PDF

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