The most relevant aspects of achieving economic security of enterprises are determined in the article. The assessment of the level of economic security was conducted using the method of analysis of the functioning environment. The focal points of the assessment are interests, threats and resources. The possibility of economic security strengthening of business entities is traced using analysis of economic activity of mechanical engineering companies of Vinnytsia region of Ukraine as an example. At the same time, businesses that cannot cover the cost of resources with the income from goods sale in the current year were singled out. Businesses entities positioning in the functioning environment in the context of economic security motivation (interests - increase in enterprise income, threats - growth of current and long-term liabilities, resources - use of fixed assets and employees), allowed to find opportunities to increase the efficiency of enterprises that to the greater extent are related to the manufacturing of machinery and equipment.
Objective. The objective of the article is to research modern approaches to the effectiveness of public authorities and the peculiarities of their economic assessment at the local level.
Methods. The methods of theoretical search, analysis and synthesis, systematization and generalization, scientific abstraction, tabular method, and statistical research methods (for determining economic efficiency indicators) were used in the performance of this scientific research.
Results. Based on the theoretical generalization of the approaches of Ukrainian scientists regarding the definition of the categories "management efficiency", "effectiveness" and "efficiency" in relation to the activities of public authorities (accepted for the state and municipal level as a single interpretation), it is determined that it is managerial, social, economic and political a category determined by the influence of the subject of management on the object of management with the aim of achieving the set goal (result), in which the object of management moves to a new state with the optimal use of resources needed to support such a transition. As a methodological basis, the work implements a mixed approach to evaluation, which is a compilation of the composite approach (which aims to determine the degree of influence of managerial work on the performance of the government body as a whole) and the multiple approach (which is an attempt to evaluate efficiency using generalizing indicators). With its use, an assessment of the economic efficiency of the municipal authorities of the city of Kryvyi Rih was carried out. By means of the analysis of indicators of resource strategic efficiency and general indicators of economic efficiency of public authorities (municipal authorities) of the city of Kryvyi Rih in 2019-2021, a high level of efficiency was ascertained, which ensures the return of all available resources of the territorial community and meets the goals of regional development and strategic interests of the state.
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