FINANCIAL PERFORMANCE ANALYSIS OF THE MUNICIPALITY OF PRIZREN IN KOSOVO FOR THE PERIOD 2005-2019

Abstract

The purpose of this research is to analyze and reflect the financial performance of revenues and expenditures of the Municipality of Prizren in Kosovo from 2005 to 2019. Using different types of methods (statistical, confirmatory, qualitative, analytical, quantitative and comparative), the analysis of revenues and expenditures of the Municipality of Prizren is done for each year separately, where it is presented in detail in tabular forms. Each revenue and each expense is calculated separately and the index of the ratios between allocation and planning, realization and planning as well as realization in relation to the allocation is derived. This research shows the growth of own source revenues from 2005 to 2019, while through the relationship between the realization and planning of own source revenues it analyzes whether there was a discrepancy between the realization and planning in these revenues. The result of the realization of the government grant planning for 15 years will also be shown. All these findings are based on data obtained from the official financial reports of the Municipality of Prizren and financial statements. It has also been done analysis of the correlation between the realization of municipal budget expenditures and the realization of capital investmens. This research tests the four hypotheses presented, which are all accepted after the analysis.

Keywords

• Own Source Revenues, Government Grant, Report, Index, Planning, Allocation, Implementation, Municipality of Prizren, Revenues, Municipal Expenditures.