Development of the tax potential of the subject of the Russian Federation as a way to ensure the balance of the regional budget

In this paper, the problems of ensuring the balance of regional budgets at the present stage are identified. Using the example of the Novosibirsk region, it was revealed that under the influence of crisis phenomena occurring in the country and the world, the region faced a significant drop in the growth rate of tax revenues of the budget with an increased need to increase spending. In this regard, the aim of the work was to develop directions for the development of the tax potential of the Novosibirsk region to overcome the problems of the budget deficit and ensure the balance of the regional budget. In the course of the study, the following methods were used: collection, analysis, classification, grouping, generalization, comparison. Based on the results obtained, in order to achieve a balanced budget of the region, directions are proposed to strengthen the revenue base of the budget in terms of tax receipts and the development of the tax potential of the region. The calculation of the economic efficiency of the proposed measures is presented.