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Simulators For Municipal Budgeting

Author

Listed:
  • Denitsa Zagorcheva

    (Shumen University “Episkop Konstantin Preslavski”, Shumen, Bulgaria)

Abstract

The initial and final preparation of the budgets for the Municipalities are not at all new or unexplored processes. However, a routine and comparative approach fo their design is usualy observed as a whole. Once finally and officially accepted, the budget becomes a financial framework for the main municipality activities. In this presentation are shown number of "simulators" designed to determine as accurately as possible the individual budget topics and subjects. "Simulators", based on different methods, give values ??and justify which of them, in which topics and subjects are applicable. The preparation of the budgeting is a major step in the overall budgeting process. So if it is prepared by "simulating" of the well known and “proved”methods, than the budget will be ready to balance all the opportunities and needs of the Municipalities.

Suggested Citation

  • Denitsa Zagorcheva, 2020. "Simulators For Municipal Budgeting," Economic Science, education and the real economy: Development and interactions in the digital age, Publishing house Science and Economics Varna, issue 1, pages 201-211.
    • Handle: RePEc:vrn:cfdide:y:2020:i:1:p:201-211
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    File URL: https://ue-varna.bg/~uevarna/uploads/filemanager/303/publishing-complex/2020/Economic_science_education_real_economy_T1_2020.pdf
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    More about this item

    Keywords

    municipal budget; planning simulators; budget revenue; budgetary expenditure; budget process;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures

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