Krasnodar is one of the top Russian cities in the area of managing municipal finances

August 14, 2020 / Announcements and results of actions

Following the results of XIII All-Russian contest «Top municipal formation of Russia in the area of managing public finances» over the year 2019, the Kuban capital was recognized to be the best one in the category «For best organization of human resource management».

173 municipal formations representing 56 constituent entities of the Russian Federation took part in the contest.

For the reminder, the contest runs on an annual basis. It is hosted by magazine «Budget» and the Union of financiers of Russia under the support the Federation Council. The panel of the contest commission includes representatives of RF Federation Council, State Duma and Ministry of Finances. 

Among the parameters based upon which the contest participants were evaluated were quality of managing budgetary revenues, expenditures and municipal property, budget planning efficiency, debt policy, degree of openness to the activities of the local financial authorities. Eventually, 12 winners were selected.  

According to the materials of the official website of the Administration of the city of Krasnodar