Template-Type: ReDIF-Article 1.0 Author-Name: Yury G. Shvetsov Author-Email: yu.shvetsov@mail.ru Author-Workplace-Name: The Altay Academy of Economics and Law, Barnaul, Russia Title: State Budget and Public Needs Abstract: The article deals with relevant budget theory issues and presents characteristics of the budget functions and the budget system development principles, describes deficiencies of legal base regulating the budget relationships, as well as the Russian budget process deficiencies. It presents a justification for re-orientation of the budget to financing of the priority public needs. Classification-JEL: H61, H68 Keywords: budget, state, budget system, revenue and costs, public needs, budget process, decentralization of budget costs Journal: Finansovyj žhurnal — Financial Journal Pages: 49-56 Issue: 1 Year: 2012 Month: January File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2012/1/statii/2012_01_05.pdf Handle: RePEc:fru:finjrn:120105:p:49-56