Analysis of developing the St. Petersburg budget from 2020 to 2023
DOI:
https://doi.org/10.47451/tss2024-05-02Keywords:
city budget, St. Petersburg, formation of budget funds,, expenditure of budget fundsAbstract
The relevance of the work lies in the fact that each subject, as part of the entire Russian Federation, has its budget. This budget is intended to fulfil the entity’s expenditure obligations. The federal city budget was chosen to study the process of forming and distributing funds in this region. The study object was the St. Petersburg budget, the formation and expenditure of funds in this region, like the current state of the budget (its deficit or surplus). The study subject was indicators reflecting the amount of budget revenues and expenditures, like sources of income and expenditure directions of the specified budget. The study aimed to study the revenues and expenditure indicators of the St. Petersburg budget to analyse the formation of budget funds and the direction of their expenditure. The study methods used in this work include specific legal, comparative legal, logical, system-structural, analysis, synthesis and other methods of generalising scientific material and practical experience. This topic was raised by such scientists as O.G. Arkadieva, N.V. Morozova, E.I. Mayorova, and E.Y. Gracheva. The author concludes that when forming the St. Petersburg budget, many factors affecting the economy are considered, including the amount of income for the planned period. The city’s budget is built with a deficit. It is done for the most efficient use of funds. In addition, the approved income and expenses do not match the actual value for the reporting period. The analysis of the budget of St. Petersburg for the past financial reporting period helps to identify and develop the most accurate draft city budget for the next reporting period.
Downloads
References
Arkadieva, O. G., & Berezina, N. V. (2023). The budget and the budgetary system of the Russian Federation: Textbook. Moscow. (In Russ.)
Gracheva, E. Y., & Sokolova, E. D. (2021). Financial Law: Textbook for secondary vocational education (5th ed.). Moscow. (In Russ.)
Mayorova, E. I., & Khrolenkova, L. V. (2020). Financial law: Textbook (4th ed.). Moscow. (In Russian)
On the Approval of the Main Directions of St. Petersburg’s Debt Policy for 2020 and the Planning Period of 2021 and 2022. Resolution of the St. Petersburg Government No. 764, dated November 1, 2019. (In Russ.)
On the Approval of the Main Directions of St. Petersburg’s Debt Policy for 2021 and the Planning Period of 2022 and 2023. Resolution of the St. Petersburg Government No. 1029, dated December 3, 2020. (In Russ.)
On the Execution of the St. Petersburg Budget for 2021. The Law of St. Petersburg No. 407-55, dated June 30, 2022. (In Russ.)
On the St. Petersburg Budget for 2021 and the Planning Period of 2022 and 2023. The Law of St. Petersburg No. 549-114, dated November 25, 2020. (In Russ.)
On the St. Petersburg Budget for 2022 and the Planning Period of 2023 and 2024. The Law of St. Petersburg No. 625-100, dated November 10, 2022. (In Russ.)
Sabitova, N. M. (2013). Organisational principles of the Russian Federation budget system. Finance and Credit, 2, 2-7. (In Russ.)
The Budget Code of the Russian Federation. Federal Law No.145-FZ, dated July 31, 1998. (In Russ.)
Published
Issue
Section
License
Copyright (c) 2025 Tuculart Student Scientific
This work is licensed under a Creative Commons Attribution 4.0 International License.
The “Tuculart Student Scientific” is an open access journal. Articles are available free of charge as PDF files on the website of the European Institute for Innovation Development. PDF files can be previewed with Acrobat Reader from www.adobe.com.
All articles of the “Tuculart Student Scientific” are published under a Creative Commons Attribution 4.0 Generic (CC BY 4.0) International license.
According to the Creative Commons Attribution 4.0 Generic (CC BY 4.0) International license, the users are free to Share — copy and redistribute the material in any medium or format for any purpose, even commercially (the licensor cannot revoke these freedoms as long as you follow the license terms).
Under the following terms:
- Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
