Some problems of the formation of the economic basis of local government
Lack of material resources (finance, property, etc.) of municipalities is one of the main problems of local self-government, since without such resources it is impossible to fully resolve issues of local importance. The concept of "the economic basis of local self-government"in Russian socio-political practice appeared in 1990 in connection with the adoption of the USSR Law "On the General Principles of Local Self-Government and Local Economy in the USSR."At present, the economic basis is a key component of local self-government, ensures its economic independence, and serves to meet the needs of municipalities. The article examines the main legal acts regulating the economy of municipalities. The concept of "local budget"is investigated. Actual problems of local self-government economy are formulated and ways of their solution are proposed.