Economic Regulation of the Municipal Property Utilization in the Territories

This paper discusses the organizational and methodological guidelines for economic regulation of the municipal property complex utilization. We have redefined and updated the classification of municipal assets as the elements of a sophisticated multi-component structure, comprising property located within the municipal territory. We have justified the targeted managerial decisions to encourage the efficient property utilization at different stages of its life cycle. We have defined the conceptual aspects of economic regulation as a state administration function within the competence of municipality. We have summarized and systematized the theoretical and methodological approaches to economic regulation of municipal property complex utilization in Russia. We have identified the problems, precluding the efficient property complex utilization based on the redefined and updated principles of economic regulation. We have presented the recommendations for a comprehensive evaluation of the municipal property utilization, considering social, economic and financial effectiveness. We have surveyed the scientific papers and publications, addressing the issues of municipal property utilization efficiency, economic regulation and other research literature. We have concluded about the necessity for further study of the effective regulatory mechanisms for municipal property utilization to enhance the strategic municipality development.