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Finances of Territorial Units in the Czech Republic
Sláma, David ; Ochrana, František (advisor) ; Klimešová, Magdalena (referee)
Diploma thesis Finance of territorial units in the Czech Republic applies to analyze the self- governing budgets, especially municipalities. The thesis has the theoretical part and the practical one. An approach and function of public budgets and finance are described in the theoretical part. Following part of the thesis is devoting to the Czech budgetary system with the focus to municipal and region budgets. There are analyzed categories of income and expenditures. Budgetary expenditures are compared between municipalities and regions according to allocated field of application, according to the amount of capital expenditures. Another chapter is engaged in current issues in the municipality funding - there were changes in the system of tax distribution from the central government. The second issue is the growing indebtedness of Czech municipalities. The thesis tries to find some recommendations and solutions. The last chapter applies the financial and property analysis for the city of České Budějovice. An economy of the city is assessed according to chosen indicators, ratios and comparisons with budgets and assets between the years 2006 and 2011.
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Financing of development strategy of the town
BÍZKOVÁ, Marie
The goal of presented gradual thesis is to propose financing of development strategy of the town. Thesis is divided into chapters and subsequently into subchapters for better orientation. It consists of two main parts, Review of Literature and Solution and Results chapters. The Review of Literature Chapter includes the list of literature of various authors, on which is based the practical part of thesis. Terms as municipality, sorts of municipalities and their effectiveness, as well as development strategy, strategic management, investment strategy, budget, town budget process and especially classification of income and expenditure are defined in this part. Possible resources of financing of development strategies were specified there too. Following practical part Solution and Results applies rules and knowledge described in Review of Literature Chapter to chosen municipality, in this case local government Bor. The town Bor is introduced by most important statistics, location etc. This chapter presents the Strategic Development Town Plan (SDTP), build-up process, processing and describes coherence to land use plan. SDTP includes investment actions intended to be implemented. Of course it depends on town budget and its development. In order to better visualize town money management, Bor was compared to 39 other towns of similar size by method of financial and property analysis or retrospective analysis. The appreciation of relative index was defined to every index. At the end proposal of financing was sorted. Thesis describes the process of approval of investment by local government and which factors are more or less important for final decision. The most important factor is source of financing, own or outsourcing, and its effect to financial health of municipality. Financial sources were compared in terms of advantages and disadvantages and difficulties of processing them. Selected resources were evaluated using a prospective analysis, which shows us the future form of the budget including financing of investment project. As optimal on the grounds of financing proposals resulted a combination of subsidies and self-financing.
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