CITY BUDGET: THEORETICAL ASPECTS OF QUALITATIVE FORMATION AND IMPLEMENTATION CONTROL

Abstract

Introduction. The article considers issues related to the city budget from the perspective of improving certain theoretical aspects, namely the essence and formation of a quality budget and the processes of quantitative and qualitative assessment.

Purpose of the article. The purpose of this work is to improve certain theoretical aspects of financial planning of city activities on the basis of revealing the essence of the category "quality of the city budget" and possible ways of its comprehensive and qualitative assessment.

Materials and methods. In the process of research, the methods of scientific abstraction, complex analysis and synthesis, structural decomposition, logic and generalization of the results of previous research, cause-and-effect relationship, content-comparative, and scientific-analytical were used to meaningfully reveal the essence of the problem.

Results. Literature sources were reviewed regarding a set of various issues related to the process of formation and use of city budget resources.

Existing approaches to revealing the essence and significance of the city budget for its sustainable socio-economic development are analyzed.

Attention is focused on modern requirements for ensuring the quality of the city budget.

The author's vision is proposed regarding the interpretation of the essence of the category "quality of the city budget", which is revealed from the position of a comprehensive qualitative and quantitative characteristic of the budget and taking into account the interests and opportunities for influence of city citizens on the process of formation and implementation of city budget resources.

A proposal is presented regarding the formation of two separate basic budget indicators, the purpose of which is to assess and focus attention on such aspects of the city as the progressiveness of changes and citizen satisfaction with the goals and objectives set and achieved.

Prospects. The budget, as a theoretical and practical category, due to its relevance and significance of its impact on the development of the city and due to various internal and external circumstances that change over time, objectively requires constant and appropriate research and theoretical and methodological improvements in various aspects of its essence.

In our opinion, one of such promising areas is the issue related to assessing the effectiveness of the city budget, because it is multifaceted in content and significant in terms of calculation methods.

Resolving this issue will help ensure an increase in the overall quality of the budget in the future.