Financial stimulation of the territorial community development ; Фінансове стимулювання розвитку територіальної громади

Abstract

Problem setting. The success of United Territorial Communities development depends on stimulating their financial capacity. Effective use of local resources, availability of business entities, developed infrastructure is capable of ensuring the successful development of the territorial community. By forming their financial capability, territorial communities become management entities and are given real opportunities to carry out their powers.Highlighting previously unsettled parts of the general problem. The current stage of development of local self-government is characterized by a full understanding of the need for change, provided that the development of territorial communities and the study of their financial capacity. Thus, it is important to pre-calculate its financial capacity, which will assess the benefits and risks of such an association, determine the need to find additional funds and organize expenditures. At the same time, the approaches to the analysis of communities' financial capacity have not been fully explored. Paper main body. The carried out analysis of data of the performance of local government budgets of United Territorial Communities has shown a significant increase in several regions. At the same time, the analysis showed that the rate of growth of own incomes per inhabitant in different regions differs more than twice. This indicates the necessity to find additional opportunities to increase the revenues into the local budgets by attracting businesses to their territories. Successful business development, creation of comfortable working conditions for businesses helps to increase the financial resources, which the community would receive. Important documents that help attract investors are the existence of a strategic plan and a master plan for the development of the territory. The development of the territory planning scheme contains important information for potential investors, as it substantiates the needs of the territorial community and arranges the public, civil and private interests. Another important aspect of meeting the financial needs of the territorial community is the formation of the optimal structure of the expenditure part of the budget. It is vital to carry out a constant analysis of budget expenditures, transparency and publicizing the results of the analysis, which will prevent cases of their irrational spending.Conclusions of the research and prospects for further studies. Thus, when forming a new OTG, it is important to pre-calculate its financial capacity, which will assess the benefits and risks of such an association, determine the need to find additional funds and organize expenditures. This analysis also provides an opportunity to analyze and compare the results of their financial activities with the results of other communities, both in their region and in neighboring one. It will also provide an opportunity to see the strengths and weaknesses of the community, focus efforts on strengthening financial capacity and the rational use of funds to provide quality public services to community residents. The financial and budgetary component determines the degree of decentralization of its powers and influences the socio-economic development of a particular territory. Decentralization of budgetary resources enhances the overall responsibility for increasing the revenues into the local budget for the benefit of the local territorial community. Therefore, the formation of the financial capacity of territorial communities is an important task of our time and the search for opportunities to intensify this process is an important question of future research. ; Розглянуто питання фінансового стимулювання розвитку об'єднаних територіальних громад (далі – ОТГ) в умовах продовження реформи децентралізації. Показано роль фінансово-бюджетної складової децентралізації управління на місцевому рівні. Проаналізовано окремі показники виконання місцевих бюджетів об'єднаних територіальних громад в усіх областях України. Сформовано умови ефективного виконання власних та делегованих повноважень органами місцевого самоврядування. Показано шляхи реалізації інвестиційних можливостей шляхом використання як фінансових, так і природних та людських місцевих ресурсів.