The aim of the article is to examine efficiency of the decentralization process` potential and the conditions for the formation of financially capable and self-sufficient united territorial communities (UTCs) on the basis of sustainable development of territories and national economy alike. Main material. Efficiency of the decentralization process in Zaporizhzhia region has been analyzed in the article. The methodology of UTCs clustering by the level of their financial capacity applying statistical indicators of relative frequency and frequency with the subsequent determination of the confidence interval for mean observations (with probability of 0.95) has been proposed. The following have been chosen as the clustering criteria: income per capita; personal income per capita; infrastructure grant per capita and development expenditure (capital expenditure) per capita. Each set was divided into three groups: the first group of UTCs is from the minimum value to the lower limit of the confidence interval; the second group of UTCs is within the confidence interval; the third group of UTCs is above the upper limit of the confidence interval. It has been found out that the main determinants of UTCs formation of financial capacity and self-sufficiency are the following: natural-geographical (land, forest, water, mineral, biological, energy) and socio-economic (material, financial, human and intangible) resources. Econometric modeling of financial capacity level of UTCs in Zaporizhzhia region has been conducted. Conclusions and further research. The methodology of UTCs clustering by the level of their financial capacity according to the following criteria has been proposed: income per capita; personal income per capita; infrastructure grant per capita and development expenditure (capital expenditure) per capita. It has been used to evaluate efficiency of the decentralization process in Zaporizhzhia region. The main determinants of UTCs financial capacity and self-sufficiency formation has been proved. Regression econometric models have been built to evaluate its development potential and forecasting for UTCs of Zaporizhzhia region. The authors have proved that nowadays there are territories facing the process of UTCs formation. It has been demonstrated in the study that the complex potential of territorial development, namely, natural and socio-economic potentials, should be the basis for the further UTCs formation. The gradients (as the territorially defined set of opportunities) of the complex development potential will form UTCs administrative delimitation (territorial coverage). UTCs will have characteristics like economic capacity and efficient development based on the resources`, interests` and competitiveness` harmony. It has been proved that in the further process of decentralization it is advantageous to carry out UTCs clustering. UTCs should become clusters` centers of gravity (clusters` cores) as they have reached satisfactory financial capacity and selfsufficiency at the voluntary stage of decentralization.

, +380674581067 Волков Володимир Петрович, д. т. н., проф., професор кафедри підприємництва, менеджменту організацій та логістики, академік академії економічних наук України, Запорізький національний університет,

Role of interbudget regulation in financial ability of territorial communities In work the analysis of the basic sources filling of the budgets of the incorporated territorial communities and changes, which brought in 2018 considered features of realization interbudget regulation is carried out. The carried out analysis has shown, that ITC have only one exclusive kind subverts-on formation of an infrastructure entered in 2016. The size of subverts on formation of an infrastructure ITC is by settlement size, which depends on the area of territory ITC and number of the village population, which in this territory lives, that is she) is determined by objective principles. Is shown, that subverts on realization of measures on socio economic development of separate territories and the means of State fund of regional development depend on the decisions of a special Commission, which is created at the appropriate ministry and it are given not only ITC. Besides is present subjective in procedure of their granting. The carried out analysis has shown, that the majority of objects, which contents should carry out JTC (they concern to the municipal property), during 2015-2019 are financed with use of a means of the state budget. In this connection, further it is offered planning volumes of their financing to carry out with the account definition of a type of the boons, namely public, private and mixed. Is shown, that the basic loading on the budget ITC will have expenses for maintenance of the public boons, concerning them there is a state support for the account transfer from the state budget. The granting of the mixed boons provides an opportunity of financial support of the consumers, that I reduce loading on the budget IТC. Is proved, that at financial planning of volumes of own resources IТC it is expedient first of all to pay attention to volumes of financing of the public and mixed boons. Горошкова Л.А., Волков В.П., Карбівничий Р.О. Роль міжбюджетного регулювання у фінансовій спроможності територіальних громад У роботі проведений аналіз основних джерел наповнення бюджетів об'єднаних територіальних громад та змін, що внесені у 2018 році, розглянуті особливості здійснення міжбюджетного регулювання. Проведений аналіз показав, що ОТГ мають тільки один виключний вид субвенцій-на формування інфраструктури, введений у 2016 році. Розмір субвенції на формування інфраструктури ОТГ є розрахунковою величиною, яка залежить від площі території ОТГ та чисельності сільського населення, яке на цій території проживає, тобто вона визначається за об'єктивними принципами. Показано, що субвенції на здійснення заходів щодо соціально-економічного розвитку окремих територій та кошти Державного фонду фундаментального розвитку залежать від рішень спеціальної Комісії, що створюється при відповідному міністерстві і надаються не тільки ОТГ. Крім того, наявний суб'єктивізм у процедурі їх надання.