Abstract
The article describes the theoretical and scientific interpretations of the current features of the mechanism of management of local budget resources in the regions. The formation and effective use of budget resources in the region has been studied. Also, local budgets form the material basis of socio-economic development of the regions. Through them, the budgets of the regions are formed and used. Local budget funds will be directed primarily to expanded reproduction and socio-cultural activities, but at the same time will serve to provide social protection to low-income groups and finance other activities. The ongoing reforms in the financial and budgetary system of the country are aimed at ensuring the effective functioning of the mechanism of management of budgetary resources in the regions and further increasing the capacity of local budgets. However, despite this, the management of regional budget resources today does not meet modern requirements. In particular, there are shortcomings in areas such as the efficient use of regional budgets, the use of advanced methods of their management. However, the management of budget resources in the regions plays an important role in ensuring the rational use of financial resources, and the analysis of the resource potential of the region has a significant impact on tax relations, strengthening the revenue base of the regional budget and its use.