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Scientific journal “Vestnik NSUEM”

2014 year, number 1

CHANGES IN BUDGET LAW: PROBLEMS OF LOCAL BUDGET BALANCE

T.V. Sumskaya
Institute of Economics and Industrial Engineering of the Siberian Branch of the RAS, Novosibirsk
Keywords: legislation on local government, the financial basis of local self-government, revenues and expenditures of local budgets, local government reform

Abstract

The main federal laws that have a significant impact on the activities of local self-government in the Russian Federation were analyzed. The author notes, that the law continues to ignore many of the pressing problems of the local self-government in Russia, including fiscal autonomy of local authorities; mechanism for financial support of local budgets, financing costs transferred to the local level by federal and regional legislation; separation of ownership (municipal and regional); municipal bankruptcy procedure. The problems arising in the implementation of local government reform were identified.