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To the question of financial autonomy of municipal entities and methods of assessment of its level

Vol. 24, Iss. 9, SEPTEMBER 2018

Received: 25 June 2018

Received in revised form: 9 July 2018

Accepted: 30 July 2018

Available online: 28 September 2018

Subject Heading: FISCAL SYSTEM

JEL Classification: H61, H71

Pages: 2017–2032

https://doi.org/10.24891/fc.24.9.2017

Dadashev A.Z. Academy of Public Administration, Moscow, Russian Federation
azd120840@yandex.ru

ORCID id: not available

Zolot'ko A.I. Institute of Distance and Open Education, Financial University under Government of Russian Federation, Moscow, Russian Federation
goldrose@bk.ru

ORCID id: not available

Subject This article considers the issues of financial self-sustainability of municipal entities in the context of the European Charter of Local Self-Government and municipal reform being conducted in the Russian Federation.
Objectives The article aims to reveal the essence and content of financial self-sustainability of municipal entities and substantiate the method of estimation of its level. The article also aims to develop and propose a method of estimating the level of relative financial self-sustainability of local self-government bodies, which would provide sufficient confidence in the process of separating groups of municipal entities.
Methods For the study, we used a systems approach and the methods of comparative and structural analyses.
Results The article reveals the content of financial self-sustainability of municipal entities, the key criterion of which is the need of local budget for government aid. As well, the article proposes a method of assessing the level of relative financial self-sustainability of local self-government bodies, which ensures a greater reliability when separating groups of municipal entities.
Conclusions On the basis of the key criterion, municipal entities can be identified as municipal entities that have attained full financial self-sustainability and municipalities which financial independence is incomplete or relative.

Keywords: municipal unit, financial self-sufficiency, local budget, governmental grant, own income

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