Public obligations are a set of rules that, through a regulatory act or law, compel liability. A similar term is associated with expenditure obligations in which entities are liable to legal entities and individuals, as well as with other options of public law relations that are subject to execution in accordance with regulatory legal acts.
Theoretical aspects
The fulfillment of public obligations is regulated by the current legislation of the Russian Federation. Such obligations are a multicomponent branch of the law used by the state to create conditions to maintain a stable economic situation. The public authority provides its authority for use to budget institutions. Information on such a transfer of rights to use cash resources is received by the Ministry of Finance of the Russian Federation, here it is agreed upon and approved within a 30-day period.
What you need to know
Public obligations of budgetary institutions are an important aspect of their financial activities. They enter only those organizations that are endowed with federal status.
Powers can only be transferred within the budget allocation provided for by the relevant authority and aimed at a specific purpose.
A public obligation involves payments that are based on equity. A similar phenomenon comes from the state federal authorities, which delegate authority, guided by several payment documents submitted by a budget organization that has taken these powers.
Cash Payment Algorithm
Public obligations are actions that are associated with a particular algorithm. This order is stated in the order of the Ministry of Finance of Russia (2008). The main obligations of the FBU (federal budget institution) are considered the following provisions:
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reporting to the federal authority indicating the fulfillment of certain public obligations established by the RF Ministry of Finance;
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reflection of general informational guidelines, allowing to consider the organization as a body having certain federal powers (a certain amount of public obligations).
Information is reflected in the report, which talks about the use of state property assigned to the organization. The information obtained enables the government to prevent corruption in public institutions.
Analogies of order
How are obligations of public law entities implemented? This process can be observed in the case of the transfer of budget authority to autonomous organizations. The basic information about such a phenomenon is regulated by a decree of the Ministry of Finance of the Russian Federation, it is also published in separate legislative acts.
Public obligations are also those actions that an individual bears in creating and maintaining records. It should indicate all operations performed by him within the framework of the existing budget.
Liability and expense
Everyone is familiar with the option of a public organization having public obligations to an individual. It is expenditure operations of public law education that will be included in a significant aspect that determines ways to reduce the likely consequences and financial risks that can lead to serious problems.
In this aspect, public obligations are an integral part of budget policy. Similar norms gradually flow into one another.Regulates such a relationship of the Federal Law on the budget plan for a calendar year. Thus, we can conclude that budgetary obligations are an act that is enshrined in law.
Responsibility to an individual
This form of law is based on the fact that services that provide for the payment of an individual with respect to the status of a civil servant of the Russian Federation will not be included in public regulatory obligations.
Subjects who hold positions of the budget, military, municipal type, also can not use such obligations. A public reward promise is often used in the case of bilateral transactions and complex legal proceedings requiring the intervention of third parties. High-quality official control, taking into account the various circumstances of the expenditure type used by bodies of state and municipal authorities, is assigned to special structures. They keep special registers, which are determined by certain settings.
Such registers collect information, which is then transmitted to the executive authorities.
Costs and Liabilities
Where else are public obligations featured? An example is the activity of municipalities. These organizations make up the amount of obligations that are fulfilled due to own incomes (for example, from rental of real estate, rendering of services), as well as using budget funds allocated by the federal government.
The appearance of such obligations is associated with the following circumstances:
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activities on the adoption of acts of a legal and municipal nature and responsible for local issues (drawn up under the Federal Law);
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legal municipal acts are adopted and implemented by the bodies that are responsible for self-government in the Moscow Region.
Important points
Structures created within the framework of a municipality are vested with certain state powers delegated to them by the federal authorities.
The MO agreement may be concluded using the name of budgetary institutions. In the expenditure part, public obligations relate to the establishment by local authorities of their own account for spending money.
Funding is provided through equity, as well as deficit sources that replenish the local budget.
As an exception, the types of expenditure obligations assumed and executed in the course of the implementation of state powers transferred from higher state bodies can be noted. In such situations, execution is carried out by means of a subvention (with its strict observance) from the budgetary resources of the subject of the Russian Federation.
If the MO exceeds the standards used in the calculation of a certain subvention, the provision of finances for the payment of the excess costs necessary for the high-quality fulfillment of specific obligations of the expenditure type of the MO is realized from own revenues and sources of the local budget deficit.
To summarize
A new expenditure obligation should be accepted only after confirmation of its functionality. There should be those resources that will guarantee the fulfillment of budgetary obligations. So, the totality of publicly-normative obligations includes expenditure obligations. In domestic legislation, as a prerequisite for the existence of a budgetary organization, reporting on the expenditure of a subvention is considered.
The report should contain a detailed explanation of all the articles, include the reasons for the deviation from the funds allocated by the entity. For example, if a kindergarten (school) is allocated a subvention from the regional budget for the payment of wages to employees, these material resources cannot be used to purchase equipment, carry out redecorating of premises, etc.