On the Issue of Efficient Use of Money From the Road Fund for Measures to Increase the Level of Road Traffic Safety

A review of modern financial regulations regulating the allocation of budget funds for road safety measures made. An analysis of the distribution of funding and the filling of the road fund over a four-year period made. Identified inconsistencies in financing tasks related to increasing traffic safety. It established that 5% of the fund's budget or 1.63 billion hryvnias are the guaranteed allocations for road safety as of 2018. The main manager of these funds is the State Agency for Reconstruction and Development of Infrastructure of Ukraine (formerly - Ukravtodor). This institution distributes and approves allocations for traffic safety according to applications (budget requests for subvention) formed by the regions, which contain justification, physical and financial indicators that correspond to existing state regulations and departmental regulations of the specified institution. Proposals for harmonization are provided legislation. It concluded that one of the main causes of accidents is the low level of investment in improving the level of traffic safety. The need to develop a detailed, systematized description of social relations arising in the field of traffic safety, which are the object of normative and legal regulation by the state, has been identified.