FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA
Bulgaria is a unitary country and municipalities are the only subnational level of self-governance. It is important to have stability and independence in local finances to provide services of high quality. This research's main goal is to evaluate the level of financial independence in rural mun...
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| Format: | Article |
| Language: | English |
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University of Agricultural Sciences and Veterinary Medicine, Bucharest
2024-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.24_2/Art77.pdf |
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| author | Emil MUTAFOV |
| author_facet | Emil MUTAFOV |
| author_sort | Emil MUTAFOV |
| collection | DOAJ |
| description | Bulgaria is a unitary country and municipalities are the only subnational level of self-governance. It is important to have stability and independence in local finances to provide services of high quality. This research's main goal is to evaluate the level of financial independence in rural municipalities in Bulgaria by monitoring the main revenue flow to the municipal budget - through local taxes. There are a few methods used in the process of evaluation, like mathematical synthesis, comparative analysis, and deduction. The research is using the European NUTS classification, Bulgaria's Law on Regional Development, statistical information from the National Statistical Institute, and the Ministry of Finance. Results are going to show where is the weak point in the municipal local finances to gain more independence and how they can increase their revenue. This will allow them to distribute better their financial flows and invest in activities and services that are necessary for their municipality type. |
| format | Article |
| id | doaj-art-7d719af4ac354ac2bdac4d838bd9413d |
| institution | DOAJ |
| issn | 2284-7995 2285-3952 |
| language | English |
| publishDate | 2024-01-01 |
| publisher | University of Agricultural Sciences and Veterinary Medicine, Bucharest |
| record_format | Article |
| series | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| spelling | doaj-art-7d719af4ac354ac2bdac4d838bd9413d2025-08-20T02:40:22ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522024-01-01242697704349FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIAEmil MUTAFOVBulgaria is a unitary country and municipalities are the only subnational level of self-governance. It is important to have stability and independence in local finances to provide services of high quality. This research's main goal is to evaluate the level of financial independence in rural municipalities in Bulgaria by monitoring the main revenue flow to the municipal budget - through local taxes. There are a few methods used in the process of evaluation, like mathematical synthesis, comparative analysis, and deduction. The research is using the European NUTS classification, Bulgaria's Law on Regional Development, statistical information from the National Statistical Institute, and the Ministry of Finance. Results are going to show where is the weak point in the municipal local finances to gain more independence and how they can increase their revenue. This will allow them to distribute better their financial flows and invest in activities and services that are necessary for their municipality type.https://managementjournal.usamv.ro/pdf/vol.24_2/Art77.pdf |
| spellingShingle | Emil MUTAFOV FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| title | FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA |
| title_full | FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA |
| title_fullStr | FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA |
| title_full_unstemmed | FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA |
| title_short | FINANCIAL INDEPENDENCE IN RURAL MUNICIPALITIES IN BULGARIA |
| title_sort | financial independence in rural municipalities in bulgaria |
| url | https://managementjournal.usamv.ro/pdf/vol.24_2/Art77.pdf |
| work_keys_str_mv | AT emilmutafov financialindependenceinruralmunicipalitiesinbulgaria |