FINANCIAL AND ADMINISTRATIVE RELATIONS OF LOCAL DEVELOPMENT OF UKRAINE

Abstract

The article analyzes the financial and managerial relations of local development in Ukraine. It was established that the financial and management relations of local development are an integral part of the public administration of this development. This area is completely unexplored from the point of view of domestic science, at the same time, insufficient financing of local development emphasizes the urgency of this issue. It was determined that the direct institutions of the sector of accumulation of public finances of local development in Ukraine are: 1) Verkhovna Rada of Ukraine (as the subject of approval of the state budget); 2) Cabinet of Ministers of Ukraine; 3) Ministry of Finance of Ukraine; 4) Ministry of Development of Communities and Territories of Ukraine; 5) tax authorities, other state authorities and non-authoritative entities entrusted with the functions of tax, financial and investment support for local development; 6) local self-government bodies (as subjects of development of local budgets and development budgets, subjects of establishment of local taxes and fees, financing of expenditures); 7) local state administrations (as subjects of preparation of relevant budgets, and subjects of financial, economic and investment policy regulation); 8) various subjects of civil society. The activities of subjects of financial management of public finances of local development are divided by the type of "use" of public finances into four conditional sectors: 1) accumulation of public finances; 2) distribution of public finances; 3) use of public finances; 4) control over financial provision of local development. It was determined that the distribution of public finances for local development is largely carried out by local self-government bodies, because it is local self-government bodies that are obliged to pre-evaluate the state of local development of individual territories, taking into account the factors of destabilization of local development financing and indicators of the impact on financial support, and on this basis determine the financial needs of a separate territory. It is proved that in the sector of the use of public finances for local development, local state administrations and local self-government bodies participate as managers (executive entities) of public finances for local development, and territorial communities, as subjects of civil society that are consumers of financial resources.