Village Political Finance Management Law

Abstract

Inequality and differences in authority and procedures for forming villages can influence the legal politics of managing village funds. Thus, a law is needed to regulate the law fund management. This study aims to determine how village financial management is regulated after enacting the Law of the Republic of Indonesia No. 6 of 2014 concerning villages. This research was conducted to adjust financial management arrangements based on Law No. 6 (2014) so that the funds spent by the village can be detailed clearly. The normative juridical method is used by systematically analyzing the provisions of the law and evaluating the conformity between the existing laws and regulations and changes to these laws. The study results show that the legal ratio of village financial arrangements based on Article 3 of Law No. 6 of 2014 concerning Villages has the principles of recognition, subsidiarity, diversity, togetherness, deliberation, democracy, independence, participation, equality, empowerment and sustainability. The legal ratio for the village financial management is also regulated in 4 stages; planning, implementation, administration, and reporting and accountability.

Keywords

• political law
• financial management
• village finance