On the issue of proprietary title to the local budget in the Russian Federation
The article is devoted to some problems and specificities of financial independence of the budgets of municipal entities in the modern Russia. The author evaluates the definition of local budget as a legal category, and it should be noted that the legislation provides the legal characteristics of the local budget from the standpoint of proprietary titles. However, while budget property law is being accepted by the legal practice quite actively, the modern theory of Russian budget law pays almost no attention to the proprietary titles to the budgetary funds. No provision of the Budget Code of the Russian Federation directly states that budget funds are a type of property belonging to the Russian Federation, constituent subjects of the Russian Federation and municipal self-government. While Art. 15 of the Budget Code of the Russian Federation points to the presence of the budget for every municipal entity, nevertheless, the definition of the municipal entity budget is not defined by the legislator, it is just stated that these budgets are meant for the municipal entities to perform the expenditures obligations delegated to it.