Pshennikova Ekaterina Ivanovna Biography

In accordance with the goal, the following tasks were solved in the work. The place and role of the medium -term financial plan in the budget process are determined. In modern economic conditions, the need for the development and implementation of new technologies for strategic financial planning for the development of the territory, linked to strategic planning for their socio-economic growth, is obvious.

The medium -term financial plan is a set of indicators that reflect the forecast capabilities of the territory to mobilize income, attract state or municipal borrowing and financing its main expenses for the coming years. The medium -term financial plan ensures the linking of the economic indicators of the development of the territory presented in the Forecast of the SIR and the consolidated balance of financial resources, and budgetary, reflected in the budget of the territory for the next financial year.

The degree of freedom in the development of the medium -term financial plan at the level of the subject of the Federation depends on the level of decentralization of public finance and the system of inter -budget relations, that is, the model of budget federalism affects the functions of the financial plan, the structure of its indicators. A prerequisite for the qualitative planning of the expenditure part of the plan is the clarity and stability of the delimitation of expenditure powers between the authorities of different levels.

A set of indicators for balancing the revenue and expenditure parts of the plan depends on the method of dividing revenues between budgets of various levels of budget system. The existing theories and models of medium -term financial planning have been studied and generalized, an analysis of the possibility of using these models in Russian budget practice was carried out.

The medium -term financial plan can perform several functions. The most important of them are: - a tool for early detection of the consequences of current financial decisions The forecast of the consequences of current fiscal decisions; - a landmark for the development of a medium -term strategy for the development of the territory of the development of budget and tax policy; - The basis for a sliding budget.

There are two main approaches to the preparation of the medium -term financial plan: - planning by "limits"; - "Growth budget planning." The choice of specific approaches to medium -term financial planning is determined by its tasks formulated in determining the financial strategy of the state or a separate territorial unit. When forecasting the revenue of the medium-term financial plan, economic and mathematical models are widely used.

Planning the expenditure part of the plan is based on a software-target approach. The procedures for compiling a medium -term financial plan and its role in the budget process in different countries are very different. It is practically not possible to propose a single approach to the process of developing the medium -term financial plan. A number of factors have been identified that affect the content and structure of indicators of the medium -term financial plan, methods of its compilation and functions in the budget process: - model of budget federalism; - Development strategy and budgetary policy of the region; - Features of budget and tax legislation; - traditions of financial planning.

Depending on the share of own income in the total amount of budget revenues, the subjects of the Russian Federation were classified as: - subjects with a high share of their own income; - subsidized subjects; - Highly dottion subjects. The level of security of the region with their own income affects the choice of targeted attitudes of a promising financial plan and its functions. For highly suppression regions, the financial plan performs the function of early detection of a lack of funds for financing; minimally necessary expenses.

The purpose of the development of the plan is to implement a strategy for saving budget funds and reduce the amount of financial assistance from a higher budget in the medium term due to the development of its own tax base. For subsidized regions, the medium -term financial plan performs not only the function of early detection of a lack of funds to finance the minimum necessary and software costs.

Within the framework of the financial plan, calculations of the need for additional financing at the expense of target funds from a higher budget may be made. For regions with a high share of own income, the functions of the medium -term financial plan, depending on the choice of the administration of the region, may change: early detection of a lack of funds to finance expenses, a guideline for the implementation of the medium -term development strategy of the region, the basis for the sliding budget for the next financial year.

Within the framework of the developed approach, a variant of the specification of the parameters of the medium-term financial planning model reflecting the current mechanism of inter-budget relations, the concept of socio-economic development of the region, restrictions dictated by the current budgetary and tax legislation were proposed.The planning of the revenue of the medium-term financial plan is proposed to be carried out according to aggregated indicators using direct account methods and, where it is possible, economic and mathematical models.

Given the characteristics of budget legislation in the expenditure part of the PFP, it is proposed to allocate current and capital costs. The introduction of a program-targeted approach to planning leads to the fact that in the expenditure part of the PFP it is necessary to allocate the minimum necessary expenses, the software part and other expenses. The choice of balancing variables of the medium -term financial plan is made depending on the security of the budget of the constituent entity of the Federation with its own income.

