Financial Progress of Integrated Territorial Investments – A Case Study of Kielce Functional Area
Financial Progress of Integrated Territorial Investments – A Case Study of Kielce Functional Area

Summary/Abstract: The level of spending of funds under the Integrated Territorial Investments of Kielce Functional Urban Area (KFA’s ITIs) varies depending on the individual fund. The level of contracting of funds is higher under the European Regional Development Fund (ERDF), while in the case of their certification there is an advantage of the European Social Fund (ESF). The difference between the value of contracted and certified funds is evident. Financing projects from structural funds on the average exceeds 80% of the project value. The implementation of the instrument proceeds correctly from the point of view of spending the funds. The analysis of contracting of the funds in individual years indicates a delay in the implementation of programmes, which is not an exception in the entire Regional Operational Programme for Świętokrzyskie Voivodeship 2014-2020 (ROP SV 2014-2020). The author deals with the issue of financing the Integrated Territorial Investments (ITIs) in the EU perspective 2014-2020.

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