Management of financial stability of the revenue base of regional budgets: theoretical and methods

In recent years, the financial situation in the territories is characterized by the growth of negative phenomena. The reasons for this, on the one hand, consist in the development of economic crisis in the country, general macroeconomic uncertainty, and a high degree of dependence of budget revenues on the key source of their revenue. On the other hand, the budgetary policy of the federal center carried out in relation to the regions exacerbates the budget crisis in the territories. This impedes the solution of socio-economic development problems and implementation of a full range of expenditure obligations of public authorities. The establishment of a solid financial base in the country is impossible without ensuring the financial sustainability of the revenue base of regional budgets. It can be achieved through the expansion of financial autonomy, increase of the solvency of the territory, development of revenue potential and promotion of effective interaction between regions and the federal center. Deepening the theoretical and methodological aspects of management of financial stability of the revenue base of regional budgets helps to extend the vision of the system of public finances and improve the efficiency of implementing the measures necessary for their solution on the part of public authorities. The information basis for this can be the results of evaluation of financial stability of the revenue base of regional budgets, involving the assessment of the effectiveness of its management taking into account the influence of budgetary threats on the stable replenishment of the budget.