СУЧАСНИЙ СТАН, ПРОБЛЕМИ ТА ПЕРСПЕКТИВИ РОЗВИТКУ МІСЦЕВИХ ФІНАНСІВ УКРАЇНИ

Abstract

The article is dedicated to the analysis of the revenues of local budgets and the state budget for the period from 2008 to 2020. The ratio of revenues to state and local budgets is calculated. These parameters are compared and the main trends are identified. It was found that the level of financial centralization of budgets remains consistently high. However, changes in the structure of budgets related to decentralization reform have not lost their relevance. It is researched the dynamics of the main components of local budget revenues according to the Budget Code of Ukraine (tax revenues, non-tax revenues, revenues from capital transactions, official transfers). The most important indicators are determined and their dynamics are analysed. t was found that the financial stability of the budgets of territorial communities is possible in the presence of their own financial resources, as well as the ability of local governments to accumulate and use them. Given the need to review the financial capacity and independence of local budgets, the indicator of financial decentralization of tax revenues for 2008-2020 is calculated. It is also realized an analysis of the dynamics of growth of tax revenues in the structure of local finance. The dynamics of changes in tax revenue indicators is studied and the influence of decentralization transformations on their structure is revealed. The dependence of their indicators on the implementation of the reform of the financial transformation of the public administration system was also revealed. It is pointed out the dynamics of the share of official transfers in the structure of revenues to local budgets and their growth rates. According to the results of the research, it has been identified peculiarities of the intergovernmental transfers impact on the level of financial autonomy of the budgets of territorial authorities in the context of decentralization reform. Also, on the basis of this study, the main problems of filling the revenue base of local finances are identified and ways to solve them are formulated, which will increase responsibility and expand the range of powers of territorial communities.