Rola nadwyżki operacyjnej w budowaniu stabilności finansowej i potencjału inwestycyjnego jednostek samorządu terytorialnego

Cyburt, Agnieszka; Gałecka, Agnieszka

doi:10.22630/pefim.2020.23.72.2

Cited by 3 publications

(1 citation statement)

References 4 publications

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“…• the effective identification and management of risks 10 . The financial stability of local government units depends mainly on a properly constructed financing system, and therefore the source of the weakness of local government finances may be a shortage of funds, as well as the lack of a rational system of managing them in accordance with the theory of sustainable finance 11 . The public sector entity is financially sustainable when it can generate sufficient income to perform its core functions and deliver services at an acceptable level 12 .…”

Section: Introductionmentioning

confidence: 99%

Financial Stability of Rural Municipalities in Poland’s Lublin Voivodeship in 2016-2020

Gałecka¹,

Ganc

2022

pefim

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The stability of public services and the financial situation of local governments has a significant impact on a nation’s economic development. It also affects the long-standing process of political reforms aimed at promoting the efficiency of public sector units, their balanced budgets and financial stability. It is a concept defined in different ways, which is due, among other things, to its multifaceted nature and the lack of precisely defined measures to assess this phenomenon. The main objective of the paper was to assess the financial stability of rural municipalities in Poland’s Lublin voivodeship in 2016-2020. Within the framework of the main objective, ratio analysis and survey research was conducted. The paper was based on the study of literature on the subject, reports on the implementation of budgets in the studied municipalities published by the Regional Chamber of Accounts in Lublin, and a survey questionnaire. Based on the analyses, it was found that the studied municipalities in 2016-2020 recorded sustainability in terms of fiscal policy, and a stable level of financial liquidity and debt, albeit with a relatively low level of revenue independence. The crisis in 2020 caused by the Covid-19 pandemic caused a significant increase in the current expenditures of local government units compared to revenues, which were less than planned, although it did not significantly worsen the financial performance of the surveyed municipalities. In the opinion of the respondents (heads of rural municipalities), the vast majority of rural municipalities in the Lublin voivodeship were financially stable and the Covid-19 pandemic generally did not have a significant impact on their levels of stability.

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Section: Introductionmentioning

confidence: 99%

Financial Stability of Rural Municipalities in Poland’s Lublin Voivodeship in 2016-2020

Gałecka¹,

Ganc

2022

pefim

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Operating Surplus and its Importance in Financing Local Government Tasks on the Example of Municipalities of the Małopolskie Voivodeship

Wichowska

2022

oej

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The operating surplus is a positive subtraction result of the revenue and current expenditures of a local government units. The level of operating surplus determines the scope and quality of task implementation, as well as investment and development opportunities of a local government unit. In periods of economic slowdown, the surplus can serve as a kind of buffer and guarantee for the continuous and effective functioning of a local government unit. The aim of the research was to assess the operating surplus and the ability to perform local government tasks based on the balance of current revenue and expenditure in the current economic conditions. The analysis was carried out on the example of the municipalities of the Małopolskie Voivodeship in Poland, and the research period covered the years 2014-2021. According to the conducted research, the most dynamic situation in the operating surplus development took place in urban municipalities. These municipalities maintained the highest average level of operating surplus, but it was characterized by large fluctuations, e.g. in 2020 due to the Covid-19 pandemic. This may result from the fact of high budget revenues and the widest range of obligatory tasks, as well as from the sensitivity to economic changes of budget revenues that are significant in cities. As a consequence, the implementation of tasks in a continuous manner and at a constant level of quality in periods of downturn may be at risk in the case of these cities, and the lower level of operating surplus may force these local governments to incur liabilities.

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Threats to the Financial Stability of Rural Municipalities of the Eastern Poland Macroregion in the Opinion of Local Authorities

Gałecka¹

2023

Annals PAAAE

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The aim of the study was to identify threats to the financial stability of rural communes from the Eastern Poland macroregion. Particular attention was paid to the awareness of the impact of specific groups of factors on financial destabilization and the identification of the main threats to the financial stability of municipalities. The method of literature analysis and the method of diagnostic survey with the use of a questionnaire were used. The survey was conducted among representatives of the executive body of rural municipalities in the macroregion of Eastern Poland. The research covered 349 rural minicipalites from five voivodeships located in the Eastern Poland macroregion (74% of all units of this type in this region). Based on the conducted research, it was found that the financial destabilization of the surveyed municipalities, to a greater extent than internal factors, is influenced by external factors related to the instability of economic conditions or the location of the unit (in the case of the analyzed municipalities, close to the border). In the opinion of the respondents, the main threat to the financial stability of municipalities is the growing number of tasks without an adequate increase in financial resources for their implementation and a significant share of expenditure on obligatory tasks, the value of which does not depend on the decisions of local government authorities. Generally, one of the greatest threats to the financial stability of the surveyed entities was those resulting from the incorrect distribution of tasks and public funds.

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Rola nadwyżki operacyjnej w budowaniu stabilności finansowej i potencjału inwestycyjnego jednostek samorządu terytorialnego

Cited by 3 publications

References 4 publications

Financial Stability of Rural Municipalities in Poland’s Lublin Voivodeship in 2016-2020

Financial Stability of Rural Municipalities in Poland’s Lublin Voivodeship in 2016-2020

Operating Surplus and its Importance in Financing Local Government Tasks on the Example of Municipalities of the Małopolskie Voivodeship

Threats to the Financial Stability of Rural Municipalities of the Eastern Poland Macroregion in the Opinion of Local Authorities

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