The budgetary device and its features
The budgetary system is the principles of the functioning of the budgetary system, its structural characteristics and the relationship between forms.
Its basis consists of economic relations andlegal norms that determine the main competence of central and local authorities regarding the budgetary process and the relationship between all its types.
Note that the systems of budget andstate system are in direct dependence. If we consider a unitary state, the budget here can be of two levels - state and local. As for the federal, the budgetary system is divided into three parts: the federal budget, the members of the federation and the local one. Note that the types of local forms can also be different, which is due to the administrative-territorial division of the country. Budget - a form of education and use of funds, which is designed to provide all the functions of public authorities. Its correct structure helps in the implementation of a successful financial state policy.
Budget device and budget systemexist in direct dependence on each other. At the heart of any budgetary device lies this system - a set of budgets of individual elements of administrative-territorial division, based on the principle of economic relations and legal norms. As for the components of this system, there are several of them: structure, principles of structure and organization of functioning.
In general, the budgetary system is based on several principles:
1. The types of budgets that are created in a particular state should be divided.
2. The country should clearly regulate the basic principles of building the system.
3. Differences between the links of the budget system should be clearly distinguished.
4. Between these parts, the nature of the relationship must be defined and their forms identified.
If considered in more detail, it should be based on the division of types of budgets that are at different levels.
The budgetary system of the Russian Federation consists of three main links:
1. The federal budget.
2. Budgets, developed by national-state and administrative-territorial units, which are called federal or regional budgets. Among them there are republican, regional, regional, budgets of autonomous units, and also city (for example, Moscow or St. Petersburg).
This system must be one, which can beachieve through implementation of a single socio-economic policy and a set of legal norms, as well as the use of unified classifications and forms of budget documentation. In general, the budgetary system is the activity regulated by the legislation.
In order to understand what it isit is necessary to consider the main features of its components. So, the organization of relations between budgets is based on their directions, types and forms. As for the first feature, according to it there is a division into vertical (carried out between different levels of budgets) and horizontal (one level).
As for the characteristics of the relationship, theyare subdivided into contractual (developed on the basis of agreement between authorities) regulated by the legislation and normative documents.
On forms allocate granting (allocationfunds from the highest levels of the lowest), mutual settlements, withdrawal of funds, as well as budgetary credits (represent a temporary transfer of funds due to the need).