REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Analyzing and Assessing the Level of Budget Efficiency of Administrative Districts of Volyn
Vakhovych I. M., Nedopad H. V.

Vakhovych, Iryna M., and Nedopad, Hryhorii V. (2021) “Analyzing and Assessing the Level of Budget Efficiency of Administrative Districts of Volyn.” Business Inform 2:299–307.
https://doi.org/10.32983/2222-4459-2021-2-299-307

Section: Finance, Money Circulation and Credit

UDC 336.1

Abstract:
The article is aimed at analyzing and assessing the level of budget efficiency of administrative districts of Volyn, thus allowing to identify the main factors influencing it and to offer balanced financial solutions for achieving the efficient formation and use of local budget funds in the conditions of decentralization. The article provides the authors’ own approach to assessing the level of budget efficiency of administrative districts of Volyn, based on the computation of a number of relative indicators in the context of three directions, namely: formation of income, distribution of expenditures, and use of funds. On the basis of computed relative indicators of budget efficiency, the integral indicator of budget efficiency in terms of income formation, distribution of expenditures and the use of funds is calculated, allowing to evaluate the efficiency of local budgets in different directions and identify administrative districts with the highest and lowest level of budget efficiency, as well as explain such differentiation. On the basis of the results of computation of integral indicators within three directions, the general integral indicator of the budget efficiency of administrative districts of Volyn was calculated, which made it possible to group the latter into groups with the highest, high, medium and low level of budget efficiency. As result of the carried out analysis and assessment of the level of budget efficiency of administrative districts of Volyn, significant factors of its provision are determined, which is the basis for the further development of balanced and substantiated managerial decisions.

Keywords: budget efficiency, budget expenditures, budget own revenues, budget revenues, local budgets.

Tabl.: 4. Bibl.: 16.

Vakhovych Iryna M. – Doctor of Sciences (Economics), Professor, Rector, Lutsk National Technical University (75 Lvіvska Str., Lutsk, Volyn region, 43018, Ukraine)
Email: [email protected]
Nedopad Hryhorii V. – PhD, Associate Professor, Department of Finance, Banking and Insurance, Lutsk National Technical University (75 Lvіvska Str., Lutsk, Volyn region, 43018, Ukraine)
Email: [email protected]

List of references in article

Ananenko, S. A. “Povysheniye effektivnosti biudzhetnykh raskhodov s pomoshchyu analiticheskikh vozmozhnostey BOR“ [Improving the Efficiency of Budget Expenditures Using the Analytical Capabilities of RBB]. Finansy, no. 11 (2006): 14-21.
Vasileva, M. V. “Otsenka effektivnosti i rezultativnosti ispolzovaniya biudzhetnykh sredstv pri provedenii finansovogo kontrolya“ [Evaluation of the Efficiency and Effectiveness of the Use of Budgetary Funds During Financial Control]. Finansovaya analitika: problemy i resheniya, no. 13 (2011): 24-34.
Vozniak, H. V. “Metodychnyi instrumentarii otsiniuvannia biudzhetnoho zabezpechennia rehionu“ [Methodical Instruments of Evaluation of Region's Budget Maintenance]. Rehionalna ekonomika, no. 1 (2016): 110-120.
Hrubliak, O. M., Karvatskyi, M. V., and Zhavoronok, A. V. “Methodical approaches to assess the efficiency of the budget process in Ukraine“. Naukovyi visnyk Polissia, vol. 2, no. 2 (2018): 108-113. DOI : 10.25140/2410-9576-2018-2-2(14)-108-113
Kostyrko, L. A., and Velenteichyk, N. Yu. “Metodychni zasady kompleksnoho analizu finansovoi stiikosti mistsevykh biudzhetiv“ [Methodical Bases of the Complex Analysis of Financial Stability of Local Budgets]. Finansovyi prostir. 2016. https://ofp.cibs.ubs.edu.ua/files/1601/16klasmb.pdf
Lysiak, L. et al. “Assessment of financial sustainability of the local budgets: case of Ukraine“. Public and Municipal Finance, vol. 9, no. 1 (2020): 48-59. DOI: http://dx.doi.org/10.21511/pmf.09(1).2020.05
Luchka, A. V. “Biudzhetnyi potentsial finansovoi nezalezhnosti mistsevoho samovriaduvannia“ [Budget Potential of Financial Independence of Local Self-government]: avtoref. dys. … kand. ekon. nauk : 08.00.08, 2009.
Mahsun, M. Measurement of Public Sector Performance. Yogyakarta: BPFE, 2006.
Radelytskyi, Yu. O., Pelekhatyi, A. O., and Kvasnii, O. R. “Intehralne otsiniuvannia rivnia biudzhetnoi detsentralizatsii rehioniv Ukrainy“ [Integral Assessment of the Level of Budget Decentralization of the Regions of Ukraine]. Visnyk Lvivskoho universytetu. Seriia «Ekonomika», no. 55 (2018): 90-101.
Sukharev, O. S. “Biudzhetnyye raskhody, effektivnost i prioritety razvitiya ekonomiki“ [Budgetary Expenditures, Efficiency and Development Priorities of the Economy]. Finansovyy zhurnal. 2015. https://www.nifi.ru/images/FILES/Journal/Archive/2015/1/statyi_2015_1/02_suharev.pdf
Hackett, R. Program-target method. Washington: Barents Group, 1999.
Nedopad, H. V. “Metodychni pidkhody otsinky biudzhetnoi efektyvnosti terytorii“ [Methodical Approaches to the Assessment of Budget Efficiency of Territories]. Modern Economics, no. 24 (2020): 125-131. DOI: https://doi.org/10.31521/modecon.V24(2020)-20
Vakhovych, I. M. Finansova polityka staloho rozvytku rehionu: metodolohiia formuvannia ta mekhanizmy realizatsii [Financial Policy of Sustainable Development of the Region: Methodology of Formation and Implementation Mechanisms]. Lutsk: Nadstyria, 2007.
Poburko, Ya. O., and Danylko, V. K. “Chastkovi ta kompleksni statystychni otsiniuvannia vnesku rehioniv Ukrainy u sotsialno-ekonomichnyi rozvytok derzhavy“ [Partial and Comprehensive Statistical Assessments of the Contribution of the Regions of Ukraine to the Socio-economic Development of the State]. Rehionalna ekonomika, no. 3 (2004): 121-139.
Ofitsiinyi sait Holovnoho upravlinnia statystyky u Volynskii oblasti. http://www.lutsk.ukrstat.gov.ua/
Ofitsiinyi sait Departamentu finansiv Volynskoi oblasnoi derzhavnoi administratsii. http://www.finance.voladm.gov.ua/category/c-19-54/

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»