NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES
The purpose of the article is to determine the essential characteristics of local budgets and justify their classification aspects. Methodology. In the course of writing used general scientific and special methods of knowledge: dialectical and systemic-functional – to summarize the theoretical conce...
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doaj-e0edd337bc7545328a61208e38ee75be2020-11-24T23:24:03ZengIzdevnieciba “Baltija Publishing”Baltic Journal of Economic Studies2256-07422256-09632015-11-01121822NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUESOksana VinnytskaThe purpose of the article is to determine the essential characteristics of local budgets and justify their classification aspects. Methodology. In the course of writing used general scientific and special methods of knowledge: dialectical and systemic-functional – to summarize the theoretical concepts of income of local budgets; analysis and synthesis – to detail the subject of research and study its components; logic synthesis – to justify approaches and proposals for the formulation of local budgets. Results. Proved that today there is no single view on the interpretation of economic categories “revenues of local budgets.” A refined concept of “local budget revenues” from the standpoint of material content, form, organizational structure and nature of local budgets. Local budget revenues determined as part of the financial resources of society, which is accumulated by local authorities to enforce their tasks and functions to implement current and future challenges of social infrastructure in the regions. Proved that the revenues of local budgets are derived from their own, and assigned to the established order of state taxes, fees and other mandatory payments. The main feature of their own revenues is the direct subordination of local government. The main feature is the fixed income long-term nature of their attachment to the appropriate budget. Value/originality. Proved that the presence in the economic literature of different classification criteria of local budget on various grounds provides multi classification that reflects all the features of the formation, use and functional differences revenues of local budgets. This approach provides the basis for improving the functioning of the theoretical foundations of the budget process in Ukraine at the level of local authorities.http://www.baltijapublishing.lv/index.php/issue/article/view/31/35fiscal policygovernment revenuesbudget revenuesrevenues of local budgetstax revenuestypes of incomeclassification of incomes |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Oksana Vinnytska |
spellingShingle |
Oksana Vinnytska NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES Baltic Journal of Economic Studies fiscal policy government revenues budget revenues revenues of local budgets tax revenues types of income classification of incomes |
author_facet |
Oksana Vinnytska |
author_sort |
Oksana Vinnytska |
title |
NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES |
title_short |
NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES |
title_full |
NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES |
title_fullStr |
NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES |
title_full_unstemmed |
NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES |
title_sort |
nature and classification aspects of local budget revenues |
publisher |
Izdevnieciba “Baltija Publishing” |
series |
Baltic Journal of Economic Studies |
issn |
2256-0742 2256-0963 |
publishDate |
2015-11-01 |
description |
The purpose of the article is to determine the essential characteristics of local budgets and justify their classification aspects. Methodology. In the course of writing used general scientific and special methods of knowledge: dialectical and systemic-functional – to summarize the theoretical concepts of income of local budgets; analysis and synthesis – to detail the subject of research and study its components; logic synthesis – to justify approaches and proposals for the formulation of local budgets. Results. Proved that today there is no single view on the interpretation of economic categories “revenues of local budgets.” A refined concept of “local budget revenues” from the standpoint of material content, form, organizational structure and nature of local budgets. Local budget revenues determined as part of the financial resources of society, which is accumulated by local authorities to enforce their tasks and functions to implement current and future challenges of social infrastructure in the regions. Proved that the revenues of local budgets are derived from their own, and assigned to the established order of state taxes, fees and other mandatory payments. The main feature of their own revenues is the direct subordination of local government. The main feature is the fixed income long-term nature of their attachment to the appropriate budget. Value/originality. Proved that the presence in the economic literature of different classification criteria of local budget on various grounds provides multi classification that reflects all the features of the formation, use and functional differences revenues of local budgets. This approach provides the basis for improving the functioning of the theoretical foundations of the budget process in Ukraine at the level of local authorities. |
topic |
fiscal policy government revenues budget revenues revenues of local budgets tax revenues types of income classification of incomes |
url |
http://www.baltijapublishing.lv/index.php/issue/article/view/31/35 |
work_keys_str_mv |
AT oksanavinnytska natureandclassificationaspectsoflocalbudgetrevenues |
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1725562164091027456 |