Instrumentos de financiación del desarrollo urbano en Colombia: Alcances de su implementación por los gobiernos municipales

Abstract

Within the framework of urban transformations and the competences of municipal governments as a result of the decentralization process, the territorial planning and management have formally incorporated novel financing instruments for urban development, not only based on fiscal resources but also on the value capture. This article analyzes the scope of these instruments in Colombia through a mixed research in a sample of 444 municipalities based on an analytical categorization of the sources of funding for municipal public infrastructure and the consolidation of the tax collection results and their destination by concept of such instruments. It is evident that although these instruments have a high potential for financing urban goods and services, they are still under recognized by municipal authorities; they are not representative in public budgets and they are only recently incorporated as sources for urban development.