Budget Revenues Research Articles

ANALISIS PROSES PERENCANAAN DAN PENGANGGARAN BELANJA MODAL DPU KOTA SEMARANG TAHUN ANGGARAN 2019

Presidential Regulation No. 54 of 2010 concerning Government Procurement of Goods/Services which is relatively more comprehensive is expected to be able to regulate order in the implementation of government procurement of goods and services. The government provides the widest opportunity for small businesses, micro-enterprises and cooperatives to take part in tenders for goods/services procurement work packages. The purpose of this study is divided into 2 (two) which are research stages, namely analyzing the effectiveness of the regional financial performance of the Semarang City Government, analyzing the efficiency of the regional financial performance of the Semarang City Government with variables.
 The type of research used in this research is research using quantitative methods with SWOT analysis and questionnaire methods, qualitative descriptive analysis by measuring the financial performance of the DPU Semarang City Government through the concepts of effectiveness and efficiency. Measurement is measured through a comparison of actual revenue with revenue budget
 Based on the results of the analysis using SWOT analysis with IFAS and EFAS scores, it can be seen that the Planning and Budgeting of Capital Expenditures for the DPU for the City of Semarang for the 2019 Fiscal Year is located in Quadrant I. From the calculation of the effectiveness and efficiency of the DPU for the City of Semarang in 2019 it looks effective but not efficient, because it obtained the effectiveness value is 105.53% where the value indicates it is effective, and the efficiency value is 106.7% where the value indicates it is not efficient.

INNOVATIVE MARKETING APPROACHES IN TОURISM

The article analyzes the activity of the tourism sector of Ukraine and the results of an online survey before the velvet season on traveling in Ukraine during a full-scale war. The regions of Ukraine with a significant increase in budget revenues from tourism entities are identified. The essence of tourism marketing is defined. The most important features of tourist demand formation are characterized. The essence of the tourism product is presented and its typical features are highlighted. New trends in tourism in connection with active digitalization are considered: «e-tourism» (ETravel), «virtual tourism», «tourist information systems». The importance of virtual tourism in the context of restrictions on the mobility of tourists, as well as innovative tourist products created using Internet technologies: augmented and virtual reality, QR codes, online booking, touch screens, geoportals, quest tours are determined.
 The article provides an interpretation of marketing communications in tourism and presents innovative marketing communications in tourism. The challenges of Russia's full-scale invasion of Ukraine, which have changed the main trends in the innovative development of the tourism sector, are considered.
 The top 10 startups in the travel industry are highlighted: Holidify, Bikemap, Tripoto, PickYourTrail, ClickBus, Hundredrooms, Zostel, Trawell.in, GoRaymi, Journi. The ranking is based on the startup’s place in the global startup ranking. The advantages and functional purpose of Ukrainian startups in the field of tourism are characterized: Bookimed, 2event, Silence, Viaguide.

PENGARUH PARTISIPASI MASYARAKAT TERHADAP TRANSPARANSI PENGELOLAAN ANGGARAN PENDAPATAN DAN BELANJA DESA (APBDesa)

This research was conducted to know the significant level of Effect of Public Participation on Transparency of Rural and Village Expenditure Budget Management (APBDesa) partially showed that Community Participation has a positive and significant impact on Transparency of Village Revenue and Expenditure Budget Management (APBDesa) with the result of the 6,205> 1,983 tables and Has a sig value (probability) of 0.000 which is smaller than 0.05, it indicates that community participation is stronger in influencing the variables of Transparency Management of Revenue and Expenditure Budget of Village (APBDesa). From the results of the research, it was found that the influence of public participation on the transparency of the management of the village income and expenditure budget (APBDesa) in Telagamurni village in the Cibitung sub-district showed that community participation had a positive effect on the transparency of village revenue and expenditure budget management (APBDesa)

Ketertarikan Masyarakat Terhadap Kereta Cepat Jakarta – Bandung

Cooperation between Indonesia and China in building high-speed trains began with President Joko Widodo's visit to Beijing, China in November 2014. President Joko Widodo is interested in China's high-speed trains. The construction of the Jakarta-Bandung Fast Train is a collaborative effort with an agreement not to use funds from the State Revenue and Expenditure Budget (APBN). Indonesia has a requirement to do business only on a business-to-business (B2B) basis. The Jakarta-Bandung Fast Train is known to the public as an express train that meets people's needs and is highly praised for its service, comfort and supporting facilities. The construction of the Jakarta-Bandung express train is a government initiative to modernize transportation within the city, and has a significant impact on economic development and community mobility. This is considered very effective in overcoming traffic jams and minimizing losses for the government.

