Effectiveness of public finance in the region: conditions and factors

Based on the results of the analysis of the structure of tax and non-tax revenues of the consolidated budgets of the regions of the Volga Federal District and the Sverdlovsk Region, features (conditions) inherent in regions with high performance of public finances were identified. It has been established that in the constituent entities of the Russian Federation with a relatively high level of efficiency in the use of public finances, there is a higher level of budgetary provision and specific gross value added. It is concluded that it is necessary to stimulate production and entrepreneurial activity in the regions in order to increase the contribution of tax revenues from organizations as a key factor in creating the necessary conditions for increasing the effectiveness of public finances, assessed in relation to the achievement of final indicators of socio-economic development of the territories.