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Finance and Credit
 

Problems of consolidation of subsidies to budgets of municipalities and urban districts in state programs of the Nizhny Novgorod region and their solutions

Vol. 18, Iss. 39, OCTOBER 2012

Available online: 25 October 2012

Subject Heading: Budget policy

JEL Classification: 

Edronova V.N. Doctor of Economic Sciences, Professor of department “Computer Information Systems of Financial Settlements”, the Nizhny Novgorod State University named after N.I. Lobachevsky
v.n.edronova@mail.ru

Tereshin A.V. Graduate Student of department «Finance and Credit», the Nizhny Novgorod State University named after N.I. Lobachevsky
tereshin.kreml@ya.ru

In the article it is noted that subsidies are extremely important for municipalities in the priority directions for the state. They need to be used not so much for «plugging holes», but for regulation of complex municipal development. For increase of independence and responsibility of municipality’s reasonable restriction of quantity of provided subsidies and the flow of documents connected with it should become the general direction of development of system of subsidizing. Some key aspects of the organization of system of subsidizing of municipalities from budgets of subjects of the Russian Federation are analyzed and recommendations about work optimization in this sphere in the Nizhny Novgorod Region are offered.

Keywords: delineation of powers, intergovernmental transfers, efficiency, subsidies, co-financing

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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