Building a financial model in the ecosystem loop – creative spatial development of the region

Abstract

Purpose: the purpose of this article is to develop and build a financial model in the outline of the ecosystem of the creative spatial development of the region based on the resource financial potential.Methods: in preparing the article a wide range of research methods were used, primarily the method of analysis and synthesis, graphic method, method of statistical analysis, as well as the method of grouping in the formation of an integrated approach.Results: in the process of research, the sources of additional financial resources for formation of a profitable part of the budget, namely at the expense of leasing of property and receipt of additional taxes from registration of regional lands, used by legal and physical persons were revealed. The significance of the application of an integrated approach in the process of formation of the consolidated budget: tax and non-tax revenues; investments in fixed capital; financial profits of enterprises and organizations after taxation; capital and reserves of enterprises, organizations. It was revealed that in municipalities one ruble of total financial resources brings profit in relation to the gross regional product in each municipality differently, because not everywhere are effectively used financial resources.Сonclusions and Relevance: this study reveals information about the main trends and opportunities for the development of the region, identifies its strengths and weaknesses. The analysis and conclusions are important for specialists of municipalities and investors when they make decisions on investing capital in the facilities of the region. The analysis and conclusions carried out are of great importance for specialists of municipalities and investors when they make decisions on investing capital in the objects of the region.