Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province
Local government units have legal personality. For that reason, they can incur liabilities. Local government units decide on taking loans, credits and issuing bonds, due to deficiencies in financial resources and responsibilities imposed by law. Lawmaker introduced mechanisms limiting an incurrence...
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| Format: | Article |
| Language: | Polish |
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Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
2020-03-01
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| Series: | Prawo Budżetowe Państwa i Samorządu |
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| Online Access: | https://apcz.umk.pl/czasopisma/index.php/PBPS/article/view/PBPS.2020.007/25627 |
| _version_ | 1819154041345671168 |
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| author | Dawid Czesyk |
| author_facet | Dawid Czesyk |
| author_sort | Dawid Czesyk |
| collection | DOAJ |
| description | Local government units have legal personality. For that reason, they can incur liabilities. Local government units decide on taking loans, credits and issuing bonds, due to deficiencies in financial resources and responsibilities imposed by law. Lawmaker introduced mechanisms limiting an incurrence of liabilities to counteract going into excessive debts by local governments. This restricting system is based on a size of an income which has been obtained by local government. The larger an income is, the higher an ability to obtain loans and credits is. In 2018 the lawmaker changed tax law, what resulted in a reduction of an income and in limiting the possibility of incurring liabilities at the same time. |
| first_indexed | 2024-12-22T15:14:46Z |
| format | Article |
| id | doaj.art-5dc4eb8da8b14a09bdb161362e62db30 |
| institution | Directory Open Access Journal |
| issn | 2300-9853 2353-7086 |
| language | Polish |
| last_indexed | 2024-12-22T15:14:46Z |
| publishDate | 2020-03-01 |
| publisher | Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika |
| record_format | Article |
| series | Prawo Budżetowe Państwa i Samorządu |
| spelling | doaj.art-5dc4eb8da8b14a09bdb161362e62db302022-12-21T18:21:47ZpolWydawnictwo Naukowe Uniwersytetu Mikołaja KopernikaPrawo Budżetowe Państwa i Samorządu2300-98532353-70862020-03-018115317310.12775/PBPS.2020.007Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian ProvinceDawid Czesyk0https://orcid.org/0000-0002-0164-9296Regional Audit Chamber in Szczecin, PolandLocal government units have legal personality. For that reason, they can incur liabilities. Local government units decide on taking loans, credits and issuing bonds, due to deficiencies in financial resources and responsibilities imposed by law. Lawmaker introduced mechanisms limiting an incurrence of liabilities to counteract going into excessive debts by local governments. This restricting system is based on a size of an income which has been obtained by local government. The larger an income is, the higher an ability to obtain loans and credits is. In 2018 the lawmaker changed tax law, what resulted in a reduction of an income and in limiting the possibility of incurring liabilities at the same time.https://apcz.umk.pl/czasopisma/index.php/PBPS/article/view/PBPS.2020.007/25627local governmentfinancescreditloantaxesincome |
| spellingShingle | Dawid Czesyk Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province Prawo Budżetowe Państwa i Samorządu local government finances credit loan taxes income |
| title | Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province |
| title_full | Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province |
| title_fullStr | Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province |
| title_full_unstemmed | Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province |
| title_short | Lawmaker’s influence on an individual ratio of debt of the communities in West Pomeranian Province |
| title_sort | lawmaker s influence on an individual ratio of debt of the communities in west pomeranian province |
| topic | local government finances credit loan taxes income |
| url | https://apcz.umk.pl/czasopisma/index.php/PBPS/article/view/PBPS.2020.007/25627 |
| work_keys_str_mv | AT dawidczesyk lawmakersinfluenceonanindividualratioofdebtofthecommunitiesinwestpomeranianprovince |