TRANSFORMATION OF MANAGEMENT APPROACHES IN THE IMPLEMENTATION OF FINANCIAL AND ECONOMIC INDEPENDENCE OF TERRITORIAL COMMUNITIES WITH REGARD TO SOCIAL SECURITY

Abstract

The study is devoted to the theoretical and applied substantiation of the management of
financial and economic self-sufficiency of communities as a basic factor in the development of regional
systems. Particular attention is paid to the transformation of local finances in the context of fiscal
decentralization and the assessment of the institutional capabilities of municipalities to independently
generate internal resources. Taking into account modern security challenges, the specifics of the
functioning of local budgets during periods of macroeconomic shocks are updated and the potential of
territorial communities in ensuring the overall economic stability of regions is determined.
The structural and functional elements of state regulation and local administration are analyzed, in
particular, the current regulatory imperatives, the architecture of intergovernmental relations and instruments for
stimulating investment activity in the localities, which together form the conditions for achieving fiscal autonomy.
The integration links between financial capital, municipal assets and human potential of territories have been
investigated, which serve as the basis for the development of parity dialogue between public authorities, local
business entities and consolidated civil society institutions.
The study identified key barriers limiting the self-sufficiency of communities, in particular the
chronic imbalance between expenditures and own revenues, high subvention dependence and
deepening interregional differentiation. It is substantiated that destructive factors reduce the sustainability
of local budgets, worsen the state of infrastructure and limit the ability of authorities to provide quality
public services. In the context of modern security challenges and limited resources, such fiscal barriers
critically limit the ability of territorial communities to independently finance the restoration of infrastructure
and guarantee quality public services.
Management approaches to modernizing the mechanisms for managing the financial selfsufficiency of ATCs through revenue optimization, development of intermunicipal cooperation and
attraction of private capital to critical infrastructure are proposed. The priority of strategic planning based
on accurate economic calculations is emphasized, which is a prerequisite for overcoming spatial
disparities and forming a balanced system of governance in Ukraine.