Latvijas pašvaldību finanšu izlīdzināšanas sistēmas darbības izvērtējums tās pilnveidošanai

Jansone, Sandra; Shenfelde, Maija
June 2010
Economics & Business;Jun2010, Vol. 20, p65
Academic Journal
The purpose of the article is to evaluate the compliance of the financial equalization system activity existing in the local municipalities of Latvia with the legislation of our country and recommendations of the Council of Europe. Due to accomplishment of the purpose the authors of the article analyse basic principles of the municipality budgets, drawing attention to the factors which complicate to analyze the financial situation of the local municipalities. Suggestions are given on the bases of the positive experience of the local municipalities of other states, in which the existing division of budget into the bussiness budget and investments' budget provides effective management and analysis of the local municipalities budget. There are some factors which inconvenience effective work of the financial equalization system in the local municipalities in Latvia. Suggestions for elimination of these factors are offered. The article mainly focuses the sort of tax revenue, which characterizes the finances of the municipalities - validity of income tax and real estate tax choice and gives suggestions in increasing the budget of municipalities due to tax increases. The authors of the article investigate the parameters which are used to analyze the criteria of the financial system necessity in municipalities and suggest the establishment of new criteria and the activation of the existing criteria as well. Inclusion of definite part of the enterprise income tax and natural resources tax into financial equalization fund of municipalities is offered. It would be useful to include some additional criteria which are concerned with economical activity and improvement of ecological system in municipality among the criteria of the financial equalization also. In general the results of the survey of financial equalization system in Latvian local municipalities are summarized and the article draws conclusions about the usefulness of the activities for the improvement of the municipality equalization project and gives suggestions for the further development of the system.


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