<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The local budget appears as the main component of local finances that derives from all public finances and is individualized by a certain structure in which the number of administrative-territorial units in a country, the public services provided, the degree of economic development, etc. participate. local budgets reflect economic relations in the form of money that appear in the process of distributing the national income through which the funds necessary for the interests of the local public authorities that are coordinated by them are formed and distributed. The local public finances are also characterized by a transfer of value that takes place between the participants in economic establishment and use of the mobilized financial resources at the disposal of the authorities. The transfer of value is done without a direct consideration, which means that the person from whom the transfer of money resources is made from the local budget. Local public finances reflect the participation of individuals and legal entities in the form of taxes and fees in the formation of local budget revenues without direct and immediate consideration.</p>
</abstract>

The local budget appears as the main component of local finances that derives from all public finances and is individualized by a certain structure in which the number of administrative-territorial units in a country, the public services provided, the degree of economic development, etc. participate. local budgets reflect economic relations in the form of money that appear in the process of distributing the national income through which the funds necessary for the interests of the local public authorities that are coordinated by them are formed and distributed. The local public finances are also characterized by a transfer of value that takes place between the participants in economic establishment and use of the mobilized financial resources at the disposal of the authorities. The transfer of value is done without a direct consideration, which means that the person from whom the transfer of money resources is made from the local budget. Local public finances reflect the participation of individuals and legal entities in the form of taxes and fees in the formation of local budget revenues without direct and immediate consideration.

Local budget balance and influence factors

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Local budget balance and influence factors"}

The local budget appears as the main component of local finances that derives from all public finances and is individualized by a certain structure in which...

Local budget balance and influence factors

Pubblicato online: 08 ago 2022

Pagine: 400 - 408

DOI: https://doi.org/10.2478/picbe-2022-0039

Parole chiave
budget, economy, development, finances, national income

© 2022 Svetlana Platagea Gombos et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Local budget balance and influence factors

Pubblicato online: 08 ago 2022

Pagine: 400 - 408

DOI: https://doi.org/10.2478/picbe-2022-0039

Parole chiavebudget, economy, development, finances, national income

© 2022 Svetlana Platagea Gombos et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Parole chiave
budget, economy, development, finances, national income