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This book explores methods to ensure fiscal decentralization accompanies administrative decentralization, focusing on revenue sources for local governments, design of intergovernmental transfers between central and local government, and necessary rules and procedures to ensure effective financial use.
Decentralisation's effect on local government finance is discussed in detl. We outline various approaches to local financial management, considering the types of revenues avlable, systems governing financial transfers from central to local government, and essential frameworks ensuring responsible expiture.
Local government managers seeking to implement or improve their fiscal strategies will benefit from this work. Policymakers planning reforms are also encouraged as it serves as a guide on good practices in local government finance.
The book's chapters delve into:
Foreword introducing the topic by an expert
Preface providing background and context
An introduction defining financing for local governments
Discussion of decentralisation implications for finances
Exploration of revenue sources specifically for local government
Analysis of administrative systems supporting local revenue management
Examination of capital investment funding mechanisms
Case studies on innovative municipal infrastructure financing approaches
Insight into intergovernmental fiscal transfers and their design
Explanation of budgeting and expiture management strategies
Guidance on accounting and auditing procedures
Strategies fostering citizen participation and accountability
Analysis of English local government finance systems
Examination of Ghana's dynamics in fiscal decentralisation
Commonwealth experiences offering international perspectives
This comprehensive resource support the development of sustnable, effective financial practices for local governments across countries undergoing decentralization reforms.
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Decentralization and Local Government Finance Strategies Revenue Sources for Municipalities in Decentralization Intergovernmental Fiscal Transfers Design Analysis Budgeting Techniques for Local Governments Innovative Infrastructure Financing Methods Accountability in Local Government Spending Management