Analysis of Moscow Region’s budget execution in 2022

Abstract

The relevance of the research topic is determined by the fact that each subject of the Russian Federation has its own budget designed to fulfill the expenditure obligations of the subject of the Russian Federation. The study object is the social relations developing in the field of budgetary legal relations in the Moscow Region. The study subject is the legal norms that consolidate the principles of forming the budget of the subject and budgetary legal relations, just like the study of the Moscow region actual budgets for 2021, 2022, Moscow Region’ budget plan for 2023. The study’s purpose is to research Moscow Region’s budget and compare the budget of 2021, 2022 with the budget plan for 2023. The study’s practical significance is in the formulation of conclusions by the authors. Based on the analysed data from the budget of the Moscow Region, it was concluded that the formation of budget expenditures is based on available funds, that is, income and expenses are closely interrelated. Conducting a comparative description of the budget for 2021 and the current 2022, a significant difference in income and expenditure funds of the executed and designated budget was noted, which indicates significant calculations and unplanned spending of funds from the regional budget. The conclusions, together with the above suggestions and recommendations, can be used in teaching the disciplines of Financial Law to students in the areas of training and specialties of the legal profile.