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The Impact Of Local Public Finances On A Community

Author

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  • Mircea-Iosif Rus

Abstract

It is known the fact that local public finances are considered, together with the public finances of the state central administration, users of the money resources at the level of the administrative-territorial units for the satisfaction of the said units needs like culture, education, social services, public services, etc, establishing, at the same time, economic relations which stand at the basis of building up the resources which will be used as previously mentioned. In order to accomplish their challenges, local public finances perform a value transfer from the population to the local budget without providing a consideration to the said population. The local public finances value and weight differ with each administrative-territorial unit and depends, in a direct manner, on the population number and on the economic activity of those administrative-territorial units. Exactly for that, it depends very much on the local administrations to try and attract as many companies as possible even if this means to grant them certain facilities. We must not neglect the fact that, for the good running of their activity, those communities receive amounts deducted from certain central taxes and charges but it is advisable to provide a portion as large as possible of the budget from local taxes and charges, in accordance with legislation provisions.

Suggested Citation

  • Mircea-Iosif Rus, 2020. "The Impact Of Local Public Finances On A Community," FIAT IUSTITIA, Dimitrie Cantemir Faculty of Law Cluj Napoca, Romania, vol. 14(1), pages 181-188, May.
    • Handle: RePEc:dcu:journl:v:14:y:2020:i:1:p:181-188
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    Citations

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    Cited by:

    1. Madia, Joan E. & Moscone, Francesco & Nicodemo, Catia, 2023. "Informal care, older people, and COVID-19: Evidence from the UK," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 468-488.
    2. Stefania-Rodica Hubel (Anghel) & Mari-Isabella Stan & Tanase Tasente, 2023. "Assessing the Role of Gender in Shaping Perceptions of Socio- Economic Issues in the Context of Sustainable Local Development: A Study on Respondents' Influence," Technium Sustainability, Technium Science, vol. 3(1), pages 76-90, June.
    3. Florica Brasoveanu, 2023. "Transparency and Public Participation in EU Environmental Decisionmaking: Strengthening Global Governance and Regional Cooperation," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 28-35, December.
    4. Elena Condrea & Stefania-Rodica Hubel (Anghel) & Mari-Isabella Stan, 2023. "Local Development through Collaborative Action: A Study on the Central Dobrogea Local Action Group (GAL-DC) and its Project-Based Associative Framework," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 61-71, December.
    5. Anca Cristina Stanciu & Stefania-Rodica Hubel (Anghel) & Mari-Isabella Stan, 2023. "A Demographic Exploration of Associative Entities in the Local Action Group," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 154-163, December.
    6. Florica Brasoveanu, 2023. "Advancing Sustainable Development: The Role of European Environmental Law in Regional Integration and Globalization," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 20-27, December.

    More about this item

    Keywords

    local public finances; administrative-territorial units; community;
    All these keywords.

    JEL classification:

    • K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics

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