Forecasting and planning revenues of city budget

The aim of article is development OF the theoretical principles and techniques for economic modeling and forecasting of budget revenues territorial community, study of the characteristics and factors affecting the formation of the budget and study OF the effects of the adoption of the most likely sc...

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Bibliographic Details
Main Authors: Elena Semenenko, Sergey Zelyk, Maxim Boholib
Format: Article
Language:English
Published: Hryhorii Skovoroda University in Pereiaslav 2017-02-01
Series:Економічний вісник університету
Subjects:
Online Access:https://economic-bulletin.com/index.php/journal/article/view/318
Description
Summary:The aim of article is development OF the theoretical principles and techniques for economic modeling and forecasting of budget revenues territorial community, study of the characteristics and factors affecting the formation of the budget and study OF the effects of the adoption of the most likely scenarios when planning filling the revenue side of the city, based on theory methods hierarchies. The methods, which were used in the study. Applied a systematic approach and methodology of the economic analysis, statistical analysis and economic- mathematical analysis to examine trends in key factors influencing the formation of the city budget. The results of the work. In modern conditions OF the decentralization of power AND THE reform of local government, IT IS necessary to study the financial mechanism of formation of budgets of cities and territories. So, planning and forecasting of the budget, based on a more flexible and modern methodologies for Economic Research, is important accomplishment for any social and economic system. Conclusions. The introduction of new approaches and methods in the formation of the city budget must be implemented at all stages OF FORMATION of budget resources, forecasting and planning revenues, the monitoring of budget revenues, in regulation process of formation, distribution and use of budgetary funds. The quality and accuracy of these processes directly influences the expenditure budget and the possibility of optimal use of finance and carry out development programs territories.
ISSN:2306-546X
2414-3774