DISTRICT ROAD DATABASE MANAGEMENT BASED ON GEOGRAPHIC INFORMATION SYSTEM TO SUPPORT REGENCY ROAD MAINTENANCE (CASE STUDY: SINTANG DISTRICT)

Road maintenance on the section of the road classified as a district road in the Sintang sub-district is the responsibility of the Sintang District Government. The financial constraints of the Sintang District Government, allocated annually in the Regional Revenue and Expenditure Budget (APBD) of Sintang District, pose a challenge in realizing the plan for district road maintenance, whereas funding for road maintenance needs to be budgeted regularly to maintain the road conditions in good shape, therefore, in this case, stakeholders or decision-makers are expected to be able to consider and decide which road sections should receive recommendations for "urgent," "immediate," and "postponed" maintenance. The chosen road maintenance points must not solely prioritize the lowest construction costs, accessibility, or strategic area value. Indeed, in this case, an analysis is required to integrate various criteria, thus serving as the basis for a decision as the best choice. The research method is presented descriptively, explaining the determination of the scale for recommending maintenance of district roads. The data collection technique is carried out using primary data in the form of documentation photos of each road section and road condition data assessed using the Road Condition Index (RCI) method or road roughness index, as well as secondary data consisting of road inventory data, road condition data, accident data, area size data, socioeconomic data, and maps. The fulfillment of the Minimum Service Standards (MSS) for roads is then calculated based on the collected data. This includes both the MSS for individual road sections and the MSS for the road network. The fulfillment of the road network's MSS is divided into three aspects: accessibility, mobility, and safety. Based on the analysis of the MSS, it is categorized into three recommendations: "urgent," "immediate," and "postponed." After obtaining the recommendations for each road section, they are presented as a map. After obtaining the research results, two road sections fall under the "urgent" recommendation for road maintenance. For immediate recommendations, there are 15 road sections. Meanwhile, 44 road sections are included in the delayed recommendations for road maintenance to be carried out.

ANALISIS PENGAWASAN PEMBIAYAAN PENDIDIKAN DI MADRASAH

This research aims to describe the supervision of the education budget in terms of the sources and allocation of the education budget at MAS Al Ihya Cianjur for the 2022 fiscal year. The number of informants was 6 people. The data collection methods used were interviews, observation and documentation. Data analysis is a descriptive qualitative approach with the main components, namely data reduction, data presentation and drawing conclusions. Checking the validity of the data uses triangulation techniques. The results of the research show that the source of education funding comes from various sources amounting to IDR 287,120,000.00, the allocation for school development is IDR 287,120,000.00. Implementation of education financing starts from planning with reference to the Madrasah Budget Revenue Plan (RAPBM). Costs that do not match their realization are made into a new recapitulation. The most expenditure is used for honorarium for educators and education staff amounting to IDR 87,450,000.00. Supervision and accountability are carried out by the Ihya Ulumiddin Foundation, the School Committee, and the Cianjur Regency Penmad.

The Effect of Low Carbon on Urban Economy: Romer Model and Empirical Evidence

We investigate the relationship between carbon emissions and the economy, focusing on the environmental and economic conditions of cities in China. The research is conducted within the framework of low-carbon city pilot policies, aiming to determine whether city economies in China are growing, declining, or exhibiting a “U-shape” pattern under low-carbon circumstances. A sample of 29 cities, including municipalities and provincial capitals, was selected from the period between 2011 and 2016. Using regression analysis, we examine the negative correlation between GDP and carbon emissions and total industrial sulfur dioxide emissions. Additionally, we find a positive association between GDP and park green area. The robustness of our findings is confirmed through Budget Revenue tests. Furthermore, Difference-in-Differences (DID) testing reveals the positive impact of control variables on the two main variables under investigation.

