Financial and legal regulation of initiative budgeting in the subjects of the Russian Federation
Currently the Russian Federation is actively using the practice of initiative budgeting. The development of the institution of initiative budgeting is one of the priority tasks of the budgetary policy of the Russian Federation. In Russia, for a long period of time, initiative budgeting did not have a separate name, but existed in the form of disparate practices with different names - the people's budget, programs to support local initiatives, initiative budgeting, etc. In the absence of legal regulation at the federal level, Russian regions independently determined the forms of citizen participation in the budgetary process, the procedure for their financial and labor participation in the implementation of projects, as well as other issues. The development of initiative budgeting practices, their increasing role in supporting local budgets and the possibility of municipalities receiving additional interbudgetary transfers allocated for the implementation of projects, showed the demand for this institution and the need for its federal legal regulation. The introduction at the federal level of the concepts of “initiative project” and “initiative payments” into the legislation made it necessary to revise regional regulations in terms of regulating initiative budgeting; regional laws are adopted in the constituent entities of the Russian Federation. The purpose of the work is to show the transformation of regional practices of initiative budgeting and to analyze regional legislation on this issue. Based on the analysis, it was concluded that it is necessary to preserve the various practices of initiative budgeting that have already developed in the regions with the possibility of generalizing their legal regulation in a single normative legal act.