The state budget is what is

According to the current legislation, the state budget is a fundamental element of the entire financial system of the country, linking the flow of revenues to the treasury and allocating the accumulated funds to the needs. In the process of redistributing funds between the population and state bodies, budgetary relations arise.

The government creates conditions for accumulating funds coming from individuals and individual enterprises, then distributes the collected resources to budgets of other levels and different funds. In other words, the state budget is a set of relations that develop when the authorities perform their duties. First of all, the resources received are intended to finance the administrative apparatus, the military complex, the provision of the most important branches of management, and the implementation of basic social programs. If we consider the budget from a quantitative point of view, then its size characterizes the financial state of the country, the government's ability to improve the standard of living of the population.

Thus, the state budget is a single fund of resources accumulated at the expense of various sources in order to implement the most important tasks and goals in the country. Relations formed in this case can be divided into three groups:

1. About raising funds (between the government and the population).
2. In occasion of redistribution of the finance (on levels of budgetary system).
3. Concerning the execution of the budget.

With the proper organization of these relations, one can achieve the fundamental goal of balancing on the scale of macroeconomics. The state budget of Russia is presented in three levels: the republican or federal and local budgets, as well as the budget of the subjects of the federation. And the latter is an intermediate link connecting the republican and local levels. At the end of each reporting period, specialists receive a consolidated budget, that is, a document reflecting the receipt and use of funds in the context of individual territorial units.

Incomes to the state budget is a receipt of money resources due to use of various sources. The largest share in the structure of income, of course, is occupied by tax payments and fees. Often, countries with temporary financial difficulties are given loans and loans from other states, then the budget is replenished by external sources. And the expenditure part is made in the context of the main directions of financing of these or those branches.

The state budget and its functions

The most important function can be called a competent distribution of collected funds among the budgets of all levels with subsequent redistribution in the areas of financing the economy. The state bodies face the most difficult task: to dispose of the available amount of resources with the maximum benefit for the population. It is quite difficult for our country to do this, especially in the post-crisis period. Equally important is the control function, which consists in monitoring the activities of certain organizations and spheres that were provided with assistance in the form of subsidies or subventions. The key to the success of the developed plan is the targeted use of funds!