METHODICAL APPROACH TO JUSTIFICATION OF POSSIBLE AMOUNT OF CAPITAL PROJECT DEBT FINANCING OFLOCAL AUTHORITIES

2017 ◽  
pp. 145-155
Author(s):  
Yevhen ZOLOTUKHIN
Keyword(s):  
Local Government ◽  
Local Level ◽  
Methodological Approach ◽  
Threshold Value ◽  
Project Financing ◽  
Local Authorities ◽  
Methodical Approach ◽  
Debt Finance ◽  
Capital Financing ◽  
Local Budget

Introduction. The economic independence of local government is associated with the availability of capital expenditures financing funds which are decisive factor in boosting regional development. However, Ukrainian realities indicate a limited amount of their own financial resources for local authorities which should be directed to capital financing. Under such conditions, the problem of research on alternative forms of financing, one of which is debt finance, is becoming increasingly clear and requiring a scientificjustification forthe limits of their use. Purpose. Studying the forms of capital project financing of local government and developing and substantiating methodical approach for determining the maximum amount of debt finance at local level. Results. The generalization ofthe existing forms ofcapital project financing oflocal development in Ukraine, criteria of their choice are summarized. The direct connection between the territory debt potential and its financial capacity is proved. The expediency is substantiated and the methodology of using optimization linear programming methods in determining borrowing limits of cities is provided. Conclusions. The proposed methodology for assessing the potential of borrowing of local authorities primarily depends on the cost of the capital project, as well as ensuring the sustainability of the financial condition of the local budget. The scientific and practical value of the constructed model is to improve the methodological approach to defining the threshold value of the amount of borrowed funds that cities can attract for a specific capital project, subject to maintaining a high level of financial and debt sustainability of the local budget.

Spatial and Institutional Analysis of the Voivodships Expenditure on Culture in the Years 2003 – 2015

e-Finanse ◽  
2019 ◽  
Vol 15 (3) ◽  
pp. 67-75
Author(s):  
Adam Mateusz Suchecki
Keyword(s):  
Local Government ◽  
Public Administration ◽  
Local Governments ◽  
Local Level ◽  
Institutional Analysis ◽  
The State ◽  
Cultural Institutions ◽  
Location Quotient ◽  
Local Authorities ◽  
National Heritage

AbstractFollowing the completion of the process of decentralisation of public administration in Poland in 2003, a number of tasks implemented previously by the state authorities were transferred to the local level. One of the most significant changes to the financing and management methods of the local authorities was the transfer of tasks related to culture and national heritage to the set of tasks implemented by local governments. As a result of the decentralisation process, the local government units in Poland were given significant autonomy in determining the purposes of their budgetary expenditures on culture. At the same time, they were obliged to cover these expenses from their own revenues.This paper focuses on the analysis of expenditures on culture covered by the voivodship budgets, taking into consideration the structure of cultural institutions by their types, between 2003-2015. The location quotient (LQ) was applied to two selected years (2006 and 2015) to illustrate the diversity of expenditures on culture in individual voivodships.

scholarly journals Performance Management as an Alternative Tool for Local Governance: Evidence from Ghanaian Local Government Sector

2017 ◽  
Vol 7 (3) ◽  
pp. 188 ◽  
Author(s):  
Juliana Abagsonema Abane ◽  
Boon-Anan Phinaitrup
Keyword(s):  
Local Government ◽  
Performance Management ◽  
Local Governance ◽  
Local Level ◽  
Secondary Data ◽  
Local Authorities ◽  
Performance Culture ◽  
Government Sector ◽  
Improvement Programs ◽  
Secondary Data Sources

The benefit of performance management is to have value for money and make local authorities more responsive to the needs of the grassroots. Therefore, the study addresses the perceived challenges which have been taken-for-granted in institutionalising performance culture at the local level in the context of sub-Sharan Africa. The purpose of this research is to investigate the progress and challenges affecting the institutionalisation of performance management in local government authorities to understand how these impediments impacts on performance culture in local governance. Using two major secondary data sources from Local Government Service, the study analyzes the contents of four key performance areas and the performance rating of local government authorities in Ghana . The study finds evidence to support that performance management may be an alternative tool to enhance the performance of local authorities. However , insufficient resource allocation, the absence of performance improvement programs and involvement of employees remains a challenge.

scholarly journals CONDITIONS AND FACTORS OF EFFECTIVE USE OF LOCAL BUDGET FUNDS DURING THE REFORM OF FINANCIAL DECENTRALIZATION

