  This article deals with the process of managing the social and economic
development of municipal formations. It highlights characteristics and key
issues that arise during management at the municipal level. In order to
minimize the impact of the described issues, it is suggested to consider
municipal social and economic development as a semistructured system which is
modelled using a semantic network. As a result, it is concluded that a rating
of indicators for assessing social and economic development needs to be created
in order to determine the effectiveness and correlation with the targeted
indicators.
