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Changes In The Structure Of Romanian Local Budgets

Author

Listed:
  • Cristinel ICHIM

    (“Stefan cel Mare” University of Suceava, Romania)

Abstract

The basic component of local public finances is the local budget, defined as the document through which annual revenue and expenditure of administrative-territorial units are provided and approved. By means of local budgets, the activity of local public finances is designed and operated, local public budgets being tools for forecasting, programming, implementing and monitoring the results of the execution of financial resources of local communities and their distribution and use through local public expenditure—in short, local budgets reflect the work regarding local public finances of the territorial-administrative units. In the structure of local budgets profound qualitative and quantitative changes have been made, oriented towards determining a substantial increase in real incomes of local budgets and on this basis to ensure the genuine financial autonomy of local public administration. Romania has made important steps in the financial decentralization field, but the implementation of this policy has encountered many problems.

Suggested Citation

  • Cristinel ICHIM, 2010. "Changes In The Structure Of Romanian Local Budgets," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 10(1(11)), pages 243-248, June.
    • Handle: RePEc:scm:ausvfe:v:10:y:2010:i:1(11):p:243-248
    as

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    File URL: http://www.seap.usv.ro/annals/arhiva/ANNALS%20VOL.10,NR.1(11),2010%20fulltext.pdf
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