Financial and legal mechanism for ensuring certain state powers delegated to local governments

The subject. The issues of applying the financial and legal mechanism for financing certain state powers transferred to local governments are considered. The purpose of the article is to identify the problems of legal regulation and practical im- plementation of financial support for state powers transferred to local governments for im- plementation. The authors used method of formal legal interpretation of Russian legislation as well as dialectical analysis of budgetary statistics Main results. The article analyzes the features of the financial and legal mechanism for en- suring certain state powers transferred to local governments, the practice of providing in- ter-budget transfers in the form of subventions. The problem of determining the forms, calculation, and procedure for transferring appropriate financial resources to local govern- ments has been identified. The development and approval of regional standards should be based not only on the general requirements for federal and regional standards, but also on the fact that the latter should either exceed the norms and standards of quality and stand- ard of living of the population provided for by federal standards, or supplement their list. Conclusions. The actual costs of the municipalities must be financially ensured In order to achieve high results in public financial activities, increase the efficiency of using budgetary funds, and ensure the interest of local governments in exercising their delegated powers.