Burlakov Nikita Alekseevich – Teaching Assistant, Postgraduate of the Faculty of Regional Economics and Management, St. Petersburg State University of Economics
The article dwells on the importance of public institutions in the activities of the public sector of the economy. The sources of funding of public institutions and the amount of budget allocations for St. Petersburg in 2014 are analyzed. The key legal development of Federal Law No. 44-FZ in broadening of the customers’ powers are revealed. The advantages of placement of procurements by budget institutions having non-budgetary funding sources in accordance with Federal Law No. 223-FZ are justified.
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