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The subject of research is theoretical and practical issues of budgeting as a tool for economic growth in the management of public finances. The aim of the study is to outline the role of the budget in the economic growth. Methods. The paper applied a set of scientific methods and approaches, including systemic, structural, comparative, factorial methods, allowing to implement conceptual integrity of the study. The results. The article reveals the essence of the budget as a tool for economic growth and its functions. The problems and ways to improve the budget. Range of application results. The system of financial regulation, fiscal policy, budget system. Range of application results. The system of financial regulation, fiscal policy, budgetary system. Conclusions. The budget is actively used by the state for economic management. It plays a significant role in enhancing the concentration of funds to key areas of socio-economic development, improving sectoral and territorial structure of the economy, accelerating intensification of production according to the level of society. In this budget in all forms of its manifestation and use serves as a tool for economic growth and provides integrated influence on social production and as a financial instrument and as an economic lever, and as an incentive. Strong financial position - the result of systematic work to ensure a balanced budget, the realism of his figures. Resistance budget increased through the use of qualitative economic forecasts and assumptions underlying the budget planning. This important annual assessment and inventory of existing spending commitments. Value of the effectiveness and efficiency of budget funds should be characterized by the achievement of economic and social impact with minimal amounts of budget funds. This optimization of the budget should not affect the quality and level of public services. The budget expenditures must be focused on creating conditions for the development and modernization of economy, efficiency of government, implementation of the strategic objectives of economic growth in the country, which will enable to increase the level and quality of life. Improving quality of budgeting as a tool for economic growth depends on the level of comprehension of its essence, assess the factors that determine the formation of theoretical justification necessary changes depending on budget architectonics cycling socio-economic processes. However, the effectiveness of the budget as a tool for economic growth characterized by its adaptive capacity to the processes of socio-economic development of society and resistance to negative impacts of external economic conditions. The formation of a balanced, sustainable budget in modern terms transformations contribute to macroeconomic stability, in particular through the development and implementation of a coordinated, prudential fiscal policy.

In the paper the revenues of local budgets and their dependence on intergovernmental transfers during years 2009-2012 were analyzed. The tendency of finding ways to balance spending on social programs with the budget by the public authorities is revealed. It is shown that the transition to target payments to citizens has launched a deep transformation in the system of financing social protection from the state. It is concluded that in Ukraine the budgets of local communities are not fully able to solve the pressing problems of regional development. Five groups of socialization problems of the intergovernmental relations in Ukraine are selected. Areas for further reform of intergovernmental relations for the dynamic social and economic development are designated: increase revenues from sources of local budgets – local taxes, reduction of financial dependence of local budgets from the state budget, increase of volumes of funding, including investments, increase cost efficiency of local budgets, optimization of the State Fund for Regional Development.

The article analyses organisational and economic factors and forms a theoretical and methodical approach to budget management in the system of solving ecological contradictions of development of territorial systems of the national economy. The article justifies improvement of processes of managing budgets, directed at overcoming ecological contradictions, on the basis of conceptual provisions of the budgeting oriented at the result. It develops a scheme-model of the organisational and structural solution of ecological contradictions, with reinforcement of the integration role of the budgeting method, in the system of managing an administrative and territorial unit using example of the Sumy oblast. The offered theoretical and methodical approach to improvement of the budget management in the territorial and economic system allows development of principles of the on trust management in the field of ecological and economic relations and also activation of practical introduction of managerial instruments of consensual solution of ecologically caused conflict situations with application of specialised management-consulting activity. [ABSTRACT FROM AUTHOR]