UDC 336.14; JEL H72
Tymchyshyn, Yu. V. (2019). Byudzhetna bezpeka rehioniv Ukrayiny v umovakh detsentralizatsiyi derzhavnoho upravlinnya [Ukrainian regions’ budget security in the conditions of public administration decentralization]. Rehional'na ekonomika - Regional Economy, 93 (3), 106-114. DOI: https://doi.org/10.36818/1562-0905-2019-3-11. [in Ukrainian].
Sources: 10

Authors

Resume

The significance of regions’ budget security as a component of financial self-sufficiency in the conditions of public administration decentralization is revealed. The definition content of «region’s budget security “ is defined from the standpoint of balance of local budgets in terms of revenues and expenditures, risk and threat assessment, sufficiency of financial support for the execution of functions and powers entrusted to local governments. The budgetary security of the region is proven to be a condition that ensures the balance of local budgets in terms of revenues and expenditures in current and strategic dimensions, which allows the local governments to fully fulfill their functions and powers, to neutralize the existing risks, threats and dangers. The author’s approach to rating regions of Ukraine is outlined. It is carried out on the basis of such key indicators as balance of the regional budget in % to GRP, budget’s revenues of the region per capita, budget expenditures per capita, ratio of the amount of received transfers to the sum of budget expenditures of the region in the consolidated state budget, the ratio of tax and non-tax revenues to the local budget, the share of tax revenues in the total budget of the region, the share of official transfers in the total local budget revenues, transfers from the state budget in % to GRP. This allows for determining of the level of budgetary security of territorial entities. The main methodological principles for the rating of regions are defined: the selection and evaluation of absolute indicators, the analysis of relative coefficients, the choice of integral indicators and the formation of rating estimates. The results of the analysis of the budgetary security of the regions revealed significant disparities in the formation of local budgets in terms of revenues and official transfers from the state budget and their significant budgetary differentiation. The uneven amount of transfers in total local budget revenues and the substantial dependence of territorial communities on public funding are emphasized.

Keywords:

regional budget security, decentralization, rating, security level, local budgets

References


1. Voznyak, H. V. (2017). Otsinyuvannya byudzhetnoho zabezpechennya rozvytku rehioniv Ukrayiny na osnovi taksonometrychnoho metodu [Estimation of budget support for development of regions of Ukraine on the basis of taxonomic method]. Rehional’na ekonomika – Regional Economy, 1, 46-52. [in Ukrainian].
2. Stavnycha, M. M. (2012). Byudzhetna bezpeka rehionu v konteksti efektyvnoho social’no-ekonomichnoho rozvytku [Budgetary security of the region in the context of effective socio-economic development]. In Zbirnyk naukovykh prats’ Natsional’noho universytetu derzhavnoyi podatkovoyi sluzhby Ukrayiny [Proceedings of the National University of State Tax Service of Ukraine]: Vol. 1. (pp. 386-394). [in Ukrainian].
3. Sannikova, I. N., & Prikhodko, Ye. A. (2019). Obespecheniye finansovoy bezopasnosti regiona kak effektivnyy instrument byudzhetnoy politiki [Ensuring the financial security of the region as an effective tool of budget policy]. Ekonomika. Professiya. Biznes – Economics. Profession. Business, 1(1), 48-55. DOI https://doi.org/10.14258/201906. [in Russian].
4. Uskova, T. V., & Kopasova, S. S. (2008). Byudzhetnaya bezopasnost’ regiona v kontekste ustoychivogo razvitiya [Budgetary security of the region in the context of sustainable development]. Problemy razvitiya territorii – Problems of territory’s development, 4(44), 24-33. [in Russian].
5. Hladkova, O. V, & Svynarenko, T. I. (2018). Byudzhetna bezpeka rehionu yak faktor yoho staloho sotsial’no-ekonomichnoho rozvytku [Budgetary security of the region as a factor of its sustainable socio-economic development]. Biznes Inform – Business Inform, 9, 112-118. [in Ukrainian].
6. Pazdnikova, N. P., Kovsharov, A. A., & Glazkova, N. G. (2019). Otsenka byudzhetnoy bezopasnosti regiona v usloviyakh strategicheskikh preobrazovaniy [Assessment of the budgetary security of the region in the context of strategic transformations]. Regional’naya ekonomika. Yug Rossii – Regional economy. South of Russia, 2019, 7(1), 154-161. DOI https://doi.org/10.15688/re.volsu.2019.1.14. [in Russian].
7. Byudzhet Ukrayiny 2017 [Budget of Ukraine 2017]: Statistical publication (2018). Kyiv: Ministry of Finance of Ukraine. [in Ukrainian].
8. Rehiony Ukrayiny [Regions of Ukraine]: Statistical publication (2018). Kyiv: State Statistics Service of Ukraine. Part 2. [in Ukrainian].
9. State Treasury Service of Ukraine: Website (2019). Retrieved from https://www.treasury.gov.ua/en
10. State Fiscal Service of Ukraine: Website (2019). Retrieved from http://sfs.gov.ua