2021 ◽  
Author(s):  
Liudmyla Denishchenko
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Local Level ◽  
Significant Degree ◽  
Job Responsibilities ◽  
First Results ◽  
The Government ◽  
Local Budget ◽  
Decentralization Reform ◽  
Effective Use

The implementation of the financial decentralization reform in Ukraine, which is the most important component of the general reform of local self-government in Ukraine for seven years, already has the first results and materials for research and conclusions. The state has proposed stages of reform and further activities of local governments. The government ensures the declared national expenditures delegated to local councils and recognizes the significant degree of their independence in planning, creating and implementing their budget plans. However, at the local level there are a number of problems that lead to inefficiency or inexpediency of costly financial activities. The article considers the most significant, effective and universal conditions and factors for improving the efficiency of spending financial resources of local budgets in the implementation of local government reform in Ukraine. The reasons for the need to implement the reform of financial decentralization and the problems it should solve are presented. Among the described bases of increase of efficiency of use of means – legislative, organizational, resource. Their definition was made possible by studying the results of community spending management during the first years of the reform. Most of them have an organizational character, i.e. one that is possible for the community to implement as a cohesive social body at the local level, have a low level of costs or opportunities for external financing or co-financing. Factors of its implementation, author’s comments and evaluation of efficiency are provided to each defined condition. The most important among the basics of effective spending of local budgets are: the availability of necessary and quality legislation, preparation and use of motivated staff of local governments, creation and implementation of social dialogue in the community, comprehensive control and analysis of public spending, determining responsibility for job responsibilities relevant employees, use of foreign experience and best financial practices of Ukrainian communities, use of energy-saving technologies, optimization of local government maintenance costs. Each of the presented bases has the described factors of their implementation which are described in article. The use of such factors makes it possible to use the available on a possible basis the effectiveness of the use of local funds, an important component of the community’s own resources during the reform of local self-government.

scholarly journals Current problems of civil participation in the implementation of local government in Russia

Upravlenie ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 5-10
Author(s):  
S. S. Hamidov
Keyword(s):  
Decision Making ◽  
Local Government ◽  
Local Governments ◽  
Local Level ◽  
Social Activity ◽  
Interdisciplinary Approach ◽  
Public Confidence ◽  
Local Authorities ◽  
High Level ◽  
Civil Participation

The main problems of the modern institution of civil participation in the implementation of local government in Russia have been analyzed in the article. Modern effective tools and processes, in the context of “civil participation” have been described. A number of issues and problems of formation of the institute of local government has been considered The democratic nature of the local government implies, the principle of transparency of the decisionmaking system at the local level and high level of trust of the population to local governments. Based on the study of processes, taking place in the country, as well as the analysis of scientific literature on civil pariticpation issue, the author highlights the factors, influencing the level of public confidence in the activities of local governments and the decision-making process by actors in the process of interaction between the authorities and society, in terms of ensuring the democratic nature of the local power.The aim of the analysis of the process of building the system of local government, under which social activity and civil participation in the implementation of the local government requires an interdisciplinary approach - to develop effective solutions and technologies of work with citizens, local authorities, that will lead to increased transparency in decision-making and enhance public confidence in the local authorities. In consideration, that developed institute of civil participation is a complex institution, which is an indicator of the democratic principle of organization of power, at the same time requiring a more thorough analysis of the type of relationship the actor process of interaction of authorities and society and their objectives, the author puts forward several theories, whereby you can ensure the effectiveness of the process of “participation”, in the context of mainstreaming, as described by the author.In the same way modern and effective tools and techniques have been described in the article, the application of which, according to the author, will lead to greater transparency in the work of local government authorities.

scholarly journals Administrative Capacity of Local Government in Responding to Natural Disasters in Developing Countries

2021 ◽  
Vol 2 (2) ◽  
pp. 114-124
Author(s):  
Nguyen Van Quang ◽  
Doan Trieu Long ◽  
Nguyen Dung Anh ◽  
Thanh Nguyen Hai
Keyword(s):  
Local Government ◽  
Natural Disasters ◽  
Adaptive Capacity ◽  
Local Governments ◽  
Local Level ◽  
Local Authorities ◽  
Role Of Government ◽  
Administrative Capacity ◽  
Central Highlands