Examining the Roles of Government Accounting Officers and Their Implications on Achieving Sustainable Revenue Budget: A Case Study of the Ekiti State Government, Nigeria

Examining the Roles of Government Accounting Officers and Their Implications on Achieving Sustainable Revenue Budget: A Case Study of the Ekiti State Government, Nigeria

Податкові надходження в доходах місцевих бюджетів України та їх фіскальний потенціал

The aim of the article is to analyze the dynamics of tax revenues of local budgets in Ukraine for the period from 2018 to 2023 and to study their structure and share in the total revenues of local budgets, the consolidated budget and the country’s GDP to identify their fiscal potential and influencing factors. Analyzing the dynamics of tax revenues of local budgets from 2018 to 2023, it is worth noting the overall growth of these revenues during the mentioned period. However, the ongoing war that began in 2022 and other external factors have significantly affected this dynamic, leading to fluctuations. The article examines not only the general dynamics of tax revenues, but also their structure, distribution by main components and their relation to the total revenues of local and consolidated budgets, as well as a percentage of GDP. The share of tax revenues in total local budget revenues in Ukraine has undergone significant changes, increasing during the COVID-19 pandemic and the war in 2022, but slightly decreasing in 2023. The share of these revenues in total consolidated budget revenues also decreased in 2022 and 2023, indicating the impact of economic instability and war. The share of local tax revenues in GDP increased in 2022 and 2023, reflecting the increased role of local taxes in financing and adapting to new economic conditions. The dynamics and structure of local taxes and fees, as well as their contribution to the tax revenues of local budgets, are also considered. Analysis of the dynamics of local taxes and fees shows a steady growth in 2019–2020, but a sharp decline in 2022 due to hostilities. However, in 2023, there is a positive trend along with growth, which indicates the stabilization and recovery of the economy. The structure of local taxes and fees is undergoing changes, in particular, there is an increase in the share of the single tax, which indicates a strategic rethinking of the taxation system to simplify and increase the efficiency of tax collection. The increase in the share of local taxes and fees in the tax revenues of local budgets testifies to their importance in the financial support of local authorities and their economic self-sufficiency and stability. In general, the analysis provides an opportunity to understand the economic situation in the regions of Ukraine and the impact of external and internal factors on financial processes in Ukraine. The results obtained can be useful for government agencies, economists and researchers interested in the financial stability and economic development of the regions of Ukraine.

НАПРЯМИ АНАЛІЗУ СОЦІАЛЬНОЇ СФЕРИ УКРАЇНИ В СУЧАСНИХ УМОВАХ

A full-scale war and uncertainty about the sources of funding pose numerous threats to the future development of the social sphere in Ukraine. Currently, the expenditure side of Ukraine's budget is focused on priority financing of defence and military expenditures. At the same time, the decline in business activity as a result of Russian aggression and large-scale invasion is leading to a decline in budget revenues and the level of budgetary capacity. Under these conditions, the social sector of Ukraine does not receive sufficient funding and generally operates at the expense of international donors. The complexity of the situation necessitates a thorough analysis of the social sphere to identify the most priority areas of its development for the purpose of concentrated use of limited resources and efforts. The purpose of the article is to highlight the current problems of the social sphere development and to substantiate the directions of its analysis. The article analyses the standard of living of the population in the conditions of war, identifies current problems of development of the social sphere of Ukraine, and describes the priority areas of analysis of the social sphere. The article analyses statistical sources of the Ministry of Social Policy, the State Statistics Service, and the Pension Fund of Ukraine. The study used analytical and statistical-mathematical methods, the method of deduction in identifying development problems and systematisation and generalisation in identifying areas of analysis of the social sphere. Among the priority areas of analysis of the social sphere of Ukraine are the analysis of the standard of living of the population, analysis of GDP per capita and comparison of dynamics with other countries, analysis of access to education and medicine, analysis of employment and the labour market, assessment of social inclusion, analysis of socio-cultural development as part of the social life of citizens.

Research the state of local budgets execution of Ukraine during wartime

The article examines the state of local budgets execution of Ukraine in wartime conditions, and finds out the main trends and identifies problematic points in local budgets implementation. The role of local budgets in overcoming challenges in wartime conditions through the financial basis for providing services at the local level, helping internally displaced persons, supporting relocated businesses, arranging shelters, and ensuring the fulfillment of socio-economic tasks at the local level have been characterized. The financial resources of local self-government have been described where the dominant place is occupied by local budget revenues. It was found that there were changes in the budget legislation in the conditions of martial law, which relate to the methods and ways of managing public finances, including local budgets through the simplification of the budget process procedure at the local level and the expansion of both the government and local authority’s powers in terms of management and use of budget funds. The dynamics and structure of local budget's revenues of Ukraine, as well as the implementation percentage of revenue's planned indicators of local budgets for the period 2020– 2022 and for January-August 2023 have been analyzed. The dynamics of local budget’s expenditures of Ukraine and the implementation percentage of expenditures planned indicators for 2020–2022 and for January-August 2023 have been studied. A comparison has been made of the total revenue and total expenditure of local budgets of Ukraine in 2020–2022, as well as for January-August 2023. The state of local budgets execution of Ukraine by general and special funds, as well as in general in 2021–2022 and for January-August 2023 has been studied. It was found out that, despite the war, the local budgets of Ukraine had an excess of revenues over expenditures, i.e., a budget surplus. Budget surplus was observed due to the influence of a number of factors, among which the growth of income from personal income tax and import VAT is significant. Problematic points in the execution of revenues and expenditures of local budgets of Ukraine during the wartime period have been indicated, including the occurrence of imbalances in local budgets and the need for further improvement of the national budget policy.

