STRUCTURAL STRUCTURE OF LOCAL BUDGET EXPENSES AND THEIR MANAGEMENT

Аннотация

As we all know, special attention is paid to local budget issues in our country. Large- scale work is being carried out. This article also provides information on the structural structure oflocal budget expenditures and theirmanagement. Keywords:Republic, economy, instrument, budget, territory, property, funds, state, person, social, village, water, gas, education, politics, city, psychology, society, information, network, housing, youth. First of all, let's dwell onthe concept of a local budget.A local budget is a set of financial resources formed and spent at the level of a certain territory. The local budget is a component of the state budget and is managed by local authorities. The local budget has the following main tasks. Theseare: 1.Ensuring regional socio-economicdevelopment. 2.Providingsocial services to thepopulation. 3.Developing and maintaininglocal infrastructure. 4.Implementing statepolicy inthelocalities. The local budget has several areas. They are manifested in some areas. For example, in the social sphere. The education system, the healthcare system. In the utility sector, it is embodied in theareas of electricity, drinking water, and gas supply. Themain areas of thelocal budget: 1.Socialsphere expenses; 2.Utility and infrastructureexpenses; 3.Local government expenses; 4.Security and lawand order; 5.Environmental protection; 6.Agriculture and economicdevelopment: page277 INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE ISSN:2692-5206,ImpactFactor:12,23 AmericanAcademicpublishers,volume05,issue04,2025 Journal: https://www.academicpublishers.org/journals/index.php/ijai In our republic, a number of works have been carried out in recent years to develop, improve and increase financial independence of the local budget system. First of all, the financial independence of local budgets has been increased. The revenue base of local budgets has been expanded. Some taxes, for example, income tax from individuals, will remain in the local budget. District and city budgets have gained the right to independently manage their resources. In order to ensure openness and transparency, information on the state budget and local budgets will be published in open sources. For example, through openbudget.uz. The "Citizens' Budget" system has been introduced. The population can make their own proposals on how budget funds will be spent. The role of local councils has been strengthened. They have gained the authority to approve, monitor and analyze the budget.The obligation of governors to report on how they use the budget has been introduced.Systematic work has been carried out to ensure a fair distribution of tax revenues in the regions. To increase the revenues of local budgets, the calculation of land and property taxes was automated. Each region began to form a budget based on its economic capabilities. As a result of this work, competition between regions increased. Local budget expenditure management is primarily a set of processes for planning, distributing, targeted spending and controlling funds. This process is carried out on the basis of clear procedures and rules established bylaw. 1.Planning(budget preparation) Every year, local authorities draw up a budget expenditure plan for the next year. Needs are analyzed in such areas as education, healthcare, transport, utilities, and social protection. Based onthisinformation, financial authorities develop aspending plan. 2.Approval The drawn up local budget draft is reviewed and approved by the local Kengash. If necessary, amendments may bemade to thebudget draft. 3.Allocation ofbudget funds Finance departments allocate the specified funds to each organization, institution and project based on the approved budget. The distribution takes into account the principles of priority, efficiency and expediency. 4.Execution Expenditures are made in accordance with the goals set out in the budget. Organizations are obliged to spend financial resources in thespecified areas and within thespecified deadlines. 5.Accounting and financial reporting All expenses are recorded in accounting. Financial authorities and interested organizations regularly submitreports. 6.Controlandaudit Inspections are carried out by state financial control bodies. The local council, the prosecutor's office and theStateAudit Service monitorthe legality and efficiency ofexpenses. page278 INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE ISSN:2692-5206,ImpactFactor:12,23 AmericanAcademicpublishers,volume05,issue04,2025 Journal: https://www.academicpublishers.org/journals/index.php/ijai 7.Publicparticipation and transparency The population is informed about the budget process (public hearings for the budget, budget transparency portals). Themedia and NGOs canparticipate inbudget execution. The local budget is one of the most priority areas of the state financial system. It plays an important role in socio-economic development, well-being of thepopulation, agood lifestyle and meeting the needs of t