СHANGES IN THE FORMATION OF UKRAINE LOCAL BUDGET INCOME UNDER THE INFLUENCE DECENTRALIZATION

Abstract

This paper analyzed the reforms undertaken by the Ukrainian government in the budget and tax spheres, which were sold for the implementation of the decentralization of financial resources in Ukraine. The author made a comparative analysis of the formation of local revenues during the period of introduction of legislative changes and after their entry into force to assess their impact on the formation of local budgets revenues. In this article estimate role of local budgets Ukraine, their current status and impact of fiscal decentralization on their incomes. After all, local budgets can provide social and economic development of the region and improvement of the use of the financial resources of local authorities. Although the study was found positive changes in the formation of financial resources at the local level, but have also found problems implementing fiscal decentralization in terms of overall economic crisis in Ukraine. Determined that the resolve these issues will increase the powers of local authorities, affecting the revenue base of local budgets, provide not only independence in the financial sector, but also create conditions for the further development of administrative units through and will increase incentives for increasing socio-economic potential and ensure the welfare of communities. In conclusion, the author proposes ways to improve changes, proposed alternative destinations for increase revenue locally. Found that if these problems will be resolved, local budgets will have sufficient funds for realize delegated powers. In this case will not only stop the deepening economic crisis in Ukraine, but also to provide stable gradual way out of it at the level of individual regions and the whole country in general.