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Place And Role Of The Structural Funds In The Local Budget Revenues

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  • CRISTINEL ICHIM

    (STEFAN CEL MARE UNIVERSITY OF SUCEAVA, ROMANIA)

Abstract

In this study we aim to analyse the place and role manifested within local budgets of Romania by a new category of revenues available to local authorities namely those from the Structural and Cohesion Funds of the EU. At the beginning of our scientific approach we have outlined the scope of local government revenues highlighting that in the section development of local budgets are also set off funds from the European Union. The research continues with a characterization of the structural funds in which, on the one hand, we have emphasized their importance to the development of territorial administrative units in Romania and on the other hand we showed some difficulties arising in the process of absorption of European funds. The analysis of financial resources from the EU funds within the local budgets from Romania is the last part of the article and is based on the quantitative analysis of the budget indicator, "amounts of the EU in the payments made and pre-financing" from existing data in the Statistical Yearbook of Romania, and highlights the place occupied by such income within local public revenues. This analysis shows that local public authorities from Romania have made significant progress in terms of accessing European funds, their share in total revenues of local budgets increased during 2008-2014.

Suggested Citation

  • Cristinel Ichim, 2016. "Place And Role Of The Structural Funds In The Local Budget Revenues," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 294-299, June.
    • Handle: RePEc:cbu:jrnlec:y:2016:v:3:p:294-299
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    References listed on IDEAS

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    1. Roman Ligia, "undated". "Structural Funds In Romania," Description: Managerial Challenges of the Contemporary Society 33, Faculty of Economics and Business Administration, Babes-Bolyai University.
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    Cited by:

    1. Cristinel ICHIM, 2018. "Tax and Income Tax on Buildings- Income Source for Local Budgets," Book chapters-LUMEN Proceedings, in: Carmen NÄ‚STASE (ed.), The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challen, edition 1, volume 6, chapter 4, pages 28-39, Editura Lumen.
    2. Cristinel Ichim, 2023. "Optimisation Of Establishing Revenues Of Local Budgets," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 11(2), pages 29-34, June.

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