Approaches To Developing Methodology For Typologizing Regional Budgets By Level Of Subsidization

Table 3: Groups and indicators for a comprehensive assessment of the fiscal and financial and economic state of the subsidized region

Indicator	Calculation formula	Normative values
Group 1 – level of subsidization
Subsidization coefficient	$C_{s} = \frac{{V D}_{i}}{{O R}_{i}}$ VDi – volume of subsidies granted of i-region ORi – own revenues of i-region	Moderate – 0.1–0.25Unsatisfactory – 0.25–0.4Crisis – >0.4
Subsidization per capita	$S_{s} = \frac{{V D}_{i}}{{P S}_{i}}$ PSi – population size of i-region	The higher the value, the higher the dependence of the cost of public services to the population of the region on subsidies
Group 2 – budgetary sustainability
Degree of balance coefficient	$C_{b} = \frac{E_{i}}{R_{i}}$ Ei – expenditures of i-region;Ri – revenues of i-region	<1
Share of the regional budget deficit in tax and non-tax revenues	$B D = \frac{{E_{i} - R}_{i}}{R_{i} - {G A}_{i}}$ GAi – grant assistance to i-region	0.1–0.15
Financial dependence coefficient	$C_{f d} = \frac{{G A}_{i}}{R_{i}}$	The higher the value, the higher the financial dependence
Group 3 – debt burden
Coefficient of the ratio of the region's public debt to tax and non-tax revenues	$C_{p d / r} = \frac{{{V D}_{i} - V C}_{i}}{R_{i} - {G A}_{i}}$ VDi – volume of public debt of i-region;VCi – volume of budget credits of i-region	<0.5 – moderate0.5–1 – crisis
Level of debt burden	$D B = \frac{{P D}_{i}}{R_{i} - {G A}_{i}}$	Moderate – 0.3–0.5Unsatisfactory – 0.5–0.8Crisis – >0.8
Group 4 – focus of the budget
Share of social expenditures in the regional budget Доля соц расходов в региональном бюджете	$S E = \frac{{H E}_{i} + {S P E}_{i} + {E E}_{i}}{E_{i}}$ HEi – health expenditures of i-region;SPEi – social policy expenditures of i-region;EEi – educational expenditures of i-region;	The higher the value, the higher the role of subsidies in the social security of the region
Group 5 – influence of the budget on the regional economy
Share of regional (tax and non-tax) revenues in GRP	${R R}_{g r p} = \frac{{P I T}_{i} + {C I T}_{i} + {P T}_{i} + {N R}_{i}}{{G R P}_{i}}$ PITi – personal income tax of i-region;CITi – corporate income tax of i-region;PTi – property taxes of i-region;NRi – non-tax revenues of i-region;GRPi – gross regional product of i-region;	The higher the value, the lower the financial stability in the region
Per capita budget financing coefficient	$C_{b f} = \frac{E_{i}}{{P S}_{i}}$	The higher the value, the higher the provision of the regional population with budgetary funds
Final summary indicator	$\bar{F S I} = \sqrt[n]{\prod_{i = 1}^{n} Х_{i}}$	Moderate – 0.2–0.3Unsatisfactory – 0.3–0.4Crisis – >0.4

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