In order to improve the quality of the medium -term financial plan, as well as a decrease in the degree of uncertainty of the process of the territory, it is proposed to develop a financial plan in three versions: the main, scarce and surplus. Thus, in the event of a deviation of the actual situation from the planned, the governing bodies will have a guide to action in this situation.

In connection with the instability of budget and tax legislation, problems arise with the accumulation of the necessary information over a number of years in terms of revenue and expenditure indicators of budgets and its use. However, in general, the process of developing the medium -term financial plan is provided with the necessary information. Based on the developed methodological approach, a critical analysis of the practical experience of developing the medium -term financial plan in the Leningrad Region was carried out, monitoring the implementation of the promising financial plan and its impact on the effectiveness of the budget process in the Leningrad Region.

The budget system of the Leningrad Region is built in accordance with the requirements of budget and tax legislation. In the region, the need for transition to medium -term planning is recognized, as well as the starting point for developing a promising financial plan - software -oriented tasks requiring solutions formulated and worked out. In the regional law of the Leningrad Region on the budget process, the promising financial plan is assigned to the documents, on the basis of which the draft regional budget is drawn up.

A feature of the promising financial plan of the Leningrad Region is that it is drawn up in the Leningrad Region in the Leningrad Region, that is, the revenue of the financial plan is the aggregated indicators of the consolidated budget of the Leningrad Region, the expenditure part of the plan reflects the main directions of the expenditure of budgetary funds of the regional budget and budgets of 29 municipalities.

Based on the studies conducted in the work, the following results and conclusions were obtained. On the basis of a comprehensive analysis of planned documents developed at the level of the subject of the Federation, the place of a promising financial plan in the system of planned documents1 is identified. Direct and feedback and its role in improving the budget process were identified.

Medium -term financial planning allows you to solve the following problems: - verification of government and legislative decisions for compliance with the medium -term long -term strategy of the state; - ensuring the continuity of the budget process and increasing fiscal discipline; - increased transparency of the budget process; - saving time and other resources spent on the preparation of budget projects.

The medium-term financial plan is a link between the planning and process documents for the medium term and the budget for the next financial year. In the process of budget execution in the current financial year, a change in the growth rate of expenses in certain areas or in proportion to all areas leads to a deviation of the financial plan indicators from the indicators of the forecast of the sir.

Consequently, the adjustment of the prognosis of the sir and the main areas of the budget and nanous policy of the region are required. The features of the Russian model of budget federalism have been revealed, influencing the structure of indicators and functions of the financial plan at the level of the subject of the Federation. Features of the Russian model of budget federalism were allocated as a result of the classification of the existing models of budget federalism of the Soviet, Chinese, American, Canadian and German.

The features of the model of budget federalism in Russia include: unevenness and inconsistency in the implementation of reforms; instability of tax and budget legislation regarding the consolidation of revenue sources in terms of the levels of the budget system and a wide range of joints of joint management of subjects and the federation; unevenness in the distribution of the tax base in the constituent entities of the Federation; The duality of the position of the regions in the system of inter -budget relations.

The conceptual basis for the development of the medium -term financial plan at the level of the subject of the Federation is proposed. In order to increase the reliability of the PFP, it is proposed to make changes to the article BC, setting out paragraph 5 in the following version: 5.A promising financial plan is quarterly adjusted taking into account the performance indicators of the PFP, an updated medium forecast of socio-economic development of the Russian Federation, a constituent entity of the Russian Federation, a municipality, an updated budget for the current financial year.

” Recommendations are proposed to improve the existing practice of financial planning in the Leningrad region. Monitoring of the PFP of the Leningrad Region showed that planning budget indicators in the Leningrad Region is not at a high level. To develop a PFP, it is necessary either to attract highly qualified specialists, or the creation of a separate department that would only engage in this type of activity.

Significant deviations of planned indicators from actual, as a rule, are caused by changes in the federal tax and budget legislation, the strong influence of external factors. It is obvious to change the set of indicators according to which the former financial plan of the Leningrad region is formed. In order for the promising financial plan in the Leningrad Region to become an effective document, it is necessary to either develop it “from below”, that is, taking into account the main directions of strategic development of municipalities, or to oblige local governments to observe the structure of expenses in their budgets according to the PFP, which contradicts the legislation, or develop a promising financial plan only according to the indicators of the regional budget.

