BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

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

The Budget Component of the Financial Security of the Region and Its Assessment in the Wartime Conditions
Tys M. S.

Tys, Mykola S. (2024) “The Budget Component of the Financial Security of the Region and Its Assessment in the Wartime Conditions.” Business Inform 3:49–56.
https://doi.org/10.32983/2222-4459-2024-3-49-56

Section: Regional Economy

Article is written in Ukrainian
Downloads/views: 0

Download article (pdf) -

UDC 336.14:336.76

Abstract:
The aim of the article is to disclose theoretical and applied approaches to assessing the budgetary component of the financial security of the region. It is proposed to consider the financial security of the region as a state that reflects the financial capacity of the territory to ensure the potential for development by balancing financial resources, taking into account existential risks, threats and dangers. An approach to assessing the budgetary security of the region has been developed on the example of the Lviv region. It is noted that the revenue part was formed at the expense of tax, non-tax revenues, income from capital transactions and official transfers, which consisted of subsidies and subventions. In the structure of tax revenues, the largest share was occupied by taxes on income, profit, rent and payment for the use of water, subsoil, and other natural resources. Non-tax revenues were formed at the expense of own revenues of budgetary institutions and income from property, administration of fees and payments, income from non-commercial economic activities. Transfers in the form of subsidies and subventions came from public administration bodies to the local budget, among which subventions prevailed in targeted areas of use, aimed at supporting the needs of the State functioning under martial law, health care institutions and measures, educational needs, road repairs, etc. It is proved that the independence of budgets is possible only if there are sufficient own revenue sources. From the standpoint of observing the financial security of the region and taking into account international experience, an approach is recommended, according to which the share of own revenues in the budgets of self-government bodies should be at least 40%. It is substantiated that for 2018–2022 most of the expenditures of the regional budget of the Lviv region were directed to the socio-cultural sphere (education, health care, social protection and social security). Further research will be aimed at developing a comprehensive methodology for assessing the financial security of a region in the context of certain components and calculating an integral indicator of its level.

Keywords: financial security of the region, revenues, expenditures of the regional budget, level of security, threats, dangers.

Tabl.: 2. Bibl.: 10.

Tys Mykola S. – Applicant, Department of Regional Financial Policy, Institute of Regional Research named after M. I. Dolishniy of the NAS of Ukraine (4 Kozelnytska Str., Lvіv, 79026, Ukraine)
Email: [email protected]

List of references in article

Vozniak, H. V. “Pidpryiemnytski aktyvy terytorialnykh hromad v umovakh viiny: novi vyklyky ta problemy upravlinnia“ [Business Assets of Territorial Communities in Conditions of War: New Challenges and Management Problems]. Finansy Ukrainy, no. 3 (2022): 38-52. DOI: https://doi.org/10.33763/finukr2022.03.038
Raczkowski, K. “Bezpieczenstwo finansowe“. In Ekonomika bezpieczenstwa panstwa w zarysie, 299-324. Warszawa: Difin, 2014.
Bondarevska, O. M. “Ekonomichna bezpeka rehioniv u systemi ekonomichnoi bezpeky derzhavy“ [Regional Economic Security in the System of Economic Security]. Naukovyi visnyk Mizhnarodnoho humanitarnoho universytetu. Seriia «Ekonomika i menedzhment». 2017. http://www.vestnik-econom.mgu.od.ua/journal/2017/24-2-2017/14.pdf
Rybak, H., and Fedotova, Yu. “Ekonomichna bezpeka rehioniv Ukrainy v protsesi detsentralizatsii“ [Economic Security of the Regions of Ukraine in the Process of Decentralization]. International Science Journal of Management, Economics & Finance, vol. 2, no. 1 (2023): 56-64. DOI: 10.46299/j.isjmef.20230201.06
Liakhovych, O. O., and Piddubna, L. V. “Teoretychni zasady zabezpechennia finansovoi bezpeky rehionu“ [Theoretical Principles of Ensuring Financial Security of the Region]. Visnyk NUVHP. Seriia «Ekonomichni nauky», no. 4 (2022): 80-89. DOI: https://doi.org/10.31713/ve420228
Chepurnyi, O., and Deriuba, A. “Integral Approach to Regional Financial Security Evaluation“. Ekonomika i rehion, no. 4 (2019): 28-34. DOI: https://doi.org/10.26906/еір.2019.4(75).1812
Sytnyk, N. S., and Petryshyn, Kh. R. “Sutnist ta struktura finansovoi bezpeky rehionu, monitorynh yii rivnia u Zakhidnomu rehioni Ukrainy“ [The Essence and Structure of the Financial Security of the Region, Monitoring Its Level in the Western Region of Ukraine]. Molodyi vchenyi, no. 10 (2022): 78-83. DOI: https://doi.org/10.32839/2304-5809/2022-10-110-16
Kyrylenko, O. “Do pytannia pro sutnist i strukturuvannia finansovoi bezpeky terytorialnykh hromad“ [To the Question of the Essence and Structuring of Financial Security of Territorial Communities]. Deviati Vseukrainski naukovi chytannia pamiati S. I. Yuriia. 2023. http://dspace.wunu.edu.ua/bitstream/316497/49417/1.pdf
Vozniak, H. V., Stasyshyn, A. V., and Koval, V. “Osoblyvosti formuvannia finansiv terytorialnykh hromad v proektsii zabezpechennia yikh samodostatnosti: dosvid Lvivskoi oblasti“ [Features of Forming the Finances of Territorial Communities in the Projection of Ensuring their Self-Sufficience: The Experience of Lviv Region]. Ekonomika ta suspilstvo, no. 45 (2022). DOI: https://doi.org/10.32782/2524-0072/2022-45-34
Derzhavnyi veb-portal biudzhetu dlia hromadian. https://openbudget.gov.ua

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»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster