Budget funding - is the use of public money capital (on an irrevocable basis), purposes and practices which are different.But the principal amount of funds used and distributed with the help of funding.As a rule, his directions are public facilities.This process is carried out using a variety of sources, among which are the budgetary and extra-budgetary funds, as well as the possibility of economic associations and enterprises.
Budget financing is in a special group, because its source is important and unique, because it serves as the budget.
As for the principles that underpin this process, the main among them are:
1. irrevocably.
2. Intended use of capital.The fact is that each item of expenditure has a specific purpose: wages, stipends, pensions, and other operating costs.
3. Budget funding, which is performed as labor or services.The essence of the principle is that the funds are not in accordance with the annual plan, and after a certain amount of material, but also according to quantitative and qualitative indicators.In anticipation of his life carried out using quarterly or monthly distributions costs.
4. Coordination of financial discipline, respectively.
note that the economic costs in the system of this type of financing occupy a special position due to the fact that the main social and production costs are provided through the use of their own capabilities.If it is necessary to achieve these objectives involved loans taken from commercial banks.They use government funding only in case of special need, which is set by law.
As for the state budgetary sphere, it is also characterized by certain features.All budget organizations aimed at addressing social and social needs arising from the members of the society.
Investment activity is coordinated by the state and can have several directions, one of which is government funding of investment.Its implementation is carried out by using the investment tax credit or the budget and budget allocations.With regard to the budget form of credit, note that it may be provided to a foreign state or entity.This is done either at no charge or on a returnable basis.This loan is granted only to those entities that do not have debt.
should be considered more a shape such as estimate-budget financing.It is based on the individual financial instrument that captures the main target area of funds received, as well as their volume and quarterly distribution.
Thus, cash collateral held almost the entire non-productive sphere (the budget).With regard to the organizations that receive funding according to the way they are referred to the budget.
considering the concept of the estimates, we note that it is carried out in the form of a financial plan, drawn up by an organization or institution that receives funds for expenses that are designed to ensure their implementation.Its main components are the articles that describe the type and purpose of the expenditure.The financing of all types of institutions carried out in three major costs: wages, the cost of this procedure, as well as capital investments.
As a rule, the action is limited to estimates of financial year: it begins on 1 January and ends on 31 December.
