PROBLEMS OF BUDGET MANAGEMENT ARRANGEMENTS IN THE HOUSING AND COMMUNAL ORGANIZATIONS

Abstract

The subject of the study is the budget management system and its tools implemented in housing and
communal services. The purpose of the article is to analyze the problems of introducing elements of budgeting
and determine the directions for their improvement in the housing and communal services. In the course
of investigations of the conditions of the organizations' activities, evaluation of their information systems and
management control systems, categorical and systemic approaches, comparative and factor analysis, synthesis,
observation, logical generalization are used. The main factors exerting negative impact on the activity of
housing and communal organizations are analyzed. Findings of the analysis of registration and analytical systems
of the housing and communal organizations of Altai Krai allows to draw a conclusion on the lack of continuity
of information and big variability of the managerial decision-making. The reasons of the need for formation
of the budgetary management system for the studied objects meeting the requirements of flexibility,
transparency, relevance, communicativeness and controllability are given. The problems of formation of
budgets are systematized and the basic requirements to their contents and monitoring are defined. The most
important direction of improvement of budgetary management system are mentioned in the article: application
of budgeting based on target indicators of KPI (Key Performance Indicators); allocation of responsibility
centers within operating financial structure and formation of registration and financial policy. Control over the
execution of tasks of the housing and communal organizations management is considered in interrelation with
the suggested system of budgets. The results of the research develop the theory and practice of budget management
in housing and communal organizations. The introduction of suggested directions of budgeting will
improve the effectiveness of management control, the reliability of accounting information and the validity of
decisions