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FUND RAISING OF BUDGET INSTITUTION ACTIVITY
Valeriya Vladimirovna Bykova student, group 02ECz7910
Natalya Aleksandrovna Busuek Ph.D., associate professor
Moscow Finance and Law Academy (MFLA)
Abstract: the article is devoted to the peculiarities of Russian Federation budget institution activity in modern social conditions as exemplified in Moscow region Social Service State Institution “Naro-Fominsk Integrated Social Service Center”. It tells about the principles to organize finance at the Institution. There are rules to use public funds as well as these from business operations.
Key words: public funds, fiscal economy, finance, intended use, budget commitment.
The mail tool to reach the state priorities is budget. It sustains stable economic situation by allocating and accumulating the funds, making optimal conditions for the state activity.
State economic stabilization depends on the provision of actual interest combination at every level, arrangement of optimal fiscal policy mechanism, achievement of full financial quality by all public agencies [5].
Russian Federation fiscal economy is a combination of federal budget, budgets of constituent entities of Russian Federation, local budgets and budgets of state non-budget fund based on economic relations and Russian Federation state system, regulated by rules of law.
We are going to analyze the peculiarities of Russian Federation fiscal system activity in modern social conditions as exemplified in Moscow region Social Service State Institution “Naro-Fominsk Integrated Social Service Center”.
Moscow region Social Service State Institution “Naro-Fominsk Integrated Social Service Center” is an entrusted subdivision of Ministry of the Social Protection for the Public of Moscow region.
Social service of the citizens of Naro-Fominsk region is the main aim of the subdivision activity.
Finance arrangement of Moscow region Social Service State Institution “Naro-Fominsk Integrated Social Service Center” is based on the following main principles:
- planned use of allocated funds as well as earned. [3]
When using the funds Moscow region Social Service State Institution “Naro-Fominsk Integrated Social Service Center” should strictly stick to the purposes the funds were allocated for.
- strict division of personally earned funds and public funding. There are separate banking accounts for both types of funds, the recording and costs estimation are separate for each group.
- budget immunities. Charge for budget funds is possible due to the act of court:
- refund to a legal entity or a natural person if caused by the illegal actions of office holders from state agencies or by the very state agencies,
- refund of insufficient budgeting.
When getting budgeting funds Moscow region Social Service State Institution “Naro-Fominsk Integrated Social Service Center” is entitled to:
1) have and use budgeting funds in time,
2) have compensation in the amount of insufficient budgeting funds,
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