PROBLEMS OF SOCIO-ECONOMIC DEVELOPMENT SUBSIDIZED REGION
This article reveals the possibilities of development of the region, taking into account the state of its main financial plan - the regional budget. The example of one of the most highly subsidized subjects of the Central Federal district shows how budget indicators illustrate the region's opportunities for socio-economic development. The paper defines that goal setting allows the best use of available resources. The goals of socio-economic development can be varied, but in any case, financial resources must support their achievement, which means that the main financial plan-budget can show the possibilities of socio-economic development of the territory. The analysis has shown that the adoption of a regional budget with a surplus on the one hand reduces the risks of budget balance, as it happens at the Federal level, on the other hand, it can hardly be considered justified, since for the regional budget it is rather either an indicator of underfunding of certain expenditures, or poor quality planning. The analysis of the revenue part of the budget showed that the tax burden is mainly imposed on the population. Budget expenditures have a social orientation. However, the budget is actually removed from solving the problems of modernization and diversification of the regional economy, which in the long term could change the vector of innovative development of regional enterprises, bring additional revenue sources and make the budget more independent of the funds of the higher (Federal) budget. It is concluded that sustainable growth of budget revenues can be achieved only based on economic growth, and this in turn requires certain expenditures on the economy.