Assessment of the main directions of the use of the budget of the Krasnodar Territory
According to the Budget Code of the Russian Federation, the budget is a form of education and expenditure of funds intended for financial support of the tasks and functions of the state and local self-government. The budget is also the main financial document, which is drawn up in the form of a law (at the federal and subfederal level) or a legal act (at the municipal level). By its structure, a budget is a plan in which revenues and expenses are defined. The problems of the formation of state funds were initially given special attention and attached great importance. To this day, states are improving the tax system in search of the optimal ratio of income remaining at the disposal of taxpayers and payments received in the budget system. Issues and problems of budget spending authorities and management puzzled relatively recently. This is due to the growing needs of modern states and, at the same time, with limited financial resources. By means of the budget system, the authorities and administrations should not only realize their functions and tasks, but also strive to maximize the efficient use of resources that ensure, first of all, the financing of public goods. Thus, it is important to understand the structure of budget expenditures, the mechanism for allocating centralized resources, and assess the effectiveness of certain expenses.