Budgeting In The Local Self-Government Units And Analysis Of The Implementation Of The Budget In The Largest Municipalities In The Republic Of North Macedonia
Budgeting In The Local Self-Government Units And Analysis Of The Implementation Of The Budget In The Largest Municipalities In The Republic Of North Macedonia

Summary/Abstract: More precise budget planning will lead to more accurate determination of the way of spending of the Municipality funds. The budget should be based on a balance operation, always following the realized revenues and thereby balance the expenditures of funds. When preparing the budget, certain principles should be respected. In this paper, research will be done according to the sources of financing and to the economic classification of revenues and expenditures in the local self-government units. The research will prove the lower transparency of the Municipalities in the Republic of N. Macedonia. The average of transparency is 73.60%. About the revenues and expenditures there will be more results separately about the planned and realized budget, as well as the separate items within the budget, their correlation and interdependence. The average of revenues realization is 78.56%, and the average of expenditures realization is 77.26%. This will prove at what level the local self-government units are and how and where they should act when creating the municipal budgets, in order to have a better execution of the budget, more successful operation and of course to strive for greater transparency.

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