The Slovak Republic as one of the transitive economics had implemented several reforms in the beginning of the 21st century. One of them, perhaps the widest, was the public administration reform, which includes also other partial reforms as public finance reform and tax reform. To complete all...

In article the economic essence of financial independence of local government is considered. The basic problems in system of formation of local budgets in Ukraine are allocated. Practical recommendations concerning increase of level of financial independence and region development are developed.

Considered the essence of local budgets and possible ways of increase of them is considered profitable part in a crisis period. Proposed options for increasing revenues in local budgets.

Securing effi ciency and productivity of the budgetary funds application, the quest for the most optimum methods of managing fi nancial resources, assume great relevance within the framework of the budget reform on the enhancement of the quality of fi nancial activity at educational institutions...