INVESTMENT ATTRACTIVENESS AND ABILITY TO DEVELOP THE COMMUNE OF WIERZBICA AGAINST THE BACKGROUND OF SELECTED COMMUNES

Abstract

The investment attractiveness of a given entity is one of the most important factors related to the creation of appropriate economic activity. It can also be defined as the ability to create development, which in turn requires systematic financial investments from the authorities. Local government units are responsible for meeting the needs of their stakeholders, especially the inhabitants of municipalities. Therefore, they are equipped with appropriate sources of financing for current and property-related tasks. Budgets created every year compare budget revenues and expenses, and their evaluation using a tool called financial analysis allows for a better understanding of how local governments manage their finances. The main aim of the article is to present the results of research on the assessment of the attractiveness and development capacity of the Wierzbica commune. To achieve this goal, an assessment of the financial statements of the Wierzbica commune and rural communes was carried out, as well as a comparative analysis (benchmarking) of the examined unit and other communes of the Radom poviat.