Budget Expenditure Management in Ensuring the Economic Security of a Municipality: Assessing Prospects and Minimizing Risks

In modern conditions of reforming the system of local self-government and the budgetary process in the municipality, a timely analysis of the budget sustainability of the municipality becomes relevant, the results of which will determine the possibilities of its further socio-economic development, the quality of budget planning and forecasting, as well as the effectiveness of the process of regulation and control of local budget expenditures. .

The level of well-being of the resident population of the municipality largely depends on how well the process of managing municipal budget expenditures is organized. However, in the context of a limited amount of revenues and constantly growing needs of municipalities, transparency and efficiency of spending budget funds are of particular importance, which directly affects the living standards of the population, therefore, at present, one of the strategic objectives of the budgetary policy of the municipality is to increase the efficiency of spending budget funds while optimizing their distribution and ensuring the high quality of the services provided.