In a civilised society a point of view on acknowledging culture as one of the most significant resources of socio-economic development was formed. The development of culture in Russian society faces multiple problems. In "The Fundamentals of the Legislation of the Russian Federation on Culture" the duties and responsibilities of state administration bodies for the effective development of this sphere and financial support of cultural activity are proclaimed. Defining the boundaries of state regulation of financial relations in culture and leisure sphere is mainly dependant on the type of social and budgetary policy of the state that influence directly the degree of implementing the declared priorities and on the guarantees to the population of a country in the field of culture. These problems constitute the subject matter of the given research. The condition of the objects of culture and the list of tasks that are solved with its assistance prove the necessity to specify the methodological principles of implementing the state policy in the sphere of culture. The elements of scientific novelty consist in justifying the necessity to develop a complex of measures of improving forms and methods of financial support of culture with the use of the elements of functionally oriented financing of industry expenses.

The article shows the possibility of using one of the methodological approaches to the analysis of the economic security of the region. In the course of work on the article, the authors posed the following tasks. Firstly, a brief overview of existing theoretical views on the problem of assessing the economic security of a region. Secondly, the analysis of the main indicators of economic security of the Stavropol Territory. A number of issues are debatable and require further study. However, their relevance and practical importance are confirmed by the role of regional security in solving the country's national security tasks.

Krai; the problems of its development are revealed as well. It is proved that in the conditions of risk and uncertainty it is especially important to distinctively define the role of the insurance sector of the financial market, to determine its interaction with the real sector branches of the regional economy by means of using the industrial, social and investment potential. Modern insurance relations are formed under the influence of the transformation processes in the development of the financial system, institutions and instruments of the insurance sector; they are determined by the methods of state regulation as well. Underestimating the problems of the insurance market in the reproduction process of the regional economy negatively affects its development. In this regard it is essential to develop and implement a qualitatively new strategy of the development of the insurance market and its infrastructure that could be oriented towards modern achievements. At the same time the reproductive, investment approach to the insurance strategy should be implemented. The authors have developed a factorial model of the assessment of the investment potential of the regional insurance market in the context of socio-economic transformation of the development institutions. The main vectors of the development of the regional insurance market on the basis of the economic potential of the region are suggested.

The present-day state finances condition demonstrates the need for specifying methodological and practical aspects of providing budget system financial stability. The objectives of overcoming the budget deficit at all levels set by the Russian Federation government are aimed at creating the necessary conditions for providing the region’s financial security as a key functional component of its economic security.The materials presented in the article provide characteristics of Stavropol Krai and Krasnodar Krai budgets, which were obtained by the authors as a result of the analysis of the basic medium-term development programs of the given regions. The possible use of budget policies indicators and instruments for the assessment of economic security and financial stability of a federal subject of Russia is indicated. The article investigates the opportunity to assess regional economic security based on the study of socio-economic parameters of its development and on the application of the system analysis methods to major indicators of a federal subject of Russia financial and budget policies.The elements of scientific novelty are determined by the fact that the article substantiates the necessity to develop a complex of measures for improving the forms and methods of the state financial support for regions with the mandatory inclusion of activities aimed at increasing regional economic security.