Chulovsky, K.Y. Negative transfers from local budgets within the system of relations between the budgets.

Abstract: To date, any full coverage of expenditure needs financed from local budgets is impossible outside of the financial resources coming to these budgets through the channels of inter-budgetary relations. According to experts, for both the majority of existing and newly created local governments, the nature of their budgetary relations with the subject of the Federation remains a key factor determining their ability to solve the main problems of economic and social development on the ground. Municipalities are heavily dependent on gratuitous transfers provided from budgets of other levels.