Budget system of the Russian Federation. Regional budgets (most important)

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Budget system of the Russian Federation. Regional budgets (most important)

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7. Regional budgets

Regional budgets - the central link of territorial budgets, which serve to financially support the tasks that lie with the state authorities of the constituent entity of the Russian Federation.

The purpose of the regional authorities is to ensure the development of the regions, as well as the production and non-production areas in the territories under their jurisdiction.

Recently, regionalization of economic and social processes has been observed.

The role of regional budgets is being strengthened.

With the help of regional budgets, the state pursues an economic policy, leveling the levels of economic and social development of territories that, due to historical, geographical, military and other conditions, have lagged behind other regions of the country in their economic and social development. Regional programs are being developed, which are financed from regional budgets.

In accordance with the RF BC, the revenues of regional budgets are formed at the expense of their own and regulatory revenues.

Own revenues include the following regional taxes and fees:

1) corporate property tax;

2) real estate tax;

3) road tax;

4) transport tax;

5) sales tax;

6) gambling business tax;

7) regional license fees.

The main directions of using the funds of regional budgets:

1) ensuring the functioning of the legislative and executive authorities of the constituent entities of the Russian Federation;

2) servicing and repayment of the state debt of the constituent entities of the Russian Federation;

3) ensuring the implementation of regional target programs;

4) formation of state property of the subjects of the Russian Federation;

5) implementation of international and foreign economic relations of the constituent entities of the Russian Federation;

6) ensuring the activities of the media of the constituent entities of the Russian Federation;

7) provision of financial assistance to local budgets;

8) ensuring the implementation of certain state powers transferred to the municipal level;

The first place in expenditure is occupied by appropriations for the national economy (industry, construction, agriculture, transport, road facilities, communications, etc.).

Second place - spending on social and cultural activities (education, culture and art, social policy) - over 25%; the cost of managing and maintaining law enforcement agencies is approximately 8%.

Author: Natalia Burkhanova

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