The Role and Place of Local Budget Within Local Public Finances
DOI:
https://doi.org/10.18662/eljpa.2014.0101.06Keywords:
local budget, local public finances, revenues, expenses, authonomyAbstract
The present paper represents a scientific approach which analyses the importance and role that local budget has within the local public finances amid the financial relations in our country. In approaching the subject we started fixing the notion of local finance and then we clarify the concept and place of the local budget as the main part of local public finances. In the last part of the article we dealt interrelationships and the role of the local budget in the general consolidated budget. To demonstrate the role of local budgets within the general consolidated budget we used shares that income and expenditure of local budgets have in the total of revenue and expenditure of general consolidated budget.
Ichim, C. (2014). The Role and Place of Local Budget Within Local Public Finances. European Journal of Law and Public Administration, Year 2014, Issue 1, pp. 77-86. DOI: http://dx.doi.org/10.18662/eljpa.2014.0101.06
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Filip, Gheorghe, Public finances, Junimea Publishing House, Iasi, 2002
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Voinea, Gheorghe M., Local public finances and their efficient administration, Economic Publishing House, Bucharest, 2011
Iulian Vacarel, Anghelache G., Bercea Fl., Bistriceanu Gh., Bodnar M., Mosteanu T., Georgescu F., Public finances, Didactic and Pedagogic Publishing House, Bucharest, 2006
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***Law no. 273/2006 on local public finances, published in O. M., Part I, no. 618 from 18/07/2006
***The Constitution of Romania, republished in O.M. no. 767 from 31 October 2003
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