The present financial situation regarding municipal establishments

Viktoriya Kookuyeva ()

Economy of region, 2010, vol. 1, issue 1, 187 - 191

Abstract: Basic issues regarding financial provision of the local government including the town of Elista are discussed in the given paper; it is noticed that the major part of the local budgets subsidized. Thus, specific weight of the financial aid in the structure of the budget revenue of Elista amounts to 45–60%. Social significance of local budgets is emphasized, which is proved by the structure of expenditures. The total expenditures for education, public health services, social policy and municipal services take 90% of the total sum of expenses. On the whole, unsatisfactory financial condition of the local finance system proves necessity to upgrade the system of interbudgetary relations and financial municipal base consolidation.

Keywords: local budget; budget income; budget expenditures; governmental grants; subsidies (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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