Budget Potential of the Region: Attributive Features and Methods of Assessment

Abstract

Purpose: The purpose of the article is to clarify the attributive features of budget potential of the region and to develop a method for its assessment, which allows to reflect conditions and prospects of development of regional economics and can provide practical support to financial authorities of state bodies. Design/Methodology/Approach: In conditions of systemic transformation of the public sector, the problem of efficient diagnostics of budgetary capacity becomes one of the keys in financial science and practice that determines the significance of development of scientific approaches. Findings: In connection with the urgency of the problem of development of budget potential of the regions, determining prospects of growth of regional budget profit and improvement of financial independence of regions, the article on the basis of determining qualitative and quantitative characteristics of budget potential of the region offers the authors' method of its assessment, which can be used to substantiate real income opportunities of the subject. Practical implications: The proposed methods, which take into account structuring budget potential of the region, is based on the use of the main financial indicators that reflect general trends and prospects of the regional economics, and provide more accurate determination of income opportunities of the subject of the Russian Federation Originality / Value. Assessment of projected budget potential will determine income potential of regions in the process of budget planning. This indicator is an information basis for preparation of budget forecasts and an indicator of effectiveness of budget policy of the region.

Financial potential of united territorial communities: assessment methodology

“…Thus, an algorithm for assessing the indicator of the financial potential of the united territorial communities using the taxonometric method has been developed. The taxonometric method is one of the most effective tools for multilevel analysis, which, as a result of a series of successive stages, provides for the calculation of a generalizing indicator based on comparing actual indicators with the corresponding characteristics of a certain reference indicator [1,2]. This approach is quite justified in the market conditions of management because everyone strives to be successful in all key indicators, outstripping leading competitors [3].…”

Peningkatan performa manajerial melalui budget planning: Literature review

“…Beberapa kajian empiris sebelumnya telah menunjukkan bahwa terdapat banyak anteseden yang dapat memberikan pengaruh pada kinerja manajerial. Beberapa penelitian tersebut seperti penelitian yang dilakukan oleh (Ariesmawati, 2020;Betaubun & Putra, 2019;Eliyana et al, 2019;Fadhilatunnisa et al, 2021;Ho, 2018;Igonina et al, 2019;Kung et al, 2013;Muzakki et al, 2019;Soleman, 2012;Suyadnya et al, 2014). Melihat pada hasil penelitian mereka diketahui bahwa banyak sekali faktor potensial, tetapi ratarata penelitian masa kini telah banyak juga yang memfokuskan pada penganggaran.…”

Differentiation of Russian Regions by the Level of Financial and Investment Development

“…Сложившаяся ситуация, отражая суть структурных изменений, произошедших в России, чревата накоплением рисков излишней концентрации, несущих угрозу торможения общего экономического развития страны. При этом, если отстающим регионам, как правило, оказывается существенная бюджетная поддержка [10], то регионам самого многочисленного кластера (большой середины) пока не созданы условия для финансово-инвестиционного развития. Дилемма «равенство -эффективность» [11; 12] и поиск целесообразного оптимума в контексте распределения регионов по уровню финансово-инвестиционного развития приобретает, таким образом, новый формат.…”