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New Conditions of Municipal Financial Management
New Conditions of Municipal Financial Management

Author(s): Petr TOMÁNEK
Subject(s): National Economy, Economic policy, Public Finances, Fiscal Politics / Budgeting
Published by: Masarykova univerzita
Keywords: Municipality; tax assignment; criterion; population;
Summary/Abstract: Within the frame of municipal financial management in the Czech Republic, there has been perceived an issue of sharing taxes by municipalities for a long time. There are significant differences in tax revenues between small and large municipalities. These differences should be reduced by the oncoming change of the Act on Budgetary Allocation of Taxes. The prepared change of rules and criteria of tax assignment creates new conditions of municipal financial management. These are not only expressed by the new rules but it is also necessary to monitor the wider context of proposed changes which can be presented, for example, by the change of structure of municipal revenues etc.