BUDGET DEFICIT OF THE MUNICIPALITY AND METODS OF COMBATING WITH HIM
The balance of local budgets is ensured by local governments, they fulfill budgetary and debt obligations of municipalities. Expenditure of budget funds aimed at solving urgent issues facing the Executive authorities of the municipality, namely the solution of socio-economic problems, ensuring an adequate standard of living and improving socio-economic development. In most cases, the municipalities of the Russian Federation have a budget deficit. The subject of the research is the budget of the municipal formation of the Vladivostok city district for the period 2014-2016. The purpose of writing the article is to reveal the results of execution of the budget of the city of Vladivostok, the study of the sources of covering the deficit and the development of additional measures to reduce the deficit of the local budget. Evaluation of the effectiveness of the municipal Finance management helps to determine the outcome of the budget execution received by the municipal education in the reporting year result of fulfilling their obligations to the authorities. The article analyzes the dynamics of the budget performance of the Vladivostok city district for the period 2014-2016. During the analysis of the budget of the Vladivostok city district, the presence of a budget deficit revealed. It is also established the use of which sources of coverage of the budget deficit is used by the Vladivostok city administration in the prescribed periods. The study of methods of reducing the budget deficit, which are most often used to cover the deficit by municipalities, and priority methods of reducing the budget deficit, used in the Vladivostok city district. Due to the study of the budget deficit and sources to cover the budget deficit of the city of Vladivostok, additional measures proposed to resolve the problem of reducing the deficit.