Проблемні аспекти та вдосконалення майнового оподаткування в Україні

The aim of the article is to study the problematic aspects of property tax administration and identify approaches to its improvement. It is found that property tax revenues in Ukraine are at a low level relative to GDP, their share in GDP does not exceed 1%, while the level of this ratio in the EU Member States is on average 2.2%. During the period under analysis, there is a tendency to a slow reduction in the share in GDP of both local taxes and fees, as well as property tax, which makes local budgets dependent on transfers from the State budget and the shares of national taxes and fees assigned to them. There is a steady tendency to reduce the share of property tax in the tax revenues of local budgets of Ukraine in recent years, which is associated with the full-scale war in Ukraine and the tax benefits for the payment of property taxes adopted by the Verkhovna Rada of Ukraine. It is determined that the largest share in the structure of property taxes falls on land payments, while the share of transport tax is very low due to the limited list of objects that are liable to taxation. The main problems of property tax regulation in Ukraine have been allocated as follows: insufficient level of effectiveness in the administration of real estate tax, imperfect process of determining the property tax base, unreasoned establishment of property tax benefits, centralized administration of property taxes. Different approaches to tax administration and foreign experience on this issue are analyzed. The expediency of transferring the powers to administer property taxes to local self-government bodies in order to strengthen the financial capacity of communities and reduce public expenditures is substantiated. It is defined that local self-government bodies represent the most interested subject in the formation of a self-sufficient system of local finances, and tax service bodies have insufficient resources and have low motivation to administer property taxes. The problems for local authorities in case of obtaining powers to administer property tax are outlined. A new model of property tax administration has been proposed, in which local self-government bodies exercise the entire set of powers to administer property taxes. Directions for improving the property tax administration system in Ukraine are also proposed.

ЗАБЕЗПЕЧЕННЯ СИЛ ОБОРОНИ НА МІСЦЕВОМУ РІВНІ: БЮДЖЕТНО-ПРАВОВИЙ АСПЕКТ

The success of the end of military operations in Ukraine depends on a reliable internal front, namely, support for the defense forces at all levels of government. The article analyses the budgetary and legal instruments for supporting the Armed Forces of Ukraine. According to the current legislation, the main source of support is the State Budget of Ukraine and financial support from partner countries. The current state of financing of the defense forces units of Cherkasy region is analyzed. It is found that the existing approach to providing these units does not meet the urgent needs: their maintenance is carried out at their own expense, with the help of volunteer organizations and domestic business. It is determined that an additional source of stable provision of such units may be free funds of local budgets and revenues from the personal income tax (military personnel), which have significantly increased the revenues of local self-government budgets. The author substantiates the ways of resolving the issues of inconsistency in the current legislation, in particular, the Laws of Ukraine "On Local Self-Government in Ukraine" and "On the Fundamentals of National Resistance".

Challenges and financial opportunities of the development of territorial communities in the conditions of war

The article analyzes the main trends in the financial capacity of development of territorial communities under the influence of the war with Russia. The dynamics of own revenues of local budgets of territorial communities across the regions of Ukraine were analyzed, taking into account the inflation index, the rate of growth of personal income tax from the financial support of military personnel, local taxes, and interbudgetary transfers. New, war-induced, financial challenges to the development of territorial communities are highlighted, namely: unforeseeable and numerous changes in the legal field, which required LGUs to constantly monitor them and change current plans; strengthening of the asymmetry of the development of territorial communities and the dependence of the level of financial capacity of the territorial community on the presence of a registered military unit on its territory; a decrease in the revenue part of local budgets due to a decrease in the amount of local taxes, the largest fee for land, a single tax, etc.; organizational problems of local tax collection that arose during the war; a decrease in capital investments due to government-imposed restrictions on special fund expenditures, a decrease in transfers from the state budget to local budgets, in particular, the amount of educational subventions and the need to increase expenditures on general secondary education from the own revenues of local budgets of territorial communities, and others. At the same time, in the conditions of the war, the communities had new opportunities for local development, in particular, the budgets of the territorial communities were replenished at a faster rate due to income tax on the income of individuals (PIT) from the financial support of military personnel. The «big bonus» of the most financially capable communities was the reverse subsidy, which for the most part remained at the disposal of local self-government bodies, which in turn increased the asymmetry of the financial capacity of the development of territorial communities and developed undesirable effects of procrastination.

