http://www.ewi.info/system/files/reports/Modernizing%20Municipal%20Finance%20of%20the%20Kaliningrad%

performance of subordinated budget network. This requires the development of a budget process reform concept at the departmental level, including mechanisms for transforming goals and objectives of budget planning entities into goals and objectives of the recipients of budget funds.

The concept for reforming the budget process at the departmental level should determine the following: – the terms and procedure for developing and implementing departmental target programs, including with the participation of budget institutions in their implementation; – a methodology for assessing costs and benefits from the implementation of budget target programs (including budget efficiency); – procedures for budget planning, distribution of appropriations among subordinated ministries, federal services, and agencies, and budget institutions, based on the results of their performance; – a system of monitoring and overseeing efficiency of structural units of ministries, their subordinated executive bodies, and budget institutions; – budget spending standards per result for ministries and agencies in each area of activity; – norms requiring more effective acquisition of goods, works, and services at the departmental level; – objectives for developing the departmental system of financial management, improving the timeliness and effectiveness of financial reporting of agencies and the performance reporting system that is being created; – asset management system requirements; 38