Forecasting Income Receipts Administered by the Federal Penitentiary Service of Russia to the Budgets of the Budgetary System of the Russian Federation from the Point of View of Economic Security

Abstract

The article considers the existing procedure for forecasting revenue receipts administered by the Federal Penitentiary Service of Russia to the budgets of the budget system of the Russian Federation from the point of view of economic security. It is noted that the formation of federal state institutions, in fact, led to the deprivation of the right to independently manage their own financial flows arising within the framework of their economic activities. Therefore, all income received by institutions and bodies of the penal system of the Russian Federation from the production of products, performance of works and provision of services should be planned and transferred to the budget. This, in turn, indicates the relevance of the formation of a unified approach to forecasting budget revenues of the budget system of the Russian Federation for items administered by the Federal Penitentiary Service of Russia, in connection with which the corresponding methodology has been approved. As a recommendation for calculating the forecast values, it is proposed to additionally use the extrapolation method.