SCIENTIFIC AND THEORETICAL FOUNDATIONS FOR FORMING THE REVENUE BASE OF LOCAL BUDGETS

In this academic article, the socio-economic development of society under conditions of economic modernization is closely linked to the directions of state management of the market economy. In this process, successful state governance depends on the appropriate selection of management methods, tools, internal capabilities of the economy, and its specific features. This indicates that ensuring the execution of local budgets and strengthening their financial stability is a crucial direction in financial strategy. The financial strategy of local budgets is based on linking tax revenues to the financial potential of regions