Features of the formation of planned indicators of regional budgets in the Russian Federation

Abstract

The budget system of the Russian Federation provides regional subjects with the broadest rights and powers in forming their own budgets for the implementation of long-term plans for their development and improving the living conditions and well-being of the population of each region. In the search for solutions to pressing problems of employment and improving living standards of the population in the regions located away from the capital cities of the center of the Russian Federation, the authors use statistical and logical analysis of the main parameters of the regional budgets for 2021 and the planning period of 2022 and 2023 of Vladimir, Ivanovo and Tver regions. The initial review of these documents gives the impression of a full range of opportunities for a significant breakthrough in the strategic development of the regions. However, a more in-depth and detailed analysis of regional budgets rather indicates a disastrously formal approach to the development of their long-term development plans due to the lack of profitable sources of their financing. The revenue side of regional budgets has smooth lines, smooth gradual development, and the absence of significant changes in the future to improve socio-economic indicators with flourishing poverty and oblivion of the regions. The analysis of expenditure items of regional budgets for the planning period indicates some helplessness of the leadership even in solving urgent problems of living conditions and living standards of the population, postponing their solution to a later date. The relatively low level of living in municipalities and the low standard of living of the population in the regions are associated with the passive attitude of the leadership of the regions in their development.