1.2 Forecasting indicators of the education system of Ukraine

Forecasting is a powerful management tool in any socio-economic system. An important component of such systems is the education system, which makes forecasting indicators of its development an important area of management at the micro-, meso- and macro- levels.

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4.2 Problems of formation and use of the special fund of the Budget by institutions of higher education of Ukraine

To ensure the development of higher education it is necessary to use not only public funding, but also funds from other sources – individuals who agree to pay the cost of training to ensure future career growth in prestigious or interesting for them specialties, business entities that seek to obtain highly qualified specialists, local governments, aimed at ensuring effective governance at the local level by attracting qualified management professionals. In fact, a special budget fund is formed from the listed sources. The most successful in the formation of a special fund as shown in the monograph [18] are economic and classical universities. This thesis is partially confirmed in the monograph [39].

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4.3 Financing of HEI from the general fund of the Budget of Ukraine

The approach to financing HEIs from the general fund of the Budget, introduced in 2020, is based on a mathematical model, the main parameters of which are given in the Cabinet of Ministers of December 24, 2019 No. 1146 «On the distribution of state budget expenditures between higher education scientific and international activities» (hereinafter – the Resolution of the Cabinet of Ministers of Ukraine 46 1146) [42].

4.3.1 Justification of the size of indices in the formula of distribution of budgetary funds

First, we will consistently consider the validity of the size of the indices, which actually form the most important component of the indicator of activity of the HEI and is called the «estimated contingent».

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4.3.2 Justification of the list and size of indicators from the formula for the distribution of budget funds

Let’s consider in more detail each of the indicators that form the performance indicator of a particular HEI. First of all, it should be emphasized that the purpose of the Resolution of the Cabinet of Ministers of Ukraine No. 1146 is not to determine the cost of training specialists with higher education, but only the distribution of the already determined amount between HEIs. Thus, it is a question of a relative estimation of activity of certain HEI concerning others. This integrated indicator (Ai) should be based on indicators that allow to assess the advantages of a particular HEI over others and to indicate to management the directions for improving the functioning of HEIs.

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