ROLA BUDŻETU BIEŻĄCEGO W GOSPODARCE FINANSOWEJ GMIN I MIAST NA PRAWACH POWIATU
THE ROLE OF THE CURRENT BUDGET IN THE FINANCIAL MANAGEMENT IN CITIES WITH COUNTY RIGHTS

Summary/Abstract: Municipalities run their financial management on the basis of the budget. One of the obligatory rules of these units when preparing it, is the principle of budget balance. The Public Finance Act 2009 introduced regulations on balancing the budget of local government units, which involved the need to balance the budget of these units in the current part. The financial management of local government units was reformulated to generate a larger operating surplus in order to conduct investment activities by these units. Thus, the role of the current budget in the financial management of local government units increased. The aim of the article is to examine whether the existing obligation to balance the current budget can have a significant impact on the directions of spending public funds by municipalities with particular focus on current expenditure and limit the level of tasks implementation by these units. The study covered municipalities and cities with county rights of the Wielkopolskie and Lubelskie voivodships from among the sixteen voivodships in Poland.

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