Role of State Administration of Expenditures of Local Budgets in Development of the City Complex: Foreign Experience

The article justifies a necessity to improve the mechanism of state administration of expenditures of local budgets with the purpose of achieving social and economic stability, support of development of the city, region and country in general, and efficient functioning of the budget system in Ukraine. The author conducts an analysis of foreign experience of functioning of local budgets. The article studies, in particular, the expenditure policy in the world countries with different levels of economic development. It forms and offers ways of improvement of the mechanism of state administration of expenditures of city budgets in Ukraine on the basis of analysis of foreign experience of countries with the effective existing budget system, namely, real introduction of middle-term budget planning at the local level, gradual reduction of the level of centralisation of local budgets, and improvement of the system of inter-budget relations.