Axmadaliyev A’zamjon Abdulvoxidovich
Researcher of the Namangan Institute of Engineering and Technology
Email: aliyora@mail.ru, ORCID: 0000-0001-8981-6708
Abstract. The article discusses the role and significance of a scientifically based and correct interpretation of the categories “methods of budget regulation” and “methods of regulation of local budgets” in the formation of the revenue potential of the region, the essence, the implementation mechanism, the principles of methods of regulation of local budgets in the Republic of Uzbekistan are method of regulation of local budgets in the formation of the revenue potential of the region. It is well known that in the countries of the world in the conditions of budgetary decentralization, the methods of budgetary regulation are of great importance in ensuring the integrated socio-economic development of the regions. Methods of budgetary regulation, aimed at eliminating the imbalance in the level of economic development of the territories and increasing the financial independence of local budgets, are constantly being improved. The Action Strategy for the Development of Five Priority Areas for 2017-2021 defines the task of “ensuring the balance of the State budget at all levels while maintaining the social orientation of spending, improving interbudgetary relations aimed at strengthening the revenue side of local budgets.”Based on the tasks set, arising from the directions of the financial policy of the state and the best world experience, the delimitation of revenue powers and the timely fulfillment of expenditure obligations of local budgets, an objective assessment of the maximum possibility of mobilizing financial resources to local budgets, ensuring the targeting and targeting of local budget expenditures are one of the key issues of budgetary regulation of local budgets. Even more relevant and comprehensive was the task of improving the methods of budgetary regulation in the “Development Strategy of New Uzbekistan for 2022-2026”. The conducted studies on the mechanism of budgetary regulation of local budgets at two of the stages allowed us to draw conclusions about the use of elements of the fan model of budgetary regulation, characterized by the widespread use of methods for fixing regulatory taxes, the use of forms of interbudgetary transfers. This is due to the lack of appropriate motivation and incentives for local government bodies to strengthen their own revenue base of local budgets, the failure to use the mechanism for transferring to local budgets in excess of forecast revenues, and the low share of other local budget revenues.
Key words. local budgets, own revenues, regulating revenues, interbudgetary transfers, balance of local budgets, budgetary regulation, methods of regulating local budgets, potential, income potential of the region.