Changes in the content characteristics of inter-budget transfers

The federal budget policy is aimed at the formation of balanced and shock-resistant regional budgets, which play a key role in the socio-economic development and management of financial independence of territories. In the analysis of the income dynamics of the consolidated budgets of the subjects of the Russian Federation, conducted on the basis of open data of the Ministry of Finance of the Russian Federation, emphasis is placed on the forms and types of gratuitous receipts. Their provision from the federal budget is considered as an instrument of the state’s budget policy, implementing national priority guidelines and influencing the financial behavior of sub-federal governments. The article substantiates the further development of federal transfers related to the clarification of their composition and definitions, the abolition of subventions, the preservation of the original role of subsidies to equalize budget security, the allocation of a consolidated (block) subsidy for the implementation of investment projects and its inclusion in the regional development budget.