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Management of Financial Resources of Communal Enterprises and Prospects for Their Development
Zhulyn O. V., Zeleniuk-Dzhun L. V.

Zhulyn, Olha V., and Zeleniuk-Dzhun, Liliia V. (2020) “Management of Financial Resources of Communal Enterprises and Prospects for Their Development.” Business Inform 7:174–180.
https://doi.org/10.32983/2222-4459-2020-7-174-180

Section: Economics of Enterprise

UDC 658.14

Abstract:
The article is aimed at researching the theoretical and practical experience in managing the financial resources of communal enterprises, allocating key problems of their functioning and developing practical recommendations for improving the system of formation and usage of financial resources. The concept of «communal enterprises», the current financial condition of communal enterprises are considered; the main problems of activity and management of their financial resources are singled out; the main measures to increase the efficiency of their use are proposed. By example of the communal enterprise «Kyivtransparkservis» the results of the study are generalized as follows: the reasons for the difficult financial situation are defined; managerial measures to improve the financial condition of communal enterprises are formed; implementation of assessing the efficiency of the management of communal enterprises by means of the system of Key Performance Indicators (KPI) is proposed; a system of development and efficient management of financial resources of the communal enterprise is developed. An implementation of the proposed system will allow the researched communal enterprise: to identify problems of formation of financial resources and methods of their effective use; to increase revenues due to the de-shadowing of services rendered and organizing the parking space, carrying out an inventory of parking spaces in the capital city and stopping transferring the parking space in the lease to third parties; to increase the level of the service users’ trust by improving the service quality and implementation of innovative charge control systems, which will also increase the amount of the revenues received.

Keywords: financial resources, communal enterprises, profitability, unprofitable activity, financial condition, Key Performance Indicators, financial resources management system, parking space.

Fig.: 5. Bibl.: 12.

Zhulyn Olha V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Accounting and Auditing, National Transport University (1 Omelianovycha-Pavlenka Str., Kyiv, 01010, Ukraine)
Email: [email protected]
Zeleniuk-Dzhun Liliia V. – Engineer, Tsentralna PS PJSC NPC Ukrenergo (27 Symona Petliury Str., Kyiv, 01032, Ukraine)

List of references in article

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Halenko, S. M. “Upravlinnia komunalnymy pidpryiemstvamy: problemy ta shliakhy yikh vyrishennia“ [Utility Management: Problems and Solutions]. Ekonomika ta derzhava. 2011. http://www.economy.in.ua/pdf/7_2011/29.pdf
“TsES zaproponuvav plan podolannia zbytkovosti komunalnykh pidpryiemstv v Ukraini“ [CES Has Proposed a Plan to Overcome the Losses of Utilities in Ukraine]. finance.ua. May 21, 2020. https://news.finance.ua/ua/news/-/471233/tses-zaproponuvav-plan-podolannya-zbytkovosti-komunalnyh-pidpryyemstv-v-ukrayini
“V Ukraini 82% komunalnykh pidpryiemstv maiut nulyovu prybutkovist“ [In Ukraine, 82% of Utilities Have Zero Profitability]. finance.ua. February 21, 2020. https://news.finance.ua/ua/news/-/465730/v-ukrayini-82-komunalnyh-pidpryyemstv-mayut-nulovu-prybutkovist
Filimoshkina, I. O. “Finansovi resursy mistsevykh orhaniv vlady v umovakh fiskalnoi detsentralizatsii“ [Financial Resources of Local Authorities in the Context of Fiscal Decentralization]: dys. …kand. ekon. nauk : 08.00.08, 2018.
Lonevskyi, O. “Komunalni pidpryiemstva - khronichna problema krainy. Yak tse zminyty“ [Utilities are a Chronic Problem in the Country. How to Change It]. Tsentr ekonomichnoi stratehii. March 10, 2020. https://ces.org.ua/utility-companies-4/
“Prozora diialnist komunalnykh pidpryiemstv u hromadakh: buty chy ne buty?“ [Transparent Activity of Communal Enterprises in Communities: To Be or not to Be?]. Hromadskyi prostir. July 15, 2020. https://www.prostir.ua/?news=prozora-diyalnist-komunalnyh-pidpryjemstv-u-hromadah-buty-chy-ne-buty
Ofitsiinyi sait KP «Kyivtransparkservis». https://parkservis.kiev.ua
“Opendatabot - servis monitorynhu reiestratsiinykh danykh ukrainskykh kompanii ta sudovoho reiestru dlia zakhystu vid reiderskykh zakhoplen i kontroliu kontrahentiv“ [Opendatabot is a Service for Monitoring the Registration Data of Ukrainian Companies and the Court Register to Protect against Raids and Control of Counterparties]. https://opendatabot.ua/c/35210739
“Chto takoye KPI“ [What Is KPI]. http://predp.com/fin/terms/chto-takoe-kpi.html
Tulchynska, S. O., and Solosich, O. S. “Aktualni problemy pidvyshchennia prybutkovosti komunalnykh pidpryiemstv yak faktoru ekonomichnoi bezpeky“ [Current Problems of Increasing the Profitability of Communal Enterprises as a Factor of Economic Security]. Ahrosvit, no. 22 (2019): 54-59. DOI: 10.32702/2306-6792.2019.22.54

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