Natalia V. Parkhomenko

Currently, Russia is undergoing transformational processes that require a revision of the understanding of the nature and role of municipal Finance in the modern economy. The article presents the definitional certainty of the category "municipal Finance", scientific approaches to the structure and composition of municipal Finance, sources of financial resources of the municipality, as well as elements of municipal Finance. It is concluded that the role of municipal Finance in the modern economy is predetermined by the challenges associated with economic instability, budget deficit, on the othe...

The article examines the tools of municipal finance management: monitoring and quality assessment. The main elements of the system of monitoring and evaluation of the quality of municipal finance management, as well as the criteria for its functioning and the procedure for conducting are considered. It is concluded that it is necessary to improve the quality of financial management at the municipal level by improving the monitoring procedure and the methodology for calculating indicators for assessing the quality of municipal finance management in order to inform a wide range of stakeholders w...