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Municipal Debt in the region of South Bohemia
Cenková, Veronika ; Žáková Kroupová, Zdeňka (advisor) ; Lenka, Lenka (referee)
The main objective of the thesis is to evaluate the development of the municipal debt in the Czech Republic in the interval 2004-2014. The sub-objectives are to define the development of municipal debt in the Czech Republic in the interval 2004-2014, to define the structure of the municipal debt in the country concerned, to categorize the municipal debt in the Czech Republic according to the area and to assess the municipal debt in light of the size of the region. Concrete municipalities in the region of South Bohemia will be presented as examples and the results of this debt incurred in the watched interval on municipal management will be introduced. The theoretical part introduces the phenomenon of debt in municipalities in the Czech Republic. The applied part of the thesis analyses the debt of the city of Hluboká nad Vltavou and consequently it investigates and the debt service and the debt incurred in the watched interval of other municipalities such as Dubné, Dříteň, Zlatá Koruna and the city of Velešín. The results of the analysis are presented together with some recommendations. For the applied part of the thesis three municipalities with effectively allocated finance were chosen. These will be compared with two municipalities which did not manage their finance as effectively. Hluboká nad Vltavou, Zlatá Koruna and Velešín represent the first group while Dubné and Dříteň represent the second group. The biggest problem of these indebted municipalities is the fact that the municipalities take a credit for the operation of the municipality instead of pre-refinancing grants. In conclusion the thesis evaluates its findings.
Throughout this thesis several methods were used, including; analysis of relevant publications, interviews, and comparisons.
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