Analysis of Revenues and Expenses of Local Budgets
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In this paper the current mechanism of local finance regulation is analyzed, and certain ways of its reforming are proposed. The results of this research and its practical applications reflect not only theoretical views, but also solid calculations based on real budget data. On the basis of this data certain scenarios were created to forecast financial consequences of implementation of certain measures including changes in local authorities competence, as well as various revenue sources and mechanisms of inter-budget equalization for municipalities. A certain procedure is proposed in the title to estimate the possible outcome of existing projects on local government reform.
