Abstract

Research background: This article examines the problems of sustainable social and economic development of municipalities and tackles the issues of strategic planning, assessment of budget support and the economic condition of municipalities. Purpose of the article: When analyzing the existing social and economic processes in the municipalities of the Russian Federation, attention is drawn to the main methods of planning at the local level, an integral part of which is the preparation of forecasts of social and economic development of the municipality. On the basis of forecasts, a draft of local budget is prepared, determined by the revenue and expenditure side of the budget, laid the necessary sources of financing the budget deficit, formed municipal (address) for the implementation of the powers of local authorities. Methods: When budget planning and forecasting the social and economic development of a municipality, it is necessary to take into account many factors that contain input data for calculations. This includes demographic changes, labor resources, social security of the population, transport infrastructure, business activity, and much more. Findings & Value added: In this paper, the priority directions of the development of municipalities in modern conditions are identified and justified on the example of the municipal districts of the Leningrad Region. The methodological tools used can also be recommended to other municipalities of the Russian Federation.

Highlights

  • Nowadays the issue of preserving the sustainable development of its territories is acute in the Russian Federation

  • In connection with the restrictive measures taken to combat coronavirus infection, the budget of the municipal formation of Izhevsk will not receive at least 246 million rubles’ revenues for 2020 [1]

  • Other scientists believe that the sustainability of the social and economic development of municipalities is characterized by the effective use of available resources to solve the tasks assigned by society to the authorities, the preservation of an ecological favorable environment and equal access of residents of the municipality to participation in the sociopolitical life of the territory [4; 5]

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Summary

Introduction

Nowadays the issue of preserving the sustainable development of its territories is acute in the Russian Federation. Instability of energy prices, tense geopolitical situation at its borders, epidemiological situation are new challenges for the Russian economy. It should be noted that the above-mentioned processes directly affect the social and economic development of municipalities within the country. In connection with the restrictive measures taken to combat coronavirus infection, the budget of the municipal formation of Izhevsk will not receive at least 246 million rubles’ revenues for 2020 [1]. Municipalities of Saint Petersburg lost a number of planned revenues for 2020 [2]. At present, the issue of studying possible ways to improve the social and economic situation of municipalities is becoming urgent

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