BUDGET BALANCE AND MANAGING BUDGET EXPENDITURE IN MODERN CONDITIONS
The article considers relevant issues related to improving the level of budget balance and control costs for state budgets in modern conditions. In 2016-2017, the problems in this area has worsened considerably at all levels of the budgetary system of the Russian Federation. The article presents the analysis of a complex of measures on increasing the effectiveness of budget spending in 2014-2016. Measures were aimed at institutional development of the budget system and its methodological support. In this period there was a transition to the preparation and execution of budgets on the basis of state (municipal) programs. New mechanisms for funding infrastructure development of the budget system are created, the unification and systematization of the state (municipal) services, as well as the listing of the underlying (branch) of state and municipal services and works, creation of new funding mechanisms for infrastructure development are implemented. The article is focused on problematic issues to achieve budget balance under economic and financial sanctions. The research is based on the results of a comprehensive analysis of scientific papers and analytical information on the problems of achieving budget balance and improving the efficiency of the organization and methods of budget expenditures management in modern conditions. The authors have accomplished an economic and statistical analysis of data characterizing the state budget of the Russian Federation. The article notes that the implementation of complex of measures on increasing efficiency of budget expenditures in 2016 is currently faced with additional difficulties associated with long-term imbalance of the budget system of the Russian Federation, the absence of sustained economic growth, the tightening economic and financial sanctions, increasing financial risks associated with the volatility of the ruble and the deterioration of foreign trade conditions. The authors determine the features of forming the budget in 2017 and in the period for 2018-2019. They relate to the dynamics of income, expenditure and budget deficit, financing of priority projects. The article proposes measures to achieve more balanced budgets and the efficiency of budget expenditures on the basis of an integrated approach.