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EFFECTIVE MANAGEMENT OF COMMUNAL PROPERTY OF THE TERRITORIAL COMMUNITY

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 58)

Publication Date:

Authors : ; ; ;

Page : 29-35

Keywords : territorial community; budget; investment passport; local self-government;

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Abstract

The article focuses on such a direction of research as property management of territorial communities. The approach to the management of communal property strengthens the capacity of the territorial community, allows to make the work of local governments more predictable, aimed not only at ensuring social stability, but also at sustainable and balanced development. This contributes to increasing the investment attractiveness of the local community, improving the climate for the creation and development of high quality public services and business in the area. The problems of providing financial resources to the needs of territorial communities, which always attract the attention of politicians, scientists, practitioners and the public, are considered. After all, there are many contradictions in the legal field, characterized by insufficient interaction of local governments with civil society institutions, there is a high level of subsidies for local budgets and so on. The availability of sufficient resources in local budgets is a guarantee that the local community has the opportunity to provide better and more diverse services to residents, implement social and infrastructure projects, create conditions for business development, attract investment capital, develop local development programs and finance other activities to improve living conditions of community residents. Therefore, based on the above, it is possible to state the fact that territorial communities need to implement a system of effective property management. This system can be implemented in various documents, or included in the section of the Territorial Community Development Strategy, or approved as a separate Property Management Program. It was found that one of the important documents for determining the prospects of economic development and attracting potential investors (grantors) to the community is the investment passport of the local community. An investment passport is a comprehensive information marketing document designed for potential investors, which provides a brief description of the area with detailed information about the resources available in the community. The proposed approaches will provide an objective assessment of the state of asset management in the community and develop a realistic program for its further implementation in partner communities.

Last modified: 2022-07-20 18:28:26