153-0356/02 – Financial management of local budgets (EÚS)

Gurantor departmentDepartment of Public EconomicsCredits4
Subject guarantordoc. Ing. Petr Tománek, CSc.Subject version guarantordoc. Ing. Petr Tománek, CSc.
Study levelundergraduate or graduateRequirementChoice-compulsory
Study languageCzech
Year of introduction2015/2016Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor, Follow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
BEC05 Ing. Bc. Jiří Bečica, Ph.D.
TOM54 doc. Ing. Petr Tománek, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+1

Subject aims expressed by acquired skills and competences

To characterize the budgets of municipalities and regions, and other kinds of budgets. To characterize the revenues and expenditures of local budgets. To explain the steps of budgetary process. To analyse and compare the financial management of regions and municipalities. To explain the approaches to budgeting. To describe the main particular aspects of financial management of local budgets. To characterize basic economic relations in territory which influence the financial management of local self-governments.

Teaching methods



The aim of the subject is to introduce the principles of financial management of local budgets in the Czech Republic: municipalities, regions, voluntary association of municipalities and regional councils of cohesion regions. There are covered the issues of resources and expenditure headings of these budgets, their budgetary rules, budgetary process of preparation of the budget, relations to other public budgets. The subject also contains current development and practical issues of local budgets.

Compulsory literature:

LUDER, K. Developments in Public Sector, Accounting. Speyer: University for Public Administration.

Recommended literature:

Forte, F. , Mudambi, R., Navarra, P. A Handbook Of Alternative Theories Of Public Economics Edward Elgar Publishing Ltd. is registered in the UK at: The Lypiatts, 15 Lansdown Road, Cheltenham, Glos GL50 2JA. Registered number: 2041703

Way of continuous check of knowledge in the course of semester


Other requirements

Elaboration of the seminar work focused on the issue of local budgets.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

- Theoretical basis of the existence of local self-governments (public goods, public budgets and their resources, fiscal federalism, self-government, etc.). - Territorial self-government in the Czech Republic, historical development and European context. - Characteristics, bodies and role of the municipalities, regions, voluntary associations of municipalities and regional councils of cohesion regions in the Czech Republic. - Budgetary process and its application on the local budgets. - Typology of revenue of local self-governments. - Expenditures of local self-governments and their limitations. - Balance of the financial management and indebtedness. - Organizations established and founded by local self-governments and their financing. - Selected issues of financial management of territorial self-government units: taxation, business activities, user fees, property management. - Methods of preparation and evaluation of the budgets. - Control and examination of the financial management. - Current issues of financial management of the municipal and regional budgets. Content of the seminars lies in the application of knowledge acquired at lectures on the specific local self-governments in a form of presentation of specified seminar works and guided discussions on selected issues of the subject.

Conditions for subject completion

Full-time form (validity from: 2015/2016 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit  
        Zápočet Written test  
Mandatory attendence parzicipation: 50 % účast na cvičeních

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2019/2020 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 3 Choice-compulsory study plan
2018/2019 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 3 Choice-compulsory study plan
2017/2018 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 3 Choice-compulsory study plan
2016/2017 (N6202) Economic Policy and Administration (6202T027) National Economy P Czech Ostrava 1 Choice-compulsory study plan
2015/2016 (N6202) Economic Policy and Administration (6202T027) National Economy P Czech Ostrava Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner