UDC 338.24

Authors

V. A. Kvasha,
PhD in Economics, Associate Professor, Branch Director, Yaroslavl Branch of the Financial University under the Government of the Russian Federation, Yaroslavl, Russia
R. V. Kolesov,
PhD in Economics, Associate Professor, Deputy Director for Educational and Methodological Work, Yaroslavl Branch of the Financial University under the Government of the Russian Federation, Yaroslavl, Russia
D. V. Tumanov,
Ph.D. in Economics, Associate Professor, Head of the Department of Management and General Humanities, Yaroslavl Branch of the Financial University under the Government of the Russian Federation, Yaroslavl, Russia

Abstract

Objective. In the article, the authors consider the problem of improving the mechanisms for managing regional and municipal finances in modern conditions, taking into account the provision of effective and responsible use of limited financial resources.
Materials and methods. The authors proposed a methodology for assessing the quality of regional budget management at the stages of forecasting and planning, ensuring the financing of expenses and spending budget funds in the process of organizing their accounting and reporting, as well as monitoring, analyzing and ensuring the openness of the population in the formation and execution of budgets.
Result. This technique makes it possible, on the basis of the values ​​of the aggregated indicators, to obtain the final estimated indicator for building the rating of the regions in terms of the quality of financial management.
Conclusion. In order to substantiate the recommendations for improving the mechanisms for managing regional and municipal finances, the authors tested the methodology on the example of three regions of the Russian Federation.

Keywords

improvement, mechanism, financial management, regional finance, municipal finance, assessment, indicators, rating, budget, recommendations.