Savivaldybės biudžeto sudarymo (planavimo) ypatumai ; Peculiarities of municipal's budgeting formation (planning)

Abstract

This master's thesis analyzes the process of forming (planning) the budgets of municipalities of the Republic of Lithuania, based on the practice of Šilutė District Municipality. On purpose to reveal the peculiarities of this procedure, the work also examines the concept of budget, the place of municipal budgets in the budgetary system of the Republic of Lithuania, discusses the structure of municipal budgets and the influence of its structural components - income and expenditure - on the formation of municipal budgets. The relevance of the topic is that the creation of municipal budgets, the preparation of a revenue and expenditure plan for the fiscal year, are one of the most important stages of the budgetary process, which influences the realization of the balanced budget principle. Recently it is becoming increasingly difficult for municipalities to implement this principle. Therefore, it is necessary to analyze municipal budgets in more detailed the formation of municipal budgets by finding ways to create efficient and targeted budgets. For this reason, the problem of the autonomy of municipalities in the planning of their budgets was raised and formulated in this work. The application of the analysis of legislation and legal doctrine has allowed to establish that despite the validity of the concept of fiscal decentralization in Lithuania, the autonomy of municipalities in determining budget revenues and planning of expenditures is very limited. However, it is revealed that municipalities are sufficiently independent in regulating their budgeting procedures. As a result, the work also emphasizes that the procedures for drawing up budgets of different municipalities may be regulated by different local regulations. To reveal the topic of the Master's thesis and to achieve the purpose of the work was used descriptive, logical, systemic, historical and linguistic methods.