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The Impact Of The Economic Crises On Financing Of Municipalities In Slovakia

Author

Listed:
  • Sylvia Jenèová

    (University of Presov in Presov, Faculty of Management, Slovakia)

  • Eva Litavcová

    (University of Presov in Presov, Faculty of Management, Slovakia)

  • Róbert Štefko

    (University of Presov in Presov, Faculty of Management, Slovakia)

  • Daniela Ma ovèíková

    (VS of Management in Trenèín/City University of Seattle, Slovakia)

Abstract

Municipality’s financing represents a substantial part of borough politics. It results from the fundamental functioning of the municipality. One of the main tasks is not only to raise enough funds to cover and satisfy their needs, but also to guarantee their effective usage and to apply new approaches to multi-source municipality’s financing. The budget of the municipality is closely linked to the state budget and its efficient management on the income site can ease the pressure on the state subsidies funding. The paper deals with the current issues regarding to financing of municipalities of the selected region of Svidník County with its 65 municipalities, yet the results can be applied to all Slovak municipalities. It has been proved that there is the strong link between preferred forms of financing and the view on the deterioration in the availability of financial resources in times of crises

Suggested Citation

  • Sylvia Jenèová & Eva Litavcová & Róbert Štefko & Daniela Ma ovèíková, 2013. "The Impact Of The Economic Crises On Financing Of Municipalities In Slovakia," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 7(1), pages 167-178, June.
    • Handle: RePEc:pcz:journl:v:7:y:2013:i:1:p:167-178
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    References listed on IDEAS

    as
    1. Stanislaw Brzezinski, 2011. "The Behaviour Of Enterprises In Times Of Crisis," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 3(1), pages 70-78, May.
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    Cited by:

    1. Ewa £adyga, 2015. "Entrepreneurship As A Basis Of Self-Management On The Way To Career," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 12(1), pages 87-95, DEcember.
    2. Katarína Liptáková & Zuzana Rigová, 2021. "Financial assumptions of Slovak municipalities for their active participation in regional development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(4), pages 312-330, June.

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      More about this item

      Keywords

      municipality; autonomy; financing; standard resources; alternative resources; cluster analysis;
      All these keywords.

      JEL classification:

      • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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