| Abstract [eng] |
Master's work subject is topical is because almost all Lithuanian municipalities have insufficient finances to fulfil their functions . Lithuanian municipalities are dependent on external financing – state decisions and grants. Due to that, they are unable to generate sufficient funds to carry out their functions. Therefore, it is important to examine the municipal budget management carefully and to identify its strengthening methods, as it is a measure to solve municipal budgets financial challenges. Analyzing the problem – how to strengthen municipal budget management? The aim of the research – to analyse the municipal budget management. Object – municipal budget. Objectives of the research: 1. To analyze the municipal budget, its management concept, structure and management methods. 2. To analyze local government and municipal budget regulation and situation in Lithuanian municipalities. 3. To analyze Telšiai district municipal budget management and make recommendations for the improvement of it. Research methods: analysis of scientific literature, legal documents, descriptive, comparative and statistical analysis, expert survey. Thesis includes the following parts: introduction, theoretical part, the analysis of Lithuanian legal documents and situation, the analysis of the study results, conclusions, recommendations, and references. In the theoretical part of the paper the importance of local government, municipalities and budget concept is analyzed. Moreover, the structure of local budgets, budget process, traditional and modern budget management techniques are explored. During the legal documents analysis in Lithuania, the municipal budget‘s regulation was discussed. After that, the analysis of Lithuanian municipality’s budgetary problems was performed. According to the structure of municipal budget revenues, fiscal decentralization level is low in Lithuania. Municipalities tend to balance their budgets by borrowing. The study describes the results of the analysis of Telšiai District Municipality and the main characteristics of it. Study also analyzes budget management in 2012–2014 and reveals the dynamics of major indices. According to the expert interviews, the main budgetary problems and advantages of Telšiai district were analyzed. Telšiai district budget management has been assessed as good. |