The Role of Village Government in Managing Funds and Implementing Development

Currently, the Indonesian government continues to strive to improve the implementation of national development so that the pace of regional development, which also includes village development, is more balanced. In this case, the regional government has full authority in determining policy, planning, implementation, and financing. Village financial management must be carried out with excellent and accountable management because the funds coming into the village are too large to be managed by a Village Government. With the existence of the Village Fund policy, the management dimension in implementing the Village Fund policy needs to be implemented well. However, the implementation of village funding policies still needs to be improved. This research aims to describe and analyze the village government's ability to manage village funds and the use of village funds in implementing village development in Plandi Village, Wonosari District, Malang Regency. This research uses qualitative methods in Plandi Village, Wonosari District, Malang Regency, East Java, Indonesia. The data collection techniques used were interviews, documentation, and observation. The data will be analyzed using qualitative methods adapted from Miles and Huberman in Saldana (2014): data collection, condensation, data presentation, and conclusion. The results of this research are the implementation of Plandi village regulation policy no. 7 concerning the Village Revenue and Expenditure Budget for Fiscal Year 2023 has been done well. The system of information transparency to village communities has also been delivered well. However, the use of the Village Fund budget can be resolved well. However, there needs to be increased strict supervision regarding the implementation of activity planning and management by the village government for the community.

Taxes on real estate- an effective economic management tool in many countries worldwide and lessons for Vietnam

The state budget is a crucial political task for governments, with taxes being a significant source of revenue. In developed nations, property taxes constitute the primary source in total tax revenue and local budgets. Vietnam currently does not levy property taxes on real estate but only imposes taxes on agricultural land use and non-agricultural land use based on very low predetermined land values. Introducing property taxes not only generates a substantial and sustainable source of revenue for the budget but also helps curb speculation in land and real estate, promoting transparency in asset ownership. Due to a lack of comprehensive and standardized legal, technical, and economic statistics, and the rapidly changing market prices for land and real estate, formulating property tax laws in Vietnam has been challenging. Despite significant differences in conditions compared to other countries, property taxes are deemed essential in the near future. Researching theoretical foundations and the experiences of other nations in real estate tax laws, especially those undergoing economic transitions like Vietnam, is crucial. It is known that this tax has been under thorough examination to gradually develop, enact, and implement it in line with practical needs and, most importantly, to garner public and societal consensus.

Strengthening fiscal decentralization in Russia: causes of the 2020 failure and prospective directions

Relevance. Strengthening fiscal decentralization is viewed as a crucial strategy to foster the economic development of Russian regions. Research Objective. The research aims to assess the potential impact of redistributing tax revenues, particularly VAT, among various budget levels. Data and Methods. The study employs regression analysis to investigate the correlation between the Gross Regional Product (GRP) of Russian regions and the expenditures of their consolidated budgets. A comparative analysis is also conducted, using data from the Federal Tax Service on VAT receipts to the federal budget and data from the Federal State Statistics Service on GRP and expenditure components of regional budgets from 2005 to 2021. Results. The research confirms the Russian government’s concerns regarding a possible increase in economic disparities if 40% of VAT is shifted to sub-federal levels. It reveals the negative impact that such a measure would have on specific regions. Instead, a more promising approach is to implement a special budgetary regime in select regions to stimulate their development. Conclusions. The study showcases adverse effects associated with transferring 40% of VAT to the sub-federal level. It proposes a mechanism to enhance fiscal decentralization in Russia, aiming to advance regional economic development, address economic disparities among regions, and offset any potential reduction in federal budget revenues.

