Abstract
The sphere of local self-governance in Ukraine deals with a need for thorough researching and solving problems concerned with enhancing the effectiveness of financial and economic regulation of land relations on account of the expansion of the decentralization reform. The decentralization has led to gaining additional powers by bodies of local self-government. These powers entitles bodies of local self-government to ensure the increase of local budgets of newly-formed territorial units –united territorial communities – owing to carrying out financial transactions with land plots owned by local communities. In the process of research, the authors determine financial and economic efficiency of revenues of local budgets of perspective territorial communities by each region of Ukraine, taking into account variants of the normative monetary evaluation of land and the standard of capitalized rental income of agricultural lands located beyond their built-up areas. The authors substantiate an opportunity to create budget-forming sources of revenues for local budgets of perspective communities through the exercise of powers of bodies of local self-government regarding indicating the value of such lands and a right to lease, as well as terms of paying a single tax for the use of such lands for agricultural activity by taxpayers belonged to the fourth group of the simplified system of taxation.
Highlights
A need for normalization of socio-economic conditions of our country at the lowest level has stipulated the importance of a matter concerned with ensuring sustainable regional development in Ukraine
Research outcomes are based on applying the ab- tural lands only (Cabinet of Ministers of Ukraine, stract and logical analysis for determination of the 2018). In spite of these tendencies, financial assets essence of financial and economic regulation of and physical facilities of local self-governance supland relations under conditions of decentraliza- plemented by a communal resource in the form of tion of the state power in Ukraine, statistical anal- agricultural lands located beyond built-up areas ysis for ascertaining the value of land plots, which has enabled to form additional revenues for local are owned or are being passed into ownership budgets of united territorial communities only in of united territorial communities; a system and terms of ensuring high effectiveness of financial structural approach for determining financial and and economic regulation of land relations since economic efficiency of the use of such lands based 2018 (Watamanyuk-Zelinska & Malets, 2018)
To enhance financial and economic effectiveness of the use of agricultural land plots passed into ownership of a territorial community in terms of unification, the authors suggest: 1. Taking into account that the proportion between amounts of revenues from the sale of land plots located beyond built-up areas of amalgamated territorial communities and amounts of revenues from leasing these plots is 1 to 33 and the proportion for plots located within built-up areas is 1 to 3, the authors recommend that lease relations should remain a prevailing form of land turnover in Ukraine (Table 1)
Summary
A need for normalization of socio-economic conditions of our country at the lowest level has stipulated the importance of a matter concerned with ensuring sustainable regional development in Ukraine. It is necessary to take into consideration undertaking the first reforms related to decentralization of management in Ukraine focused on the hierarchy of territorial units, land relations, and ensuring financial autonomy of corresponding territorial communities. Since the enhancement of decentralization processes is problematic and occurs under conditions of an unstable political situation, it is necessary to further examine a matter of effectiveness of financial and economic regulation of land relations, taking into account the creation of the united territorial communities in Ukraine. The research is stipulated by decentralization tendencies of reforms that change traditional administrative powers of local self-governance and a territory of its jurisdiction, influencing regulation of land relations
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