The important role of local government in the socio-economic development of localities has been confirmed in many domestic and foreign studies. But the role of government in drought adaptation has often received little attention and analysis in domestic studies. Approaching from the local tectonic government model, the article argues that local government is an important link to promote adaptive capacity at the local level of Vietnam and the Central Highlands provinces provide a case study that is typical for research and development of the capacity to adapt to drought and natural disasters for local authorities in Vietnam. Analysis of adaptive capacity through case studies in local government in the Central Highlands provinces shows that capacity is a major challenge for local governments here. The paper recommends that it is necessary to further expand the initiative and role of local authorities in guiding and promoting adaptation for communities and local people. Doi: 10.28991/HEF-2021-02-02-03 Full Text: PDF

PROBLEMS OF LOCAL BUDGETS’ ORGANIZATION IN UKRAINE IN THE CONTEXT OF FINANCIAL DECENTRALIZATION

2017 ◽  
pp. 29-41
Author(s):  
Yurij RADELYTSKYJ
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Fiscal Decentralization ◽  
Local Level ◽  
Intergovernmental Transfers ◽  
Financial Autonomy ◽  
Before And After ◽  
Local Budget ◽  
Expert Community

Introduction. Fiscal decentralization as the main vector of development of Ukraine in general and local government in particular has set scientific and expert community task of defining feasibility and effectiveness of the reforms and their compliance with requirements and needs of society. Purpose. Analysis of the tool of organization of local budgets in Ukraine due to decentralization process to define the main results of these innovations and make recommendations for improving the system. Results. Specific features of organization of local budgets in Ukraine in terms of local government reform are observed. It is made comparative analysis of formation and execution of local budgets before and after the reform. Peculiarities of formation of the revenue of local governments are examined. Tax revenue is defined as the main source of local budgets. It is analyzed the main characteristics of collection of major budget-taxes. The features of expenditure policies at the local level are investigated. The main problems of this process are defined. It is investigated the place and role of intergovernmental transfers as a part of local budgets. The features of forming of intergovernmental transfers and horizontal fiscal equalization of local budgets in consequence of financial decentralization are determined. General conclusions resulting from the study are made. Conclusion. Reform of the system of local budgets requires a comprehensive update of local government and simultaneous implementation of sectoral reforms. In the system of local budget revenues development and selection of algorithm of formation of a well-defined orientation to ensure financial autonomy and financial viability and its implementation on an ongoing basis is a priority. The task of reforming expenditure part of local budgets is orientation of financial resources to secure capital expenditures and implementing their own powers of local government.

INSTITUTIONALIZATION OF PUBLIC CONTROL OVER ACTIVITY OF LOCAL GOVERNMENTS

2015 ◽  
Vol 4 (4) ◽  
pp. 15-21
Author(s):  
Селиванова ◽  
Elena Selivanova ◽  
Малахова ◽  
Oksana Malakhova
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Local Community ◽  
Local Level ◽  
Ecological Condition ◽  
Point Of View ◽  
Public Control ◽  
Local Budget

Authors concentrate attention on features of formation of system of public control at the level of local community. Potential of system of local government is analyzed from the point of view of spheres of public control; author´s approach to classification of authors of public control at the local level is formulated. The key directions of public control from the side of citizens and public associations at the local level are emphasized: formation of the local budget and its expenditure, ecological condition of the territory, improvement, pricing of utility payments and other range of questions and democratic procedures.

scholarly journals Assessment of the level of local budget financial decentralization: Case of Ukraine

2020 ◽  
Vol 9 (1) ◽  
pp. 34-47
Author(s):  
Nadiya Dekhtyar ◽  
Katarina Valaskova ◽  
Olga Deyneka ◽  
Nataliya Pihul
Keyword(s):  
Economic Development ◽  
Local Governments ◽  
Local Level ◽  
Methodological Approach ◽  
Integrated Index ◽  
Self Sufficiency ◽  
Socio Economic Development ◽  
Local Budget ◽  
The Impact ◽  
Budget Execution

Further improvement of financial relations at the local level and the development of local budgets take place in the context of financial decentralization. This implies strengthening the role of local governments in attracting necessary financial resources to ensure socio-economic development of territories. The purpose of this paper is to identify the impact of decentralization on the state of local budgets and to develop a scientific and methodological approach to assessing the level of financial decentralization of local budgets using the example of Ukraine for 2010–2019. The developed methodology consists of six successive stages. A comparative analysis of the dynamics of indicators of local budget execution in Ukraine in terms of revenues, expenditures and transfers using an integrated index obtained through taxonomic analysis is conducted. As a result of evaluating the effectiveness of the basic principles of financial decentralization, the expediency of calculating the integrated index of local budget financial decentralization is substantiated. This index is formed using intermediate indicators of autonomy to cover expenses and generate income both on the basis of own sources and taking into account the received state transfers for the implementation of their own and delegated powers of local governments. The implementation of the proposed method allow one to assess the levels of financial decentralization of local budgets to establish the degree of financial autonomy and financial self-sufficiency of the territories. The results obtained should be considered when determining the effectiveness of financial support for local budgets in the process of socio-economic development of regions.

