Article
Article name Strategy for the Socio-Economic Development of a Municipality as a Factor in the Financial Sustainability of the Local Budget (on the Example of the Tungokochensky Municipal District)
Authors Baranova O.. ,
Yarilov E.. candidate of economic sciences, zabizht_engineering@mail .ru
Selezneva E.E. Chief Specialist, Budget Division of the Budget and Tax Policy Department of the Committee on Finance Committee, elena89144350425@yandex.ru.
Kazachenko L.. ,
Bibliographic description Baranova O. A., Yarilov E. V., Selezneva E. E., Kazachenko L. D. Strategy for the Socio-Economic Development of a Municipality as a Factor in the Financial Sustainability of the Local Budget (on the Example of the Tungokochensky Municipal District) // Bulletin of the Transbaikal State University. 2024. Vol. 30, no. 1. Р. 90–108. DOI: 10.2109/2227-9245-2024-30-1-90-108.
Category Economy
DOI 336.13.051
DOI 10.2109/2227-9245-2024-30-1-90-108
Article type Original article
Annotation The article is devoted to the study of the influence of socio-economic development strategies of municipalities of the Transbaikal Territory on the financial sustainability of local budgets. The legislative and practical foundations of strategic planning at the municipal level currently in force in Russia have revealed a sufficient number of problems, both in theory and in planning practice. The application of these principles in practice indicates that the development of strategic planning documents often does not lead to the achievement of the strategic goals laid down in them. Due to the fact that at various levels of government, considerable attention is paid to the development of strategies for the socio-economic development of both the country as a whole and each individual municipality, the issue of supplementing the strategic planning system at the municipal level is relevant. The object of the study is the strategy of socio-economic development of municipalities. The subject of the study is the influence of the socio-economic development strategy of the municipality on its budgetary sustainability. The purpose of the study is to analyze the indicators of municipal budget sustainability and substantiate the need for their compliance with the socioeconomic development strategies developed in municipalities. The main objectives of the study are to identify the correspondence between the strategy of socio-economic development and the budget policy of the municipality, and to develop a model of the influence of the socio-economic strategy on the indicators of financial sustainability of the municipal budget. The study of the strategic municipal planning system revealed a lack of relationship between the socio-economic strategy and the municipal budget. The conclusions are substantiated that the strategies for the socio-economic development of municipalities developed by local governments should have as their goal not only improving the quality and standard of living of its population, increasing the attractiveness of the territory, etc., but also the financial sustainability of the local budget, which is one from sources of financing activities included in the development strategy.
Key words socio-economic development strategy, local budget, local government, budget sustainability, budget revenues, budget expenditure obligations, budget system of the Russian Federation, tax revenues, non-tax revenues, gratuitous revenues, indicators of economic development of the territory
Article information
References 1. Blanutsa V. I. Contrast of borders between Russian regions along the trajectories of achieving national development goals. Bulletin of the Transbaikal State University, vol. 29, no. 1, pp. 63–73, 2023. DOI: 10.21209/2227-9245-2023-29-1-63-73. (In Rus.) 2. Voitishina M. A., Kistrina E. I. Lokteeva G. E. Approaches to the organization of strategic planning in Russia and abroad. Bulletin of the Ryazan State University, no. 2, pp. 151–161, 2016. (In Rus.) 3. Dashieva A. L. Strategic planning in municipal education. Young scientist, no. 4, pp. 147–150, 2010. (In Rus.) 4. Dyakonov A. A. Methodological tools for developing a strategy for the development of municipal education. Bulletin of the Volga Region Institute of Management, no. 2, pp. 91–98, 2013. (In Rus.) 5. Ermakova E. A., Bolyakina O. V. Approaches to determining the financial independence of local budgets of Russia. Finance and credit, no. 12, pp. 2–8, 2012. (In Rus.) 6. Lapygin Yu. N., Tulinova D. V. Scenario approach in the implementation of strategic priorities for the development of municipalities. Bulletin of the Perm University. The series “Economics”, vol. 12, no. 4, pp. 649– 664, 2017. (In Rus.) 7. Musatova I. V. Formation of the strategy of socio-economic development of the region. International Journal of Humanities and Natural Sciences, vol. 11–3, no. 62, 2021. (In Rus.) 8. Muth Yu. V., Blinov G. N., Goryaeva N. G. Methodological approaches to ensure the balance of the strategic planning system at the municipal level. Bulletin of the Moscow University. Episode 21. Management (state and society), no. 3, pp. 18–34, 2016. (In Rus.) 9. Parfenova K. V., Baranova O. A. The role of territories of advanced development in the context of institutional analysis of the economic and geographical location of the Trans-Baikal Territory. Bulletin of the Trans-Baikal State University, vol. 27, no. 1, pp. 112–121, 2021. (In Rus.) 10. Plotnikov S. N., Trukhanovich D. S. The main indicators used to assess the sustainability of the budget of a municipal formation. Contentus, no. 5, pp. 63–70, 2020. (In Rus.) 11. Rodionova I. G. Features of the formation of a strategy for socio-economic development of a municipal formation. Modern society and government, no. 1, pp. 67–70, 2016. (In Rus.) 12. Ryzhenkov A. V. Strategies for the development of municipalities. Web. 11.09.2023. https: // cyberleninka.ru/article/n/strategii-razvitiya-munitsipalnyh-obrazovaniy/viewer. (In Rus.) 13. Sorokina T. V. Assessment of financial and budgetary stability of municipal formations. Proceedings of the Irkutsk State Academy of Economics, no. 5, pp. 83–87, 2010. (In Rus.) 14. Tukhbatullin R. M. Comprehensive assessment of the financial stability of municipal budgets using correlation analysis. Bulletin of Economics, Law and Sociology, no. 2, pp. 121–125, 2016. (In Rus.) 15. Shibichenko G. I. Foreign experience of strategic planning of a municipal formation. Web. 12.09.2023. https://cyberleninka.ru/article/n/zarubezhnyy-opyt-strategicheskogo-planirovaniya-razvitiya-munitsipalnogoobrazovaniya/ viewer. (In Rus.) 16. Yashina N. I., Poyushcheva E. V., Pronchatova-Rubtsova N. N. Improving the methodology for determining the budgetary stability of the subjects of the Russian Federation: two approaches to assessment in modern socio-economic conditions. Finance and Credit, no. 11, 2013. (In Rus.) 17. Arora S., Kumar V. N., Agrawal R. Making strategy process intelligent with business intelligence: an empirical investigation. International Journal of Data Analysis Techniques and Strategies, vol. 7, no. 1, pp. 77– 95, 2015. (In Eng.) 18. Goodman M., Dingli S. M. creativity and strategic innovation management. L.: Routledge Publ., 2012. (In Eng.) 19. Maitland E., Sammartino A. Decision making and uncertainty: the role of heuristics and experience in assessing a politically hazardous environment. Strategic Management Journal, vol. 36, no. 10, pp. 1554–1578, 2015. (In Eng.)
Full articleStrategy for the Socio-Economic Development of a Municipality as a Factor in the Financial Sustainability of the Local Budget (on the Example of the Tungokochensky Municipal District)