Retrieved from Volume 25, No. 2, 2021
Pages 4 -10
Received 13.12.2020
Revised 19.02.2021
Accepted 22.04.2021
Retrieved from Volume 25, No. 2, 2021
Pages 4 -10
Abstract
The article proves that it is important to strengthen financial capacity of united territorial communities through different financial and socio-economic mechanisms in the modern conditions of communities’ decentralization and further development. The article analyzes the current trends in financing the development of united territorial communities, reveals the benefits and opportunities for attracting alternative sources of funding. An algorithm for attracting grant funds for the development of UTC and other proposals that will increase the financial capacity of UTC in the long term and the implementation of local development initiatives are proposed
Keywords:
alternative sources of financing; united territorial communities; grant funds; projects; financial capacity