A NEW TOOL FOR LOCAL DEVELOPMENT IN THE SLOVAK REPUBLIC Cover Image

NOVÝ NÁSTROJ PRE MIESTNY ROZVOJ V SLOVENSKEJ REPUBLIKE
A NEW TOOL FOR LOCAL DEVELOPMENT IN THE SLOVAK REPUBLIC

Author(s): Elena Žárska
Subject(s): Business Economy / Management, Public Administration, Economic development
Published by: Masarykova univerzita nakladatelství
Keywords: local development; tool; municipality;
Summary/Abstract: In order to address the coherence between intensive construction by development companies and the need for capacity building of the corresponding infrastructure, which is by law provided by the municipality, a new act of legislation was adopted in the Slovak Republic with effect from 1 January 2016. The Local Development Fee Act is meant to be a tool that would enable funding and support building of civic infrastructure and amenities. The aim of the paper is to analyze how the fee was implemented in municipalities. Due to its facultative character – the municipality may or may not adopt it by a generally binding regulation (local ordinance) - it can be assumed that it has been implemented first in larger towns and cities and/or municipalities within the metropolitan areas of these cities. This is where the most intensive residential housing construction takes place. Small municipalities and peripheral municipalities would arguably not apply it, as it could eliminate the interest in housing construction in their territory. Their aim is to retain or attract new residents and investors. To verify this, two hypotheses are set: 1. The local development fee has been implemented by large towns and municipalities in their metropolitan areas. 2. Boroughs of Bratislava applied the maximum amount stipulated by law when levying the fee. The results of the research brought confirmation of the hypotheses as well as some interesting facts.

  • Page Range: 182-189
  • Page Count: 8
  • Publication Year: 2020
  • Language: Slovak