Abstract

This article examines the concept of budgetary risk, lays out specific approaches towards assessing risks to the fulfillment of regions’ budgets and minimizing (managing) risks to the budget’s revenue part, provides an assessment of risks to the budgetary system of an RF constituent, and summarizes the reasons behind them and possible ways of minimizing them. Based on data on an RF constituent’s budget fulfillment, the author calculates the level of risk across groups of revenues and expenditures, conducts an analysis of the budgetary entropy of expenditure, and provides a rationale for the need to use budgetary risk indicators in planning out the regional budget reserve fund.

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