Abstract
The problem of optimising financial relations in the budgetary system with respect to its vertical and horizontal structure often manifests itself in the form of vertical and horizontal fiscal imbalances, when the revenues of public administration units at its different levels or at the same level do not correspond to the expenditures related to the performance of the delegated responsibilities. The aim of the study is to map, using the case study method, the problem of vertical fiscal imbalance in the performance of delegated responsibilities at the level of local self-government in the Slovak Republic. Research ousomes show that municipalities overwhelmingly do not know the costs of performing delegated responsibilities (cost-center accouting is notu sed) , and thus we cannot legitimately determine vertical fiscsal imbalance scope. Identifying the sope of vertical fiscal imbalance througth the cost-center accouting is the starting point for its solution by the functionalisation of inter-level financial relations so that the revenues of public administration units at its different levels correspond to the expenditures associated with the performance of the delgated responsibilities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.