It is investigated in this paper that budget control is a component of public financial control, and treasury control is its integral component. Organization of effective treasury financial control over the completeness of the formation and timeliness of state revenues, as well as the legality and efficiency of the budget funds use is becoming one of the main priorities of modern economic policy. Features of treasury control over the formation and spending of budget funds are revealed. The peculiarity of control performed by the treasury bodies is that it is carried out mainly before and at the stage of operations with budget funds. Thus, when violations of budget legislation are detected by participants of the budget process, the treasury bodies can take measures to prevent violations in the process of forming budget funds, as well as their inappropriate and inefficient use. It is determined that in case of violations of budget legislation by managers and recipients of budget funds the following measures are initiated: warning of improper implementation of budget legislation with the requirement to eliminate violations and suspend operations with budget funds in accounts opened with the Treasury. It is proved that the treasury bodies, carrying out preliminary and current control in the process of servicing budget funds, essentially take precautionary measure against possible abuses and violations in the use of budget funds by managers and recipients of budget funds. It is substantiated that at present in Ukraine in the context of optimization of the budget process and the introduction of medium-term budget planning with the program-target method, it is important to improve control over the budget funds spending. Ensuring transparency of control is also an important problem. Another area of the treasury control development is to ensure the operational management of funds of a single treasury account and further centralization of financial resources on it. The conclusion about the necessity of complex improvement and development of treasury control considering foreign experience is made.
Introduction. Current trends in the growth of demand for public goods at the local level increase the expenditures of local budgets for their financial support. Transformation processes in Ukraine to increase the role of local budgets necessitate a clear distribution of sources of tax revenues between the levels of the budget system in direct proportion to the financing of local budgets and the introduction of an effective mechanism for effective financing of local budgets through ensuring the socio-economic development of regions.The purpose of the research is to substantiate the scientific and practical basis of the role of expenditures of local budgets of Ukraine in ensuring the socio-economic development of regions.Research methods are based on the dialectical method of scientific knowledge and a systematic approach to the study of local budget expenditures of Ukraine in terms of budget decentralization using methods of scientific abstractions and analogies, analysis and synthesis, economic and statistical analysis to study the role of local budget expenditures in ensuring socio-economic development of the regions.Results. The directions of activity of local authorities in the context of regulation of social and economic development of regions are considered and defined. The system of indicators according to which the monitoring of socio-economic development of regions is carried out is researched. Expenditures of local budgets of Ukraine of social orientation and expenditures on economic activity in the context of determining their impact on the socio-economic development of the regions are analyzed. The role of regional target programs as an important means of effective application of program-targeted budgeting is determined. The directions of growth of influence of expenses of local budgets in definition and maintenance of priorities of social and economic development of regions are outlined. Prospects. Further research is important to focus on increasing the efficiency of expenditure of local budgets in the context of ensuring the socio-economic development of the regions.
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