Assessment of quality of financial support for local social development in Ukraine

• Main Authors: Inna Shkolnyk, Borys Mershchii, Tetyana Melnyk
• Format: Article
• Language: English
• Published: LLC "CPC "Business Perspectives" 2019-02-01
• Series: Public and Municipal Finance
• Subjects: budget process; financial support; forecasting the financial security level; local self-government; public finance; social development
• Online Access: https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/11564/PMF_2018_04_Shkolnyk.pdf

The article proposes a way of determining the future directions of financial support for the social development needs. To this end, the Tintner method of consecutive differences is used. The practical application of this method allows for pre-selecting the best curve that describes the level of financial support for social needs. The model off inancial support for local self-government is determined. The adequacy of funding for the needs of local budget social development is analyzed. The share of expenditure of local budgets in Ukraine on health care, intellectual and physical development, education, social protection and social security is described. A number of challenges when it comes to financial support are considered, both from a theoretical perspective and those confirmed by actual calculations.