Foreign practice of regulatory and legal provision of taxation of transactions with cryptoassets and its significance for Ukraine

This article delves into the legal framework for taxing crypto asset operations to establish a theoretical platform for developing the legal basis for regulating virtual assets in Ukraine. The study aims to examine international experience in shaping the legal framework for the circulation of crypto assets within the general context of digitizing the financial system and developing an adequate taxation model for them in Ukraine. The following methods were used to solve the set tasks: analysis, synthesis, generalization, induction, analogy, modeling, and a systematic approach. The article examines international experience in shaping the regulatory and legislative framework for taxing crypto asset operations. The existing international classification of crypto assets is analyzed in the context of their effective taxation. The features of crypto assets that complicate the taxation of transactions with them are established. The differences in approaches to taxing cryptocurrency in individual European countries are noted, and the possibilities of taxing not only income from cryptocurrency transactions but also introducing VAT and sales tax are clarified. The processes of acquiring legal clarity and scientific validity regarding the taxation of individual categories of crypto assets are reflected. Given the high degree of anonymity of virtual assets, the first step towards effective rules for their taxation is to apply the rules for identifying and verifying the identity of beneficial owners and reporting requirements for third parties. It is emphasized that the taxation of crypto asset operations in Ukraine will prevent illegal operations with cryptocurrencies, promote the expansion of investment opportunities for the population and business, and ensure additional budget revenues. Considering that Ukraine is among the top five countries in terms of the share of cryptocurrency owners, the task of streamlining the domestic legal framework for the circulation of virtual assets, taking into account international experience, is extremely urgent. This will allow both to streamline their circulation and expand investment opportunities for businesses and the population during an unstable period of war, and ensure additional budget revenues.

Развитие национальной самоидентификации инструментарием мегапроектного финансирования экономики

Introduction. The article analyzes the interpretations of the concept “megaproject” and proposes the author’s definition of the concept presupposing explicit and implicit beneficiaries and ensuring high-tech products with a high potential for market sales. Purpose. Based on the results of the regression analysis, the paper draws conclusions and describes the behavior strategies of the explicit and implicit beneficiaries in the megaproject when its results are being registered and after it. Materials and Methods. Theoretically and methodologically, the paper refers to the works of scientists examining megaprojects. The regression analysis for thirty constituent entities of the Russian Federation made it possible to determine that the indicators of their budget revenues illustrate that cash flows determined by the investment return from the investments in fixed capital go through the budget system with a minimal tax burden. Results. It has been found that in the analyzed period, the return on investment in fixed assets was determined by the investors’ speculative motives when using financial market instruments under personal guarantees of the heads of the constituent entities of the Russian Federation. At the same time, the applied financial market instruments gave the minimum inflow of taxes into the budget system of the Russian Federation. Conclusions. In its model, Russia is closer to the continental civilizational type; the balance in the socio-economic relations determined by megaprojects with their maximum contribution to GDP could be achieved when national self-identification is distinctly shaped; national self-identification could only be developed with due regard to the quantitative and structural composition of population.

Таможенные органы и финансовая система Российской Федерации

The effectiveness of the fiscal function of the Federal Customs Service is an important factor in determining the interests of the state in the economy. This article examines a pressing issue in modern geopolitical realities - customs authorities and their influence on the formation of the state’s financial system. The object of the study is the Federal Customs Service of Russia, as one of the main government bodies that replenishes the federal budget. The purpose of the study is to analyze and assess the impact of the activities of the customs authorities of Russian Federation on the formation of the country’s financial system. The main objectives of the study are as follows: to study approaches to defining the concept of "financial system of the state", to analyze federal budget revenues in the context of revenue administrators and to assess which customs payments significantly influence the formation of the country’s budget. Approaches to the formation of the concept of "financial system" of the state and the contribution of various scientists to this concept are explored. An analysis of federal budget revenues in the context of revenue administrators and the main functions of the Federal Customs Service and their impact on public finances is carried out. The article also compares the activities of customs authorities with other government bodies of Russian Federation that accumulate financial revenues from the federal budget and influence the financial system of Russian Federation. The article analyzes the role and significance of customs duties in federal budget revenues for the period from 2021 to 2023. The study has showed a reduction in the amount of customs duties both in absolute values and in their share in the total federal budget revenue. This is due to the geopolitical situation in the country, changes in the exchange rate of the dollar against the ruble and the introduction of sanctions by some Western countries against Russia. The article analyzes the legal framework regulating the financial legal relations of customs authorities and participants in foreign economic activity. Conclusions are drawn that customs authorities directly influence the formation of the financial system of Russian Federation through the implementation of their main function (fiscal) of collecting tax and non-tax payments, monitoring foreign economic relations and maintaining the economic security of the state and are one of the main administrators of the federal budget of the state. This confirms the hypothesis that the work of the customs service directly affects the economic well-being of the country and its fiscal policy.