Financial Support for the Development of Joint Territorial Communities Cover Image

Financial Support for the Development of Joint Territorial Communities
Financial Support for the Development of Joint Territorial Communities

Author(s): Svitlana Popova, Volodymyr Popov
Subject(s): Economy, National Economy, Micro-Economics, Public Finances, Socio-Economic Research
Published by: Кіровоградський національний технічний університет
Keywords: joint territorial community; financial resources; financial security; local budgets; subsidies; the State Fund for Regional Development; the community's own revenues;

Summary/Abstract: The theoretical bases of research of financial resources and financial support of development of territorial communities are analyzed in the article. The mechanism of their financial support by sources of financial resources is considered. An assessment of current state of the formation of financial and budgetary resources of joint territorial communities and their subsidization was made. The impact on financing of the development of joint territorial communities by the State Fund for Regional Development was analyzed. The basic requirements for the formation of an effective system of financial support for the development of joint territorial communities are formulated.