RESULTS ANALYSIS AND EFFECTIVENESS EVALUATION OF ROAD FUNDS

Abstract

One of the most important infrastructure components of the state’s economy is the road network. The practice of assessing the effectiveness of the use of budget allocations of the Federal Road Fund, has been examined. It has been identified, that the evaluation of the effectiveness of budget expenditures is carried out by road funds. It has been concluded, that there is an absence of an objective evaluation system, and there are no requirements for the effective use of budgetary allocations. A proposal to create a comprehensive system for assessing the effectiveness of the use of budget funds has been formed. It has been proposed to use the following methodological approaches: program and stock. As a result of a technique approbation it has been revealed, that the efficiency of the use of budget allocations decreases.

Keywords

• transport infrastructure
• road funds
• budget allocations
• efficiency assessment
• program approach
• stock approach