Budgets of local governments under new restrictions

Thematic scope

• An amendment to the Public Finance Act: Will the individual debt indicator have the whip hand over the indebtedness of LGUs, or will it become a stumbling block to new investment projects?
• Taxes and local fees versus tax relief. How to find the golden mean between the accumulation of profits and economic development in local governments?
• The supervision of regional chambers of audit; extension of their competences versus the feasibility of the budgets of local governments and multi-annual financial forecasts
• The richest and poorest local governments. Tax revenues per capita versus the actual financial situation of LGUs
• A treasurer or a financial director? How to manage finances in a situation of permanent deficit?