Based on the study, the following recommendations can be made to improve the process through promising financial planning in the Leningrad Region: 1. Detail the structure of the expenditure of the PFP. In the Leningrad Region, when developing a draft budget for the current financial year, a program-targeted approach to the distribution of budget expenditures is widely used.

Moreover, within the framework of the PFP, it is necessary to distinguish the software part of expenses within each industry according to the functional classification. This will increase the validity of the distribution of financial resources between industries, and increase the transparency of the planning procedure. It is also necessary to more detailed to reflect capital expenses in the PFP - in the context of industries and with the allocation of the software part.

Improve cost assessment methods. Obviously, when developing a promising financial plan in the Leningrad Region, it is necessary to strengthen the program-targeted approach to planning expenses in the industry. Include a program of internal and external borrowings in the PFP with a separate unit. The introduction of a separate unit of the indicators of the PFP program of internal and external borrowings will contribute to the adaptation of the PFP to changing conditions in the execution of the current budget, to create a prerequisite for the scenario analysis of the development of the region.

In addition, the introduction of this unit will increase the accuracy of medium -term planning of the cost of servicing the debt, as well as reflect changes in the debt load on the budget in the medium term. To develop a PFP in several versions in accordance with scenarios of economic development of the Leningrad region. PFP, developed in several versions, is, first of all, a way to reduce the uncertainty of the budget execution process.

In addition, this measure will lead to a decrease in the cost of developing an annual budget. Finally, this change will adapt the PFP to indicators of socio-economic development, as well as to indicators of the current budget execution. Improve the quality of planning for the profitable part of the PFP. The idea of ​​a PFP is undermined by a systematic underestimation of the revenue part of the budget.

The condition for improving the quality of planning of the revenue of the PFP is the stability of intergovernmental relations and tax legislation. Increase the status of PFP. In order for the PFP to really become a document on which the development of the budget draft for the next financial year is based, it is necessary to include it in the list of documents drawn up simultaneously with the draft budget and submitted to the legislative authorities.

Create a separate department of the sector in the finance committee engaged; The development of PFP, an analysis of its implementation and making changes to it. This measure will improve the quality of PFP study. In addition, coordination of the PFP development process, making changes in it during the year, assessment of the quality of PFP development will require additional time.

Therefore, it is necessary to highlight specialists for whom this will be the main area of ​​activity. To coordinate the PFP at the development stage with municipalities of the Leningrad region. The coordination of PFP with municipalities is ideally included by representatives of all municipalities in the working group for the development of PFP will allow you to coordinate the activities of state authorities and local governments to implement the development strategy of the region.Otherwise, the PFP of the Leningrad Region, developed according to the indicators of the consolidated budget, will not be able to become an effective tool for the implementation of the budget and tax policy.

To make accounting for planned and actual indicators of capital expenditures of the budget. The forms of current monthly financial reporting, developed by the Ministry of Finance of the Russian Federation, do not provide for the reflection of planned indicators in the context of the economic classification of budget expenditures. Therefore, it is necessary to establish separate accounting for these indicators, as well as for others, if they need.

It is advisable to make new reporting monthly, since these data will be needed during the financial year when developing the next PFP or amending the existing PFP. Make changes to the PFP more often, once a year quarterly. The second chapter justifies the need to make changes to the PFP in case the economic development of the territory does not correspond to any scenario. In addition to this, it must be taken into account that making amendments to the budget for the current financial year can affect the implemented budget and naval policy, changing strategic goals and objectives.

Therefore, when making amendments to the budget for the current financial year, it is necessary to make appropriate changes to the PFP. List of Literature of the dissertation research, candidate of economic sciences of Pshennikova, Ekaterina Ivanovna, year 1. Regional Law of the Leningrad Region “On the Regional Budget of the Leningrad Region for a year” from the Federal Law “On the Federal Budget for the Year” from the regional law of the Leningrad region “On the regional target program“ Sugar Diabetes ”from the regional law of the Leningrad Region“ On the budget process in the budget process in Leningrad Region ”from the Decree of the Government of the Leningrad Region“ On the promising financial plan of the Leningrad Region for years ”from the Decree of the Government of the Leningrad Region“ On the draft regional law “On the regional target program for the development and support of small business in the Leningrad Region”