153-0392/01 – Financial management of territorial self-government (FMÚS)
| Gurantor department | Department of Public Economics | Credits | 4 |
| Subject guarantor | doc. Ing. Petr Tománek, CSc. | Subject version guarantor | doc. Ing. Petr Tománek, CSc. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The aim of the course is to familiarize students with functioning of the financial system at level of territorial budgets in the Czech Republic. After completing the course students:
- will be able to characterize territorial budgets within the Czech Republic's budgetary system,
- will be able to define basic financial operations of each type of territorial budgets, relations between territorial budgets and other public budgets,
- will gain basic knowledge about functioning of individual types of territorial budgets, incl. budgetary procedure and budgetary rules.
Teaching methods
Lectures
Tutorials
Summary
The subject acquaints with principles of territorial budgets in the Czech Republic, namely budgets of municipalities, regions and voluntary associations of municipalities. The sources and issues of expenditures of these budgets and their specifics, rules of management, budgetary process, links to other public budgets, and other financial connections of territorial budgets are discussed.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
Credit based on the preparation of the seminar work and participation in exercises. Oral exam.
E-learning
Studijní opory TpB:
https://lms.vsb.cz/course/view.php?id=72596
Other requirements
Additional the requirements are not specified.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Course syllabus of the course:
1. Theoretical basis of territorial self-government - public goods, public budgets, fiscal federalism, the European context of the issue, European charter of local administration, historical development in the Czech Republic.
2. Territorial self-government in the Czech Republic - types of territorial budgets, principles of the financial system, budget, medium-term budgetary outlook, funds.
3. Budgetary process and rules of territorial budgets management - proposal, negotiation, approval, implementation and final control of the budget, role of local authorities in the management.
4. Structure and change of territorial budgets - budgetary structure, statement of budget, budgetary measures, publicity.
5. Typology of territorial self-government revenues - tax, non-tax, capital and subsidies in individual types of territorial budgets, factors influencing the size of income.
6. Decisions and powers of territorial self-governments in the area of budgetary resources.
7. Territorial budget expenditures - expenditures of territorial budgets, expenditure limits, taxation of local self-government activities, provision of subsidies.
8. Methods of securing public services, financial relations to their own organizations.
9. Using borrowings in territorial budgets - credit, loan, bonds, liability ways.
10. Economic equilibrium and debt - result of budget management, debt service, municipal monitoring, budget accountability.
11. Financial analysis of management of territorial budgets - approaches to budget evaluation.
12. Methods of drafting and evaluating budgets - methods of drafting budgets, concepts of current and capital budgets, documents for budgeting.
13. Control, review, audit, rating.
14. Current problems of management of territorial budgets.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction