Budgeting practice of local government units in Serbia

Brnjas, Zvonko and Dedeić, Predrag (2013) Budgeting practice of local government units in Serbia. In: Post crisis recovery. Belgrade Banking Academy, Belgrade, pp. 470-486. ISBN 978-86-7852-034-1

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Abstract

Budget and finance management is one of the key functions of Local Governments
(LGs), through which they perform their competencies: their own, as well as
those which are delegated by higher levels of the Government. LGs use a number
of management tools in conducting the budgeting process (planning, executing
and controlling), among which specific budget models and formats are very
important and particularly effective instruments. This article elaborates the most
widespread budget models in LG practice such as Line-Item Budgeting, as well as
specific ones such as Zero-Based Budgeting, Performance Based Budgeting, and
finally the most advanced, such as Program Budgeting. The major features
(advantages as well as disadvantages) of each of those budgeting models are
briefly presented and discussed. In the following sections current budgeting
practices in Serbian local government units are analyzed and evaluated in respect
to the LG reform process which has been initiated during the 2000s. The general
goals of the reform process which refer to improvement of the efficiency and
transparency of the budget process and accountability of the main players in
planning, executing and controlling public finance at the local governmental level
- could be significantly affected by the selected and implemented budgeting
models. In respect to this the prospective of improving the current LG budgeting
practice through introduction of more advance budgeting models such as the
performance-based and program budgeting are elaborated and discussed in more
detail.

Item Type:	Book Section
Additional Information:	COBISS.ID=1024542864
Uncontrolled Keywords:	Local Governments, Line-Item Budgeting, Performance Based Budgeting, Budget Programming, Budget Performance Indicators
Research Department:	?? H1 ??
Depositing User:	Jelena Banovic
Date Deposited:	28 Aug 2016 17:11
Last Modified:	28 Aug 2016 17:11
URI:	http://35.240.28.64/id/eprint/676
Author Links:	[error in script] No links available.

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