SYSTEM OF BUDGET MANAGEMENT AT THE LOCAL LEVEL IN UKRAINE

The article examines the theoretical aspects of budget management, defines its place and role in implementing effective management at the local level, and also suggests directions for improving the budget management system in Ukraine. Problems in the formation of the local finance management system were identified, which are related to the formation of the local finance management system. The elements of the budget management system in Ukraine are studied, in particular, budget planning, budget execution, budget accounting, budget reporting, control over the execution of budgets at all levels, and the relationship between them is characterized. Factors affecting the effective functioning of the budget management system are considered. These include: planning, implementation, financial control of local budgets and public involvement in the budget process. The authors proposed evaluating the effectiveness of budget management at the local level using the integral method. With the help of integrated assessment indicators, it is possible to determine the effectiveness of budget management of a separate region, taking into account the balance of indicators of the formation and use of local budget funds. On the basis of the conducted research, measures are proposed to improve budget management at the local level, in particular, providing access to information about budget processes, involving the public in the process of budget planning and monitoring, providing support in the development of qualified specialists in the field of budget management, using information and communication technologies for automation of the budget process, development and implementation of strategic plans for the development of local communities, strengthening of financial control and audit mechanisms for the use of budget funds, and encouraging the exchange of experience between local communities and higher authorities. Introduction. Stimulating the improvement of the quality of local finance management in the current conditions in Ukraine is a very urgent task. Only when the completeness and effectiveness of information disclosure at all levels of the budget system is achieved, and an operational system of «checks and balances» combining both coercive and incentive elements is in place, can the efficiency of public resources be improved with consistent decentralization of public and local finance management functions. The need for regular monitoring of the state and management of public finances is actualized both in connection with the need to improve the efficiency of intergovernmental relations and in connection with the promotion of budget reform to the local level. Objective. The purpose of the article is to identify the problems of inefficiency of the budget management system at the local level in Ukraine and to develop directions for its reform in the context of organizational and regulatory support. Materials and Methods. The information and methodological basis of the study is legislative and regulatory acts, scientific and applied works of scientists and specialists, which revealed theoretical and practical aspects of budget management. The study used general scientific methods of systematic approach, analysis and synthesis to determine the essence and model of budget management.