Comparative Analysis of Local Government in Zambia Between 1991-2010 And 2011-2020

2020 ◽  
Vol 7 (09) ◽  
pp. 6135-6161
Author(s):  
ROYSON M. MUKWENA
Keyword(s):  
Comparative Analysis ◽  
Local Government ◽  
Local Level ◽  
Local Democracy ◽  
Resource Base ◽  
Local Authorities ◽  
Economic Resource ◽  
All Solutions ◽  
Preparatory Work ◽  
Meaningful Role

In this article the author undertakes a comparative analysis of local government in Zambia between the periods 1991-2010 and 2011-2020. The author examines the motivations and objectives of the decentralisation reform measures undertaken during the two periods. After examining the motivations and objectives of the reforms the author proceeds to undertake a comparative analysis of the performance of decentralisation policies and reforms during the two periods using the parameters he develops in the conceptual and theoretical section of the paper. For most of the period under discussion (since 2002), devolution has been the preferred focus of the decentralisation reforms.Apart from the launch of the DecentralizationImplementation Plan (DIP)in December 2009, there was no progress with regard to the devolution of functions to the local level during the period 1991-2010. By and large, the districts in Zambia during the period 1991-2010 remainedunaccountable and unresponsive to the needs of the local populations.Local government during this period continued facing the same problems that limited its capacity in the pre-1991 period to deliver local services and play any meaningful role in fostering local democracy and local development.The period 2011-2020 has witnessed more progress than the previous period with regard to preparatory work for devolution. For instance, several devolution plans have been prepared. However there has been little progress with regard to implementation except for one devolution plan that has been implemented. With regard to performance, Local government during the period 2011-2020 has continued to face the same problems that limited its capacity in the previous periods.Theauthor cautions against neglecting the issue of Homogeneity and Heterogeneity when designing decentralisation reforms. He argues that previous decentralisation reforms in Zambia have failed because the reforms have treated local authorities as a homogeneous group and prescribed one-size fits all solutions. He emphasises that Local Authorities are not homogeneous but heterogeneous. They differ in, inter alia, economic/resource base, population, geographical base, local responsibilities and institutional capacity. Thus Local Authorities should be graded according to their capacity and devolution be undertaken in a phased approach and follow readiness of Local Authorities using the capacity criteria.In conclusion the author points out thatthere is need to address the issue of capacity assessment of Local Authorities as an essential component of the process of devolution. He also points out that there is need to address the shortcomings that have been identified in the approved Devolution Plans. The author observes that the shortcomings,challenges and factors that have accounted for Zambia’s unsuccessful attempts at decentralisation since independence and dismal performance of local government with regard to fostering development are well known and have been well documented. He advises that these shortcomings, challenges and factors will have to be addressed and resolved in an honest and objective manner in order for decentralisation reforms to have any realistic chance of succeeding to achieve the intended objectives

scholarly journals Examining the power role of Local Authorities in planning for socio-economic event impacts

2019 ◽  
Vol 34 (7) ◽  
pp. 657-679 ◽  
Author(s):  
Kelly Maguire
Keyword(s):  
Large Scale ◽  
Economic Impacts ◽  
Local Level ◽  
Methodological Approach ◽  
Event Management ◽  
Structured Interviews ◽  
Local Authorities ◽  
The Republic ◽  
Power Role

The socio-economic impacts of events, while mostly positive can often bring many detrimental implications to destinations and communities that host them. The statutory role of Local Authorities in Ireland to authorise and license large scale outdoor public events places Local Authorities in an ideal position to monitor and better manage the socio-economic impacts events can create at local level. This comparative examination draws attention to the current level of planning for the socio-economic impacts of events by Local Authorities at a nationwide level in Ireland. A multi-methodological approach was employed through a quantitative content analysis of Local Authority event management plans and guidelines and qualitative semi-structured interviews with Local Authorities in the Republic of Ireland. The findings drew attention to an overall dearth of socio-economic planning for events by Local Authorities. This lack of planning subsequently highlights a fundamental need for Local Authorities in Ireland to pay greater attention to generating greater levels of socio-economic sustainability in the legal process of planning for event management given their statutory role. This study presents an opportunity for improvement by Local Authorities and Event practitioners not only in Ireland but at International levels.

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