УДК 336.14 (477)

DOI: https://doi.org/10.36887/2415-8453-2019-3-3

Nataliia Melnychuk
Doctor of Science, Economics, Associate Professor,
Professor of the Department of Finance, Banking and Insurance
of the National Academy of Statistics, Accounting and Auditing

JEL classification: С43; С82; H72

Abstract

Introduction. The question of justification of optimal and efficient methods and tools of effective budgetary management is important when planning and using budget funds. At the same time, world experience does not give universal decisions on its organization and evaluation, since there are inherent budgetary structure and peculiarities of budget system building in each country. There is an urgent need to develop a system of indicators that can be used to assess the budget management effectiveness at the appropriate stage of the budget process.

The purpose of the article is to develop indicators for evaluating the budget management effectiveness in planning and using budget funds on the basis of target and process approaches.

Results. It is substantiated that, despite the importance of building an effective management system in the budgetary sphere, the issue of evaluating the budgetary management effectiveness in the planning and using of budgetary funds has not been properly developed. The list of indicators of budgetary management effectiveness at planning and using of budgetary means is offered and calculated in the context of target and process approaches. The integral performance index of budgetary management was calculated, which made it possible to distinguish the performance zones (critical, lower than average, medium, high). The conceptual and categorical apparatus of the economics theory and financial management has been further developed in order to clarify the meaningful content of the concepts of “target budget management effectiveness”, “process budget management effectiveness”, “overall budget management effectiveness”.

Conclusions. Thus, having conducted the research we were able to distinguish the indicators and, on their basis, to calculate an integral indicator of the budget management effectiveness in the planning and using of budget funds. Such calculations are based on targeted and process approaches, which allowed to determine the efficiency indexes of income planning, achievement of planned expenditures, rhythmic execution of income, the degree of uniformity of expenditures.

Keywords: management system, effectiveness, budget, revenues, budget management, expenditures, planning, budgetary funds.

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The article was received 18.06.2019