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Economic Support for the Activities of United Territorial Communities
Sakhno T. A.

Sakhno, Tetiana A. (2020) “Economic Support for the Activities of United Territorial Communities.” Business Inform 1:135–142.
https://doi.org/10.32983/2222-4459-2020-1-135-142

Section: Regional Economy

UDC 332.14:352](477)

Abstract:
The article is concerned with studying the peculiarities of formation of the economic potential of united territorial communities. The article is aimed at defining the essence and exploring the components of economic support for the activities of united territorial communities. Approaches to the economic development of territorial unions and their financial support in terms of local economic development are systematized. The main factors of local economic development are defined. The categories that constitute the economic security of territorial unions, the order of formation of local budgets are disclosed. Changes in the Budget Code of Ukraine, which impact the formation of budgets of the united territorial communities, are determined. A comparative analysis is carried out and the dynamics of the growth of revenues of local budgets of the united territorial communities are trcked on the example of Cherkasy region. Among the obvious categories that can influence the processes of formation of the local budget are the peculiarities of administrative-territorial units. The analysis of individual financial indicators of performance of the budgets of the united communities in the context of the regions of Ukraine is carried out. The main advantages of this method are to determine the degree of financial autonomy of associations. Factors of influence on the financial viability of community are defined. It is found out that the economic autonomy of community depends on the financial resources that form the local budget and the factors influencing its build-up. The economic life support for the united territorial communities is the basis of local economic development and a priority for local governments. Strengthening their financial independence affects the socio-economic development of the region and the State as a whole.

Keywords: united territorial community (UTC), economic support, economic development, local budget, incomes, transfers, financial viability of community.

Tabl.: 2. Bibl.: 11.

Sakhno Tetiana A. – Postgraduate Student, Department of Accounting, Analysis and Taxation, Cherkasy State Technological University (460 Shevchenka Blvd., Cherkasy, 18006, Ukraine)
Email: [email protected]

List of references in article

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Korbutiak, A. H., and Sokrovolska, N. Ya. “Finansuvannia povnovazhen orhaniv mistsevoho samovriaduvannia v umovakh detsentralizatsii“ [Financing the Powers of Local Government in a Decentralized Environment]. Efektyvna ekonomika. 2018. http://www.economy.nayka.com.ua/pdf/11_2018/104.pdf
Miklovda, V. P., Pitiulych, M. I., and Sember, S. V. “Teoretychni pidkhody do formuvannia mekhanizmu ekonomichnoi koordynatsii diialnosti obiednanykh terytorialnykh hromad“ [Theoretical Approaches to the Formation of the Mechanism of Economic Coordination of the United Territorial Communities' Activity]. Sotsialno-ekonomichni problemy suchasnoho periodu Ukrainy. 2018. http://ird.gov.ua/sep/sep20185(133)/sep20185(133)_059_MiklovdaVP,PityulychMI,SemberSV.pdf
“Monitorynh protsesu detsentralizatsii vlady ta reformuvannia mistsevoho samovriaduvannia stanom na 10.12. 2019 r.“ [Monitoring of the Process of Decentralization of Power and Reform of Local Self-Government as of 10.12.2019]. Ministerstvo rozvytku hromad ta terytorii Ukrainy. Kyiv, 2019. https://decentralization.gov.ua/uploads/library/file/506/10.12.2019.pdf
Nezdoimynoha, O. Ye. “Osoblyvosti formuvannia biudzhetu terytorialnoi hromady“ [Peculiarities of Formation of the Budget of the Territorial Community]. Ekonomika i suspilstvo. 2017. http://www.economyandsociety.in.ua/journal/11_ukr/71.pdf
Spasibina, S. V. “Chomu OTH - tse ne v minus? Poiasniuiemo na dosvidi cherkaskykh hromad“ [Why is UTC not Negative? We Explain the Experience of Cherkassy Communities]. Hromadska orhanizatsiia «Cherkaska informatsiina ahentsiia 18000». May, 2019. https://18000.com.ua/strichka-novin/chomu-otg-ce-ne-v-minus-poyasnyuyemo-na-dosvidi-cherkaskix-gromad/
Palchuk, V. E. “Rozvytok ekonomichnoho potentsialu hromad u ramkakh reformy z detsentralizatsii“ [Developing the Economic Potential of Communities through Decentralization Reform]. Ukraina: podii, fakty, komentari. 2018. http://nbuviap.gov.ua/index.php?option=com_content&view=article&id=3646:ekonomichnij-rozvitok-gromad-v-ramkakh-detsentralizatsiji&catid=64&Itemid=376
Patytska, Kh. O. “Osoblyvosti formuvannia finansovo-ekonomichnoho potentsialu terytorialnykh hromad u krainakh YeS“ [Features of the Financial and Economic Potential Formation of Territorial Communities in the EU Countries]. Sotsialno-ekonomichni problemy suchasnoho periodu Ukrainy. 2018. http://ird.gov.ua/sep/sep20184(132)/sep20184(132)_102_PatytskaKh.pdf
“Pokaznyky vykonannia biudzhetiv OTH za 9 misiatsiv 2019 roku u rozrizi oblastei - dani ekspertiv. Analiz biudzhetiv OTH“ [United Territorial Communities Budget Execution Figures for the 9 Months of 2019, Broken Down by Oblasts - Expert Data. Analysis of United Territorial Communities Budgets]. Detsentralizatsiia daie mozhlyvosti. https://decentralization.gov.ua/news/11926
Khrupovych, S. Ye., and Podvirna, T. V. “Finansova spromozhnist biudzhetiv obiednanykh terytorialnykh hromad“ [Financial Capacity of the United Territorial Comminities Budgets]. Ekonomika i suspilstvo. 2017. http://www.economyandsociety.in.ua/journal/13_ukr/209.pdf

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