Ekonomiczne Problemy Usług (Dec 2018)

Zwrotne instrumenty zadłużania się jednostek samorządu terytorialnego

  • Ewa Rogowska

Journal volume & issue
Vol. 133

Abstract

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Units of local governments, in order to realize their tasks, use various returnable sources of financing. It results from inadequacy of sources of revenues to the scope of realized projects and taking tasks aimed at meeting the needs of local communities. Public finance sector units may incur liabilities in the form of bank loans, loans or issue municipal bonds. Choosing the property sources of financing depends on many factors and should always be preceded by an economic analysis. Debt limits which are in force for territorial self-government units are strictly determined by law. The aim of the article is to present external, foreign sources of local government’s financing needs and to identify factors determining a choice of a financial instrument and a size of an indebtedness

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