The budget is a form of education and spending of funds intended to finance the functions of the state and local government. The main sources for the formation of budgetary funds are tax payments. But the regions have practically no influence on the tax policy of the state. The amount of income to their budgets depends entirely on the policy they have adopted in relation to cash receipts.
Instructions
Step 1
It is possible to increase budget revenues by replacing tax incentives with other measures of state support. Sometimes the funds that are exempted from the application of tax incentives are used for other purposes. Because of this, their application does not give the desired effect, and the budget is deprived of additional income. For example, you can substitute investment tax credits or government guarantees for tax credits on investments.
Step 2
As for non-tax revenues, here, first of all, it is necessary to rationally use state property. One of the ways to increase budget revenues can be the provision of land plots with the use of compensation payment schemes. Their application will allow directing additional funds to the budget, as well as create equal conditions for investors engaged in commercial construction.
Step 3
Large reserves in budget revenues can be formed by involving all land plots transferred for construction into the sphere of commercial relations. Currently, this includes only those plots that are transferred for the capital construction of commercial facilities. But along with commercial construction, construction of engineering infrastructure, education, and social security facilities is being carried out. They are not charged rent. The only period during which they can be charged rent payments would be the construction period.
Step 4
Budget revenues can be increased by providing land plots for construction with a tender. As practice shows, the provision of land for commercial construction without a competition leads to significant losses of budget revenues in the form of rent.