Estimated financing of budget institutions in the system of treasury service budget

Abstract

Introduction. The problem of budgetary institutions budget financing is the central point of the theory and practice of treasury in Ukraine. As unrestricted access to the State Treasury Service of Ukraine to finance budget institutions negatively affects the competitiveness of budget institutions, so in conditions of minimum financial autonomy of the last ones the investigated problem has become very important.

Purpose. In connection with the widespread scientific pluralism of views the purpose of the article is to analyze the budget financing of budgetary institutions. The clarification of the essence of budget financing and of the definition of the category of "budget financing" as a form of budget financing should be done.  The features of budget financing of budgetary institutions at at the current stage have to be identified.

Method (methodology). For achievement of the purpose of the study the dialectical method of cognition of the essence of the estimated cost of financing institutions as well as the methods of comparison, generalization, systematization and synthesis of the study of the peculiarities of budget financing of budget institutions have been used.

Results. This article deals with essence of theoretical bases of the estimated financing establishments of budgetary sphere. Advantages and disadvantages of budget financing of budget institutions are determined. The article reveals the essence of the estimated financing institutions. It has been considered the dependence of the use of financial resources of budget institutions on the specificity of the budget financing, on the approved procedure and principles of budget finance institutions, and on the scope of powers of the budgetary funds.

The sphere of results’ application are the financial relations of the budget process participants at all its stages in Ukraine.  The budget process participants are the treasury professionals, administrators and recipients of budget financial resources.

Conclusion. Reality of the budget treasury service in Ukraine indicates the excessive dependence of the state budget institutions on the state of financing as the use of financial resources at all stages of the budget process is clearly regulated by budget law. Obviously, the efficiency of financial resources use is possible only in that case if the adjustment of the financial mechanism of the system of treasury services budget will be done.