In the 19th century, Palkino was a selo, a seat of Palkinskaya Volost of Pskovsky Uyezd in Pskov Governorate. On August 1, 1927, the uyezds were abolished, and Palkinsky District was established, with the administrative center in Palkino. The governorates were abolished as well, and the district became a part of Pskov Okrug of Leningrad Oblast. On July 23, 1930, the okrugs were also abolished, and the districts were directly subordinated to the oblast. On September 20, 1931 Palkinsky District was abolished and merged into Ostrovsky District. On February 15, 1935, the district was re-established. Between March 22, 1935 and September 19, 1940, Palkinsky District was a part of Pskov Okrug of Leningrad Oblast, one of the okrugs abutting the state boundaries of the Soviet Union. Between August 1941 and July 1944, the district was occupied by German troops. On August 23, 1944, the district was transferred to newly established Pskov Oblast. On October 15, 1985 Palkino was granted status of an urban-type settlement.[3]
Palkino is connected by roads to Pskov, to Ostrov, and to the highway connecting Pskov and Riga. The connection to Ostrov provides access to the M20 highway which connects St. Petersburg and Vitebsk via Pskov. There are also local roads.
Псковское областное Собрание депутатов. Закон №833-оз от 5 февраля 2009 г. «Об административно-территориальном устройстве Псковской области». Вступил в силу со дня официального опубликования. Опубликован: "Псковская правда", №20, 10 февраля 2009 г. (Pskov Oblast Council of Deputies. Law #833-oz of February 5, 2009 On the Administrative-Territorial Structure of Pskov Oblast. Effective as of the official publication date.).
Псковское областное Собрание депутатов. Закон №420-оз от 28 февраля 2005 г. «Об установлении границ и статусе вновь образуемых муниципальных образований на территории Псковской области», в ред. Закона №1542-ОЗ от 5 июня 2015 г. «О внесении изменений в Закон Псковской области "Об установлении границ и статусе вновь образуемых муниципальных образований на территории Псковской области"». Вступил в силу со дня официального опубликования. Опубликован: "Псковская правда", №41–43, №44–46, №49–51, 4 марта 2005 г., 5 марта 2005 г., 11 марта 2005 г. (Pskov Oblast Council of Deputies. Law #420-oz of February 28, 2005 On Establishing the Borders and the Status of the Newly Formed Municipal Formations on the Territory of Pskov Oblast, as amended by the Law #1542-OZ of June 5, 2015 On Amending the Law of Pskov Oblast "On Establishing the Borders and the Status of the Newly Formed Municipal Formations on the Territory of Pskov Oblast". Effective as of the official publication date.).