Analysis of the volume and structure of original and assigned revenues of the budget of the city of Leskovac

Abstract

Strengthening the financial independence of local self-government is a prerequisite without which the demand for faster democratization and decentralization of state power, as well as the implementation of economic development processes, cannot be fulfilled. In order to achieve a series of tasks and functions that the state is obliged and competent to perform, it needs certain financial resources. Local public revenues represent the revenues of local authorities from which their public affairs are financed. The strengthening of local government is related to the process of fiscal decentralization and the increase of the share of local public revenues in the total revenues of the state. The aim of the work is to analyze the distribution of public revenues in the budget of the city of Leskovac, to indicate the ratio of original and ceded revenues and the factors that influence their size. Based on the analysis of the available data, it can be seen that the ratio of original and ceded revenues in the budgets of local self-governments is unfavorable. Within the scope of revenues and receipt of local self-government budgets, a significantly larger amount of funds is made up of ceded revenues, which shows a high level of centralization.