Consolidated budgets of the Ural Federal District regions: Comparative assessment and development trends

Abstract

Subject. This article discusses the issues of budget reform and changes in the regional budgets of the subjects of the Ural Federal District. Objectives. The article aims to assess changes in the regional budgets of the subjects of the Ural Federal District for the period from 2000 to 2022. Methods. For the study, we used a statistical analysis. Results. The article finds that the percentage of the Ural Federal District regions in the total revenues of the consolidated budgets of the constituent entities of the Russian Federation gets decreasing, while a significant increase in the percentage of non-repayable receipts is recorded in the revenue part of the budgets under study. Conclusions. It is necessary to develop measures to improve the independence of regional budgets, especially in the context of constant external and internal economic changes. This requires adjusting the budget strategy of the Russian Federation in order to ensure the stable financial development of territorial systems.